Zip 21550 (Oakland, MD) Housing

Housing in Oakland, MD (21550) is more prosperous than the US in terms of median value and appreciation. The median value of a house in Oakland stands at $256,300 compared to the US median of $338,100. Moreover, the 1 year house appreciation rate is 17.95% in Oakland which is significantly higher than the 8.27% national average. This is evidence that living and investing in real estate in this region can be very rewarding.

The median home cost in Oakland (zip 21550) is $256,300. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Oakland (zip 21550) is up 11.6%.

Average Age of Homes

- The median age of Oakland (zip 21550) real estate is 36 years old

The Rental Market in Oakland (zip 21550)

- Renters make up 19.1% of the Oakland (zip 21550) population
- 2.8% of houses and apartments in Oakland (zip 21550), 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, Maryland	United States
	8,243.0	139,647,020.0
	40	42
	$256,300	$338,100
	11.6%	16.6%
	33.2%	57.0%
	29.3%	101.1%
	$9.42	$10.98
	$1,783	$2,690
	56.2%	57.4%
	28.3%	11.2%
	15.5%	31.4%
Vacant Housing
	2.8%	1.9%
	0.5%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	20.5%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	5.1%	2.4%
	3.9%	2.8%
	4.5%	3.9%
	6.5%	4.5%
	17.2%	11.3%
	15.3%	13.0%
	19.8%	20.1%
	14.2%	13.6%
	3.9%	8.3%
	4.6%	9.7%
	2.1%	3.9%
	0.6%	2.2%
	1.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	17.5%	13.6%
	13.4%	13.2%
	18.8%	14.8%
	17.5%	13.6%
	6.9%	10.0%
	3.7%	4.7%
	11.7%	12.2%

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