Oakley, CA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Oakley, CA Housing Market Trends

With 42,543 people, 11,778 houses or apartments, and a median cost of homes of $518,628, real estate costs in Oakley are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Oakley, accounting for 88.39% of the city's housing units. Other types of housing that are prevalent in Oakley include large apartment complexes or high rise apartments ( 5.94%), mobile homes or trailers ( 4.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oakley. Owner-occupied housing accounts for 76.06% of Oakley's homes, and 74.35% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Oakley 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 Oakley built between 2000 and later ( 36.19%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.32%).

Oakley Home Appreciation Rates

In the last 10 years, Oakley has experienced some of the highest home appreciation rates of any community in the nation. Oakley real estate appreciated 117.47% over the last ten years, which is an average annual home appreciation rate of 8.08%, putting Oakley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oakley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Oakley appreciation rates have trailed the rest of the nation. In the last twelve months, Oakley's appreciation rate has been 0.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Oakley were at 0.43%, which equates to an annual appreciation rate of 1.75%.

Notably, Oakley's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Oakley's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Oakley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oakley - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oakley real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$518,628

Oakley, CA HOME PRICES

> $1,150,000
1.1%
1.1%
$863,001 - $1,150,000
1.8%
1.8%
$575,001 - $863,000
25.2%
25.2%
$460,001 - $575,000
30.1%
30.1%
$345,001 - $460,000
25.9%
25.9%
$230,001 - $345,000
10.5%
10.5%
$115,001 - $230,000
2.6%
2.6%
$58,001 - $115,000
0.8%
0.8%
$0 - $58,000
2.0%
2.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CA

Value Relative To Nation

Number Of Homes And Apartments:
11,778

Oakley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
93.65% 3.20%
2
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,959 / per month

Homeownership Rate

Owners
76.1%
76.1%
Renters
23.9%
23.9%
Vacant
2.6%
2.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
36.2%
36.2%
1970 - 1999
54.7%
54.7%
1940 - 1969
8.3%
8.3%
1939 or Older
0.8%
0.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
88.4%
88.4%
Townhomes
0.4%
0.4%
Small Apt. Buildings
1.0%
1.0%
Apt. Complexes
5.9%
5.9%
Mobile Homes
4.2%
4.2%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.5%
0.5%
1 Bedroom
5.1%
5.1%
2 Bedrooms
7.1%
7.1%
3 Bedrooms
41.0%
41.0%
4 Bedrooms
33.3%
33.3%
5 or more bedrooms
13.0%
13.0%
0.0% 100.0%
% OF HOMES