Oakfield, TN is a small city in Tennessee with a median housing value of $183,200. This is significantly lower than the US median housing value of $338,100. However, despite the lower value, Oakfield has seen an impressive annual house appreciation rate of 19.25%, which is more than double the US appreciation rate of 8.27%. This suggests that Oakfield may be a viable option for people looking to invest in real estate as it offers potentially greater returns than other parts of the country.
The median home cost in Oakfield (zip 38362) is $183,200. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Oakfield (zip 38362) is up 24.9%.
Average Age of Homes
- The median age of Oakfield (zip 38362) real estate is 34 years old
The Rental Market in Oakfield (zip 38362)
- Renters make up 11.7% of the Oakfield (zip 38362) population
- 0.0% of houses and apartments in Oakfield (zip 38362), 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.