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Real Estate Prices & Overview

Oasis West median real estate price is $531,970, which is more expensive than 70.2% of the neighborhoods in Florida and 72.0% of the neighborhoods in the U.S.

The average rental price in Oasis West is currently $3,682, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.8% of the neighborhoods in Florida.

Oasis West is an urban neighborhood (based on population density) located in Homestead, Florida.

Oasis West real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Oasis West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Oasis West, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.2% of all neighborhoods in the U.S. This means that the housing supply in Oasis West is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

With 3.5% of employed workers living in the Oasis West neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Oasis West neighborhood. A whopping 66.3% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.1% of the neighborhoods in the U.S. Everything here just feels new.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Oasis West neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 14.3% executive lifestyle neighborhoods in the state of Florida.

Diversity

Did you know that the Oasis West neighborhood has more South American and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.5% of this neighborhood's residents have South American ancestry and 13.9% have Cuban ancestry.

Oasis West is also pretty special linguistically. Significantly, 4.4% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Oasis West neighborhood in Homestead are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.8% of the neighborhoods in America. With 11.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.4% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Oasis West neighborhood, 50.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 19.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.3%), and 13.2% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Oasis West neighborhood is English, spoken by 52.5% of households. Other important languages spoken here include Spanish, Arabic and Portuguese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Oasis West neighborhood in Homestead, FL, residents most commonly identify their ethnicity or ancestry as South American (19.5%). There are also a number of people of Cuban ancestry (13.9%), and residents who report Puerto Rican roots (8.4%), and some of the residents are also of German ancestry (7.3%), along with some Mexican ancestry residents (6.9%), among others. In addition, 29.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Oasis West neighborhood spend between 30 and 45 minutes commuting one-way to work (24.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (15.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
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Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
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Crime includes:
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Schools include:
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