Home prices
The median home in Oildale is valued at $160,300. Compared to its nearby areas it is roughly $41,600 (20%) lower.In comparison to the country as a whole it is roughly $57,200 (26%) lower, and compared to the city of Bakersfield it is approximately $86,700 (35%) lower.
Rents
The median monthly rent in Oildale is $978. Compared to the surrounding areas this is roughly $53 (5%) higher.In comparison to the country as a whole it is roughly $84 (7%) lower, and is roughly $126 (11%) lower in comparison to the city of Bakersfield.
Nearby places
Greenacres
Greenacres is about 5 miles southwest of Oildale. Its housing prices are somewhat more expensive. Greenacres's median home price is $221,700, which works out to $61,400 (27%) higher than Oildale. The rent there is a bit more expensive. The median monthly rent in Greenacres is $1,183, which works out to $205 (17%) higher than Oildale.
Rosedale
Rosedale is approximately 9 miles west from Oildale. The housing prices there are a lot more expensive. The median home cost in Rosedale is $412,500, which is $252,200 (61%) higher than Oildale. Its rents are a bit less expensive. In Rosedale the median monthly rent is $903, which is $75 (8%) lower than Oildale.
Shafter
Shafter is approximately 9 miles northwest from Oildale. Housing prices there are a bit more expensive. The median home value in Shafter is $175,300, which comes out to $15,000 (8%) higher than Oildale. Its rents are a little less expensive. In Shafter the median rent is $868 a month, which comes out to $110 (12%) lower than Oildale.
Fuller Acres
Fuller Acres is roughly 10 miles southeast from Oildale. Its housing prices are somewhat less expensive. The value of the median home in Fuller Acres is $135,000, which comes out to $25,300 (18%) lower than Oildale. Rents there are a bit less expensive. In Fuller Acres the median rent is $769 per month, which works out to $209 (27%) lower than Oildale.
Mexican Colony
Mexican Colony is roughly 12 miles west from Oildale. The real estate prices there are substantially less expensive. The median home value in Mexican Colony is $65,000, which is $95,300 (146%) lower than Oildale. Its rents are a little less expensive. Mexican Colony's median monthly rent is $903, which works out to $75 (8%) lower than Oildale.
