The housing market in Oakland, TN (38060) is on the rise. The median value of houses in the area is $332,500, which is just slightly lower than the US House Median Value of $338,100. However, Oakland has outperformed the US over the past year with a house appreciation rate of 15.27%, nearly double that of the US rate of 8.27%. This strong appreciation indicates that Oakland’s housing market is growing in popularity and may be an attractive destination for those looking to invest in real estate.
The median home cost in Oakland (zip 38060) is $332,500. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Oakland (zip 38060) is up 20.2%.
Average Age of Homes
- The median age of Oakland (zip 38060) real estate is 16 years old
The Rental Market in Oakland (zip 38060)
- Renters make up 10.2% of the Oakland (zip 38060) population
- 0.0% of houses and apartments in Oakland (zip 38060), 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.