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Preforeclosure Homes in Oakland, MD

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Oakland, MD Foreclosures

How much do homes sell for in Oakland, MD?
The average home price is currently $418,371.
In Oakland, MD, how many homes are available?
There are currently 11 active home listings available in Oakland.
What’s the average rental cost in Oakland, MD?
The average rental price in Oakland is $1,490.
What is the most expensive home in Oakland?
The most expensive home sold in Oakland had a price of $12,676,183.
What is currently the cheapest priced home in Oakland, MD?
The cheapest home for sale in Oakland is priced at $10,505.

Living in Oakland, MD

Oakland, MD, offers a quaint small-town atmosphere with rich historical roots and beautiful surroundings. The community is ideal for those who love nature, outdoor activities, and a tight-knit neighborhood feel. Residents enjoy access to excellent schools and local amenities, making it a prime location for families and individuals alike.

Current Market Conditions in Oakland, MD

Oakland's real estate market has seen an increase in demand over the past few months as more people seek to escape urban living for the tranquility of a small town. The combination of attractive prices and a scenic environment has drawn the attention of both first-time homebuyers and those looking for vacation properties.

Currently, the market is competitive, with listing prices gradually rising and properties averaging just under three months on the market, indicating a seller's market. New developments and improvements in local infrastructure are expected to bolster property values further.

Home Value Estimator For Oakland, MD

There are currently 7,412 real estate properties in Oakland, MD, with a median automated valuation model (AVM) price of $240,662.00. 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, MD, 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, MD, is $418,371.00, with the most expensive house in Oakland, MD, topping out at $12,676,183.00 and the cheapest home in Oakland, MD, clocking in at $10,505.00. In other words, there’s something for every potential homebuyer or savvy investor in Oakland, MD!

Rent Prices In Oakland, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oakland, MD, is on a rollercoaster ride. The average rent price in Oakland, MD, is $1,490.00. Indeed, when looking to rent in Oakland, MD, you can expect to pay as little as $560.00 or as much as $2,800.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Oakland, MD -- 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.

Oakland, MD Preforeclosure Homes


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