Oakwood, GA is an attractive place to live and invest in a home due to its higher than average house appreciation rate. The median value of housing in Oakwood is $281,100, which is lower than the national average of $338,100. This makes it a more affordable option for prospective homeowners. However, what really sets Oakwood apart from other areas is its 1 year house appreciation rate of 17.32%, which far exceeds the US rate of 8.27%. This means that investing in a home in Oakwood can have great returns and make it a great choice for those looking to purchase or invest in real estate.
The median home cost in Oakwood is $281,100. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Oakwood is up 22.4%.
Average Age of Homes
- The median age of Oakwood real estate is 21 years old
The Rental Market in Oakwood
- Renters make up 57.3% of the Oakwood population
- 5.8% of houses and apartments in Oakwood, 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.