There are currently 10,909 real estate properties in Oakland Park, FL, with a median automated valuation model (AVM) price of $376,000.00. 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 Park, FL, 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 Park, FL, is $426,068.00, with the most expensive house in Oakland Park, FL, topping out at $9,719,200.00 and the cheapest home in Oakland Park, FL, clocking in at $56,370.00. In other words, there’s something for every potential homebuyer or savvy investor in Oakland Park, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oakland Park, FL, is on a rollercoaster ride. The average rent price in Oakland Park, FL, is $1,621.00. Indeed, when looking to rent in Oakland Park, FL, you can expect to pay as little as $770.00 or as much as $4,620.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Oakland Park, FL -- 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 Park is located in Broward, Florida, with an estimated municipal population of 45,202 residents. All of the best foreclosed homes for sale in Oakland Park are located in the following zip code areas on Foreclosure.com: 33306 33309 33334 33311 33310 33335. The estimated population per square kilometer (.62 miles) in Oakland Park is 2,318.
So, about how much do homes cost in Oakland Park? The most recent median value of resident-owned homes in Oakland Park is 213,297. An estimated 52.6 percent of households in Oakland Park own their homes, with an average family size of 3.49. The median household income in Oakland Park is 51,377, with19.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oakland Park, the median commute time of resident workers (in minutes) is 26.6. And last, but certainly not least, are you looking for homes to rent in Oakland Park? If so, the average rent price paid by renters in Oakland Park is 1,224, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Oakland Park, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Oakland Park is 41, split between 53.7 percent male versus 46.3 female. The percentage of residents who report being married in Oakland Park is 36.3, with an average family size of 3.49.
The percentage of residents who report their race in Oakland Park is as follows:
| White | 58.1% |
| Black / African American | 27.4% |
| Asian | 3.8% |
| American Indian / Alaskan Native | 0.5% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 6.1% |
| Other | 4.1% |
Looking for family-friendly neighborhoods in and/or near Oakland Park? Or maybe you are searching for 55+ active adult communities in and/or near Oakland Park?
The percentage of residents who report their age in Oakland Park is as follows:
| Under 10 | 10.9% |
| Aged 10-19 | 9.4% |
| 20s | 13% |
| 30s | 15.4% |
| 40s | 15.7% |
| 50s | 15.7% |
| 60s | 12.4% |
| 70s | 5.3% |
| 80+ | 2.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Oakland Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oakland Park.
How do you know that living in -- or moving to -- Oakland Park is right where you need to be? Perhaps you grew up in Oakland Park or already live nearby; therefore, the decision to buy a home in Oakland Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oakland Park for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Oakland Park:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oakland Park.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oakland Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oakland Park, meanwhile, can field multiple offers from more qualified buyers.
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