The median value of housing in Oakland, IA (51560) is $183,600, which is significantly lower than the US median value of $338,100. However, the one year house appreciation rate in 51560 Oakland is 15.23%, which is much higher than the US one year house appreciation rate of 8.27%. This suggests that real estate in Oakland is a great investment opportunity for those looking to buy or invest in the area. The high and increasing rate of appreciation makes 51560 Oakland an attractive place for potential homeowners or investors seeking an advantageous market to purchase property.
The median home cost in Oakland (zip 51560) is $183,600. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Oakland (zip 51560) is up 15.4%.
Average Age of Homes
- The median age of Oakland (zip 51560) real estate is 59 years old
The Rental Market in Oakland (zip 51560)
- Renters make up 26.9% of the Oakland (zip 51560) population
- 1.1% of houses and apartments in Oakland (zip 51560), 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.