In October 2024, Oakbay home prices were down 38.4% compared to last year, selling for a median price of $1.0M.
$1.5M
Sale Price
$291
Sale $/Sq. Ft.
Under List Price
11.5%
Days on Market
15
Down Payment
—
Total Homes Sold
1
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Climate's impact on Oakbay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakbay.
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakbay has a minor risk of flooding. 27 properties in Oakbay are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Oakbay. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Oakbay has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oakbay is most at risk from hurricanes. 185 properties in Oakbay 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 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.