Oakland City, IN has a median housing value of $130,700, which is much lower than the US housing median value of $338,100. Despite this, Oakland City experienced an impressive 16.17% house appreciation rate in the past year compared to 8.27% nationally. This indicates that Oakland City is an attractive option for investing in real estate and provides good potential for appreciation of value to home buyers or investors.
The median home cost in Oakland City (zip 47660) is $130,700. Home appreciation the last 10 years has been 71.9%. Home Appreciation in Oakland City (zip 47660) is up 16.1%.
Average Age of Homes
- The median age of Oakland City (zip 47660) real estate is 48 years old
The Rental Market in Oakland City (zip 47660)
- Renters make up 23.0% of the Oakland City (zip 47660) population
- 0.8% of houses and apartments in Oakland City (zip 47660), 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.