Oakland, KY is a great place to live with a median housing value of $253,400. This is significantly lower than the US median housing value of $338,100. However, the 1 year appreciation rate for Oakland is 17.20%, which is nearly double the US average of 8.27%. This indicates that Oakland is an excellent area for property investments because it has a low entry cost and high potential returns.
The median home cost in Oakland (zip 42159) is $253,400. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Oakland (zip 42159) is up 17.9%.
Average Age of Homes
- The median age of Oakland (zip 42159) real estate is 43 years old
The Rental Market in Oakland (zip 42159)
- Renters make up 8.6% of the Oakland (zip 42159) population
- 0.0% of houses and apartments in Oakland (zip 42159), 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.