Home prices
The median home in Oakland costs $185,800. Compared to its nearby areas it is approximately $11,400 (6%) higher.Compared to the rest of the country it is roughly $31,700 (14%) lower, and is approximately $84,000 (82%) higher compared to the city of Memphis.
Rents
In Oakland the median monthly rent is $1,502. In comparison to its nearby areas it is roughly $503 (50%) higher.Compared to the United States as a whole it is about $440 (41%) higher, and is roughly $601 (66%) higher compared to the city of Memphis.
Nearby places
Arlington
Arlington is about 6 miles west from Oakland. The real estate prices there are a little more expensive. The cost of the median home in Arlington is $238,500, which comes out to $52,700 (22%) higher than Oakland. Rent there is somewhat more expensive. Arlington's median monthly rent is $1,801, which is $299 (16%) higher than Oakland.
Somerville
Somerville is approximately 7 miles east from Oakland. The real estate prices there are a little less expensive. The median home price in Somerville is $164,200, which is $21,600 (13%) lower than Oakland. Its rents are a lot less expensive. Somerville's median rent is $548 a month, which is $954 (174%) lower than Oakland.
Gallaway
Gallaway is about 8 miles northwest from Oakland. Real estate prices there are a lot less expensive. The cost of the median home in Gallaway is $112,500, which is $73,300 (65%) lower than Oakland. The rent there is substantially less expensive. Gallaway's median rent is $498 a month, which works out to $1,004 (201%) lower than Oakland.
Williston
Williston is roughly 9 miles southeast from Oakland. The real estate prices there are substantially less expensive. The median home in Williston is valued at $99,400, which is $86,400 (86%) lower than Oakland. Its rents are substantially less expensive. Williston's median rent is $950 a month, which is $552 (58%) lower than Oakland.
Lakeland
Lakeland is about 9 miles west from Oakland. The housing prices there are somewhat more expensive. The cost of the median home in Lakeland is $257,400, which is $71,600 (27%) higher than Oakland. Rent there is a little less expensive. Lakeland's median monthly rent is $1,200, which works out to $302 (25%) lower than Oakland.
