Oakland Park, FL is an attractive location for those interested in purchasing a home. The median value of homes in the area is currently $349,000, which is slightly higher than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate in Oakland Park has been much higher than the national rate of 8.27%, with a 22.86% increase over the past 12 months. This makes it an especially desirable place to invest in real estate, as prices are likely to continue to appreciate over time.
The median home cost in Oakland Park is $349,000. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Oakland Park is up 26.9%.
Average Age of Homes
- The median age of Oakland Park real estate is 46 years old
The Rental Market in Oakland Park
- Renters make up 38.6% of the Oakland Park population
- 1.9% of houses and apartments in Oakland Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.