Oakfield, MI is an attractive housing market due to its relatively high median value of $340,000 compared to the US median value of $338,100. Additionally, Oakfield's 1 year house appreciation rate is higher than the national rate at 10.91%, making it a great option for both those looking to buy and those looking to invest in real estate. With such positive prospects for housing in Oakfield, it's no wonder why many are drawn to the area.
The median home cost in Oakfield is $340,000. Home appreciation the last 10 years has been 109.5%. Home Appreciation in Oakfield is up 14.4%.
Average Age of Homes
- The median age of Oakfield real estate is 30 years old
The Rental Market in Oakfield
- Renters make up 4.3% of the Oakfield population
- 0.0% of houses and apartments in Oakfield, 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.