Oakland, ME Home Values & Market Trends
Real estate market trends reflect that there have been 91 transactions over the past year in Oakland. The median value for residential home transactions that occurred over the previous year is $304,459.04. The number of current listings in Oakland is 3, and the percentage of properties for sale in the city is 3.00%. Oakland, ME currently has 6 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 3 properties for sale.
Oakland, ME Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 04963 | $ 215,648 $ 142/sqft |
Housing Market Summary for Oakland, ME
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $359K | $287K | -20.05% |
| Median Sold Price | $292K | $287K | -1.71% |
| Homes For Sale | 1 | 3 | 200.00% |
| Homes Sold | 33 | 49 | 48.48% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Oakland, ME
Browse Homes in Oakland, ME
Oakland home values range from $29,688 to $3,180,600. The median estimated value of a home in Oakland is $304,459.04. The median list price of a home is 229,900, and the total count of properties in the city is 2,805.
- Pre-ForeclosurePre-foreclosure homes account for 0.18% of all residential properties in Oakland, ME with 04963 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Oakland, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $609,917 in 04963 to the lowest home value of $215,648 in 04963.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Oakland, ME ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Oakland, ME. There is 1 zips within Oakland, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions04963 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Oakland, ME. Auction homes and other auction properties account for 0.04% of all properties in Oakland, ME. There is 1 zips within Oakland, ME; of that zips, the median estimated home value for homes going to auction ranges from $245,582 in 04963 to the lowest value of $245,582 in 04963.
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More Real Estate Resources for Oakland, ME
Guide for Oakland, ME
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
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