Median real estate price in the Town Center of Oakland is $174,347, which is less expensive than 83.8% of Maryland neighborhoods and 54.1% of all U.S. neighborhoods.
The average rental price in Oakland Town Center is currently $887, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.3% of Maryland neighborhoods.
Oakland Town Center is a rural neighborhood (based on population density) located in Oakland, Maryland.
Real estate in the Town Center of Oakland, MD is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Oakland Town Center. The current real estate vacancy rate here is 23.6%. This is higher than the rate of vacancies in 89.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (13.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.