Oakland, NJ Housing Market
The Oakland housing market is somewhat competitive. The median sale price of a home in Oakland was $650K last month, up 4.7% since last year. The median sale price per square foot in Oakland is $384, up 4.6% since last year.
Oakland Housing Market Trends
In April 2024, Oakland home prices were up 4.7% compared to last year, selling for a median price of $650K. On average, homes in Oakland sell after 46 days on the market compared to 65 days last year. There were 6 homes sold in April this year, down from 9 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Oakland housing market?
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
- Some homes get multiple offers.
- The average homes sell for about 5% above list price and go pending in around 55 days.
- Hot homescan sell for about 10% above list price and go pending in around 20 days.
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
- Some homes get multiple offers.
- The average homes sell for about 2% above list price and go pending in around 71 days.
- Hot homescan sell for about 7% above list price and go pending in around 37 days.
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 4% above list price and go pending in around 20 days.
- Hot homescan sell for about 10% above list price and go pending in around 14 days.
Oakland Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Oakland from outside metros.
- Peoria homebuyers searched to move into Oakland more than any other metro followed by Walla Walla and Lincoln.
- 69% of Oakland homebuyers searched to stay within the Oakland metropolitan area.
- Miami was the most popular destination among Oakland homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 5 | ||
2 | 5 | ||
3 | 3 | ||
4 | 1 | ||
5 | 1 | ||
6 | 1 | ||
7 | 0 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 6,427 | ||
2 | 4,068 | ||
3 | 3,393 | ||
4 | 3,037 | ||
5 | 2,791 | ||
6 | 2,083 | ||
7 | 1,825 | ||
8 | 1,664 | ||
9 | 1,615 | ||
10 | 1,436 |
Home offer insights for Oakland
Recent offers
View houses in Oakland that sold recently
Recently sold homes
- $905,000 Last Sold Price3 beds3 baths3,000 sq ft8 Timberline Ln, Oakland, NJ 07436Terrie O'Connor Realtors-Wyckoff Keller Williams ProsperityList Price$819,900Sale to List10% over listDays on Market48 days8 Timberline Ln, Oakland, NJ 07436
- $780,000 Last Sold Price3 beds2.5 baths—sq ft35 Winding Rdg, Oakland, NJ 07436Keller Williams Village Square Realty - Wyckoff Keller Williams Village Square RealtyList Price$699,000Sale to List12% over listDays on Market70 days35 Winding Rdg, Oakland, NJ 07436
- $699,000 Last Sold Price3 beds2 baths—sq ft170 Page Dr, Oakland, NJ 07436Giaccio Signature Properties, LLC Mission Realty LLCList Price$699,000Sale to List0% over listDays on Market125 days170 Page Dr, Oakland, NJ 07436
- $405,000 Last Sold Price4 beds1.5 baths—sq ft55 Seminole Ave, Oakland, NJ 07436Coldwell Banker, Fort Lee RE/MAX SELECT - OaklandList Price$459,000Sale to List12% under listDays on Market179 days55 Seminole Ave, Oakland, NJ 07436
- $784,000 Last Sold Price3 beds2.5 baths—sq ft4 Chuckanutt Dr, Oakland, NJ 07436Christie's International Real Estate Group-Mahwah/Saddle River Regional Office Keller Williams Prosperity RealtyList Price$725,000Sale to List8% over listDays on Market76 days4 Chuckanutt Dr, Oakland, NJ 07436
- $100,000—beds—baths—sq ftW Oakland Ave, Oakland, NJ 07436List Price—Sale to List—Days on Market—W Oakland Ave, Oakland, NJ 07436
- $551,250—beds—baths1,734 sq ft11 Lakeshore Dr, Oakland, NJ 07436List Price—Sale to List—Days on Market—11 Lakeshore Dr, Oakland, NJ 07436
- $615,000 Last Sold Price4 beds1.5 baths—sq ft29 Andrew Ave, Oakland, NJ 07436Coldwell Banker, Wayne Keller Williams Valley RealtyList Price$548,000Sale to List12% over listDays on Market51 days29 Andrew Ave, Oakland, NJ 07436
See all recently sold homes in Oakland.
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Schools in Oakland
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Manito Elementary School Public • K-5 | 276 Students | 11 reviews |
8/10 Colonial Road School Public • PreK-5 | 238 Students | 2 reviews |
6/10 Heights Elementary School Public • PreK-5 | 359 Students | 3 reviews |
5/10 Dogwood Hill Elementary School Public • K-5 | 245 Students | 3 reviews |
Climate's impact on Oakland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Oakland.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Oakland
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