Oak, NE Foreclosures
How much do homes sell for in Oak, NE?
The average home price is currently $244,969.
In Oak, NE, how many homes are available?
There are currently 2 active home listings available in Oak.
What’s the average rental cost in Oak, NE?
The average rental price in Oak is $1,099.
What is the most expensive home in Oak?
The most expensive home sold in Oak had a price of $3,350,320.
What is currently the cheapest priced home in Oak, NE?
The cheapest home for sale in Oak is priced at $38,547.
Living in Oak, NE
Oak, Nebraska, is a charming small town known for its strong community spirit and welcoming atmosphere. With its scenic landscape and friendly residents, Oak is an ideal place for those seeking a peaceful rural lifestyle. The area boasts local parks, family-owned shops, and seasonal festivals that celebrate the town's rich heritage.
Current Market Conditions in Oak, NE
The real estate market in Oak, NE, is currently experiencing a slight uptick in demand, with home prices stabilizing after recent fluctuations. As more individuals look to relocate from urban areas seeking more space and tranquility, Oak's housing inventory remains attractive due to its affordability and community charm. Buyers can expect a competitive market with a mix of traditional homes and newer constructions available.
Investors and homeowners alike are recognizing the value in Oak, which has led to an influx of renovations and new developments throughout the town. The emerging trend is boosting property values, indicating that Oak is becoming a desirable location for those looking to invest in rural real estate.
Home Value Estimator For Oak, NE
There are currently 67 real estate properties
in Oak, NE,
with a median automated valuation model (AVM) price
of $111,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oak, NE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Oak, NE,
is $244,969.00, with the most expensive house
in Oak, NE, topping out
at $3,350,320.00 and the cheapest home
in Oak, NE,
clocking in at $38,547.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oak, NE!
Rent Prices
In Oak, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oak, NE, is on
a rollercoaster ride. The
average rent price in Oak, NE,
is $1,099.00. Indeed, when looking to rent in
Oak, NE, you can expect to pay as little
as $560.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Oak, NE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
