Zip 04963 (Oakland, ME) Housing

Oakland, ME (zip code 04963) has a housing median value of $277,800, which is significantly lower than the U.S. median value of $338,100. However, Oakland has seen an impressive appreciation rate in housing over the past year at 16.46% compared to the U.S. average of 8.27%. This indicates that Oakland's real estate market is growing quickly and is a great investment opportunity for those looking to move to or invest in the area. With such a high appreciation rate and relatively low median house value, now is a great time to look into this thriving market!

The median home cost in Oakland (zip 04963) is $277,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Oakland (zip 04963) is up 20.6%.

Average Age of Homes

- The median age of Oakland (zip 04963) real estate is 34 years old

The Rental Market in Oakland (zip 04963)

- Renters make up 20.6% of the Oakland (zip 04963) population
- 2.1% of houses and apartments in Oakland (zip 04963), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Oakland, Maine	United States
	4,322.0	139,647,020.0
	34	42
	$277,800	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$13.00	$10.98
	$2,251	$2,690
	63.2%	57.4%
	28.6%	11.2%
	8.2%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	24.2%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	3.6%	2.4%
	5.7%	2.8%
	1.4%	3.9%
	5.8%	4.5%
	16.6%	11.3%
	16.8%	13.0%
	27.8%	20.1%
	7.3%	13.6%
	5.2%	8.3%
	2.6%	9.7%
	0.1%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	20.1%	13.6%
	14.8%	13.2%
	13.4%	14.8%
	20.1%	13.6%
	2.0%	10.0%
	6.8%	4.7%
	10.4%	12.2%

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