What is the housing market like in Oakland Terrace today?
In October 2024, Oakland Terrace home prices were up 47.6% compared to last year, selling for a median price of $250K. On average, homes in Oakland Terrace sell after 40 days on the market compared to 132 days last year. There were 2 homes sold in October this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$249,500
+47.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Oakland Terrace, FL
$249,500
+47.6%
United States
To compare other locations to the Oakland Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Panama City add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Oakland Terrace housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.1%
+2.6 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Oakland Terrace School For the Visual And Performing Arts
Public • PreK-5
328
Students
1 reviews
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 Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakland Terrace.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakland Terrace has a minor risk of flooding. 9 properties in Oakland Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Oakland Terrace. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oakland Terrace has a minor risk of wildfire. There are 7 properties in Oakland Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Oakland Terrace.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Oakland Terrace has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oakland Terrace is most at risk from hurricanes. 578 properties in Oakland Terrace 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 159 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 168 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Oakland Terrace has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Oakland Terrace have an Extreme Heat Factor®.
Oakland Terrace is expected to see a 185% increase in the number of days over 106ºF over the next 30 years. Oakland Terrace is expected to experience 6