Oakland, KY Foreclosures
How much do homes sell for in Oakland, KY?
The average home price is currently $332,548.
In Oakland, KY, how many homes are available?
There are currently 3 active home listings available in Oakland.
What’s the average rental cost in Oakland, KY?
The average rental price in Oakland is $1,135.
What is the most expensive home in Oakland?
The most expensive home sold in Oakland had a price of $2,635,207.
What is currently the cheapest priced home in Oakland, KY?
The cheapest home for sale in Oakland is priced at $26,310.
Living in Oakland, KY
Oakland, KY is a picturesque small town known for its community spirit and family-friendly atmosphere. With beautiful landscapes and ample outdoor activities, it offers a peaceful lifestyle while being just a short drive from larger urban amenities. The area features reputable schools, local businesses, and a supportive community, making it an ideal location for families and individuals alike.
Current Market Conditions in Oakland, KY
The real estate market in Oakland, KY has been steadily growing, driven by an increase in demand for single-family homes in serene, rural environments. Buyers are attracted by the affordable housing prices relative to nearby urban areas, leading to a competitive market where homes often sell quickly.
Recent statistics show that home values have appreciated by about 5% in the last year, reflecting a growing interest in the area. With the cost of living remaining relatively low, many are finding Oakland to be an attractive alternative to busier cities. An increase in interstate connectivity and local business development is also contributing to the overall positive trend in the market.
Home Value Estimator For Oakland, KY
There are currently 541 real estate properties
in Oakland, KY,
with a median automated valuation model (AVM) price
of $266,336.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oakland, KY, 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 Oakland, KY,
is $332,548.00, with the most expensive house
in Oakland, KY, topping out
at $2,635,207.00 and the cheapest home
in Oakland, KY,
clocking in at $26,310.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oakland, KY!
Rent Prices
In Oakland, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oakland, KY, is on
a rollercoaster ride. The
average rent price in Oakland, KY,
is $1,135.00. Indeed, when looking to rent in
Oakland, KY, you can expect to pay as little
as $590.00 or as much
as $2,330.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Oakland, KY
-- 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.
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