The South Oakland housing market is very competitive. The median sale price of a home in South Oakland was $170K last month, up 44.7% since last year. The median sale price per square foot in South Oakland is $51, down 33.8% since last year.
What is the housing market like in South Oakland today?
In October 2024, South Oakland home prices were up 44.7% compared to last year, selling for a median price of $170K. On average, homes in South Oakland sell after 37 days on the market compared to 4 days last year. There were 3 homes sold in October this year, down from 7 last year.
$185K
Sale Price
-14.7% since last year
$51
Sale $/Sq. Ft.
-33.8% since last year
Over List Price
3.8%
Days on Market
42
Down Payment
—
Total Homes Sold
1
To compare other locations to the South Oakland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Bloomington add value to a home.
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How hot is the South Oakland housing market?
South Oakland is very competitive. Homes sell in 42 days.
0
100
75
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 12 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 42 days.
Hot homes
can sell for about 5% above list price and go pending in around 36 days.
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Climate's impact on South Oakland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Oakland.
Flood Factor - Minor
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Oakland has a minor risk of flooding. 47 properties in South Oakland are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in South Oakland. 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
South Oakland has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Oakland is most at risk from hurricanes. 439 properties in South Oakland 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 44 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.