The housing in Oakland, MO is quite valuable compared to the national average. The median value of a house in Oakland, MO is $396,400 while the US median value is only $338,100. The 1 year appreciation of housing in Oakland, MO is 7.74%, slightly lower than the 8.27% nationally. This indicates that Oakland, MO has an incredibly strong housing market and that there is a high demand for property there. Overall, it appears that Oakland, MO is an ideal place to invest in property due to its relatively high home values and steady appreciation rate.
The median home cost in Oakland is $396,400. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Oakland is up 11.4%.
Average Age of Homes
- The median age of Oakland real estate is 63 years old
The Rental Market in Oakland
- Renters make up 17.6% of the Oakland population
- 0.0% of houses and apartments in Oakland, 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.