The Oakwood Place housing market is not very competitive. The median sale price of a home in Oakwood Place was $70K last month, up 102.9% since last year. The median sale price per square foot in Oakwood Place is $47, up 20.3% since last year.
What is the housing market like in Oakwood Place today?
In March 2024, Oakwood Place home prices were up 102.9% compared to last year, selling for a median price of $70K. On average, homes in Oakwood Place sell after 32 days on the market compared to 85 days last year. There were 7 homes sold in March this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$70,000
+102.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Oakwood Place, AL
$70,000
+102.9%
United States
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How hot is the Oakwood Place housing market?
Oakwood Place is not very competitive. Homes sell in 48.5 days.
0
100
24
Not 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
Multiple offers are rare.
The average homes sell for about 10% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 30 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 Oakwood Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakwood Place.
Risk Factor
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakwood Place has a minor risk of flooding. 52 properties in Oakwood Place are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Oakwood Place. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oakwood Place has a minor risk of wildfire. There are 71 properties in Oakwood Place that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in Oakwood Place.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Oakwood Place has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oakwood Place is most at risk from hurricanes. 1,732 properties in Oakwood Place 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.