Oakdale, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Oakdale Neighborhoods Since 2000




Oakdale, PA Real Estate Data


Oakdale Housing Market Information

With a population of 1,470, 617 total housing units (homes and apartments), and a median house value of $118,353, house prices in Oakdale are solidly below the national average.

Single-family detached homes are the single most common housing type in Oakdale, accounting for 83.41% of the borough's housing units. Other types of housing that are prevalent in Oakdale include duplexes, homes converted to apartments or other small apartment buildings ( 7.84%), large apartment complexes or high rise apartments ( 5.58%), and a few row houses and other attached homes ( 1.81%).

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 82.50% of Oakdale's homes, and 68.17% have either three or four bedrooms, which is average sized relative to America.

The housing in Oakdale was primarily built before 1939 ( 39.67%), making the housing stock in Oakdale some of the oldest overall in America, although there is a range of ages of homes in Oakdale. The next most important housing age is between 1940-1969 ( 32.58%), followed by between 1970-1999 ( 25.94%). There's also some housing in Oakdale built between 2000 and later ( 1.81%).

Oakdale Home Appreciation Rates

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 11.44%, which ranks in the top 40% nationwide. This equates to an annual average Oakdale house appreciation rate of 1.09%.

Over the last year, Oakdale appreciation rates have trailed the rest of the nation. In the last twelve months, Oakdale's appreciation rate has been 2.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Oakdale were at 2.53%, which equates to an annual appreciation rate of 10.50%.

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

Average Home Values

 

Median Home Value:
$118,353

Oakdale, PA HOME PRICES

Value Range
> $1,117,000 0.0
$837,001 - $1,117,000 0.0
$558,001 - $837,000 0.0
$447,001 - $558,000 0.0
$335,001 - $447,000 0.4
$223,001 - $335,000 2.0
$112,001 - $223,000 51.9
$56,001 - $112,000 37.3
$0 - $56,000 8.4

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
67.3566785735199 65.9903381642512

Number Of Homes And Apartments:
617

Rent & Ownership

 

Average Market Rent:
$902 / per month

Homeownership Rate

Homeownership
Owners 82.50
Renters 17.50
Vacant 6.94

Housing Market Details

 

Age of Homes

AGE OF Oakdale HOMES
2000 or Newer 1.8
1970 - 1999 25.9
1940 - 1969 32.6
1939 or Older 39.7

Types of Homes

TYPE OF Oakdale HOMES
Single-Family 83.4
Townhomes 1.8
Small Apt. Buildings 7.8
Apt. Complexes 5.6
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Oakdale HOMES
No Bedroom 0.90
1 Bedroom 7.99
2 Bedrooms 21.87
3 Bedrooms 60.78
4 Bedrooms 7.39
5 or more bedrooms 1.06

Oakdale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
34.72% 1.77% 3 4
* 10 is highest