Oakley, UT is known for its high real estate value and appreciation rate. The median value of a house in Oakley is $683,900, which is significantly higher than the US House Median Value of $338,100. In the past year, the US House Appreciation rate was 8.27%, while in Oakley it was 8.44%. This shows that Oakley's housing market has not only been more expensive than the nation's average but also experienced a higher rate of appreciation in just one year.
The median home cost in Oakley is $683,900. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Oakley is up 16.3%.
Average Age of Homes
- The median age of Oakley real estate is 24 years old
The Rental Market in Oakley
- Renters make up 15.0% of the Oakley population
- 2.4% of houses and apartments in Oakley, 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.