Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,430 people, 2,761 houses or apartments, and a median cost of homes of $698,923, real estate costs in Oakdale are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.
Single-family detached homes are the single most common housing type in Oakdale, accounting for 67.86% of the town's housing units. Other types of housing that are prevalent in Oakdale include large apartment complexes or high rise apartments ( 20.46%), row houses and other attached homes ( 6.69%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.99%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oakdale. Owner-occupied housing accounts for 80.67% of Oakdale's homes, and 62.09% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Oakdale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oakdale built between 1940-1969 ( 43.82%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.18%). There's also some housing in Oakdale built before 1939 ( 5.26%).
Appreciation rates for homes in Oakdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.48%, which ranks in the top 50% nationwide. This equates to an annual average Oakdale house appreciation rate of 6.82%.
Appreciation rates are so strong in Oakdale that despite a nationwide downturn in the housing market, Oakdale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oakdale appreciation rates continue to be some of the highest in America, at 5.86%, which is higher than appreciation rates in 86.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oakdale. Oakdale appreciation rates in the latest quarter were at 0.46%, which equates to an annual appreciation rate of 1.86%.
Relative to New York, our data show that Oakdale's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.
$698,923
for New york
for nation
2,761
$4,245 / per month