Living in Oaks, PA
Oaks, PA, is a family-oriented suburb known for its excellent schools, parks, and recreational activities. It offers a peaceful lifestyle with convenient access to nearby urban amenities. With various dining and shopping options, it’s an ideal place for families and investors alike.
Current Market Conditions in Oaks, PA
The real estate market in Oaks, PA, is seeing a steady increase in demand, driven by its appealing suburban lifestyle and proximity to Philadelphia. Housing prices have been on an upward trend, attracting both first-time homebuyers and real estate investors.
Currently, there is a shortage of affordable housing options, leading to competitive bidding scenarios for desirable properties. This makes Oaks an attractive location for investment as property values are expected to continue appreciating.
Home Value Estimator For Oaks, PA
There are currently 19 real estate properties
in Oaks, PA,
with a median automated valuation model (AVM) price
of $515,965.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oaks, PA, 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 Oaks, PA,
is $537,281.00, with the most expensive house
in Oaks, PA, topping out
at $1,259,184.00 and the cheapest home
in Oaks, PA,
clocking in at $101,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oaks, PA!
Rent Prices
In Oaks, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oaks, PA, is on
a rollercoaster ride. The
average rent price in Oaks, PA,
is $1,828.00. Indeed, when looking to rent in
Oaks, PA, you can expect to pay as little
as $1,100.00 or as much
as $2,390.00,
with the average rent median estimated to
be $1,810.00. The good news is that finding
an affordable and desirable property to rent in Oaks, PA
-- 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
