The Oakland Mills housing market is very competitive. The median sale price of a home in Oakland Mills was $460K last month, up 15.7% since last year. The median sale price per square foot in Oakland Mills is $279, up 9.8% since last year.
What is the housing market like in Oakland Mills today?
In April 2024, Oakland Mills home prices were up 15.7% compared to last year, selling for a median price of $460K. On average, homes in Oakland Mills sell after 13 days on the market compared to 26 days last year. There were 21 homes sold in April this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$460,000
+15.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Oakland Mills, MD
$460,000
+15.7%
United States
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How hot is the Oakland Mills housing market?
Oakland Mills is very competitive. Homes sell in 12 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 12 days.
Hot homes
can sell for about 6% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oakland Mills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakland Mills.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakland Mills has a moderate risk of flooding. 185 properties in Oakland Mills are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Oakland Mills. Flood risk is increasing slower than the national average.
50% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oakland Mills has a moderate risk of wildfire. There are 1,339 properties in Oakland Mills that have some risk of being affected by wildfire over the next 30 years. This represents 50% of all properties in Oakland Mills.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Oakland Mills has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oakland Mills is most at risk from hurricanes. 2,647 properties in Oakland Mills have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 74 mph.