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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 44,688 people, 13,036 houses or apartments, and a median cost of homes of $731,733, 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 90.72% of the city's housing units. Other types of housing that are prevalent in Oakley include large apartment complexes or high rise apartments ( 3.77%), row houses and other attached homes ( 2.43%), and a few mobile homes or trailers ( 2.28%).
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 77.63% of Oakley's homes, and 77.03% 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 ( 38.36%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.42%). There's also some housing in Oakley built before 1939 ( 1.14%).
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 130.51% over the last ten years, which is an average annual home appreciation rate of 8.71%, putting Oakley in the top 20% 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 -0.46%, 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 -2.14%, which equates to an annual appreciation rate of -8.28%.
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.
$731,733
for California
for nation
13,036
$3,660 / per month