Oakland, MS has an impressive median value of housing at $111,300. This is significantly lower than the US house median value of $338,100. Additionally, the US 1 year house appreciation rate is 8.27%, while Oakland's stands at 12.50%. This means that homes in Oakland have appreciated faster than the US median over the last year, making it a desirable location for potential homeowners.
The median home cost in Oakland (zip 38948) is $111,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Oakland (zip 38948) is up 14.5%.
Average Age of Homes
- The median age of Oakland (zip 38948) real estate is 32 years old
The Rental Market in Oakland (zip 38948)
- Renters make up 8.0% of the Oakland (zip 38948) population
- 1.8% of houses and apartments in Oakland (zip 38948), 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.