Median price for residential apartments in Oakland, TN as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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232 Oakland, TN, USA apartments for sale
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Oakland
According to statistics, the population in Oakland, TN amounts to 7,508, which shows growth 3% compared to the previous year. The median age of the city’s residents is 35. The average household income is $74,129, shifting growth 5% from the past year, and the average property value in Oakland, TN decline -4% to $168,400 throughout the year.
| Population | 7,508 |
| Median Age | 35.4 |
| Poverty Rate | 5% |
| Household Income | $74,129 |
| Number Of Employees | 3,909 |
| Median Property Value | $168,400 |
Household Income
The average household income in Oakland, TN grew from $70,893 to $74,129 in the past year. This data is an estimate based upon 2,933 households in Oakland, TN . The chart below presents how household income is distributed in Oakland, TN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Oakland, TN shifted from $175,400 to $168,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Oakland, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Oakland, TN properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Oakland, TN compared to median property taxes around the country. The prevalent amount of property taxes in Oakland, TN equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Oakland, TN, USA
Average apartment sale in Oakland: $375,036 (-0.5%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $124,652 | -0.3% |
| 3-bed apartments | $319,322 | +1.2% |
| 4+ bed apartments | $449,059 | +0.5% |
During Jan 2023, the average price for an apartment in/near Oakland, TN decreased by 0.5% to $375,036.
Knowing the current property prices is key if you plan to buy a studio in Oakland, TN. The average price for a studio has decreased since the last month, currently being $124,652. A 3-bed apartment goes for $319,322, it increased by 1.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.5% and made it up to $449,059.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Other for sale | $110,000 | +0% |
| Lofts for sale | $625,000 | +0% |
| Land for sale | $128,315 | -1.1% |
| Houses for sale | $399,593 | +0.7% |
Price reports demonstrate that house price increased by 0.7% this month making it up to $399,593. The price statistics of lofts have not significantly changed, it now still goes for $625,000. The average price of the land for sale in Oakland, TN has decreased by 1.1%, and now equals $128,315. Other types of properties for sale would cost $110,000 on average. Our data shows that this amount has stayed roughly the same compared to Dec.
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