Home prices
The price of the median home in Oak Point is $274,900. In comparison to the surrounding areas this is approximately $43,320 (18%) higher.It is roughly $57,400 (26%) higher compared to the nation as a whole, and is roughly $86,800 (46%) higher compared to the city of Dallas.
Rents
In Oak Point the median monthly rent is $1,766. It is about $178 (11%) higher compared to the surrounding areas.Compared to the United States as a whole it is roughly $704 (66%) higher, and compared to the city of Dallas is approximately $714 (67%) higher.
Nearby places
Little Elm
Little Elm is Oak Point's neighbor to the east. Real estate prices there are a little less expensive. The median home in Little Elm is valued at $255,200, which works out to $19,700 (7%) lower than Oak Point. Rents there are a bit less expensive. In Little Elm the median rent is $1,660 a month, which comes out to $106 (6%) lower than Oak Point.
Shady Shores
Shady Shores is roughly 2 miles southwest from Oak Point. The housing prices there are a bit more expensive. The median home in Shady Shores costs $297,700, which is $22,800 (7%) higher than Oak Point. Rent there is a little less expensive. In Shady Shores the median rent is $1,500 per month, which is $266 (17%) lower than Oak Point.
Paloma Creek South
Paloma Creek South is approximately 3 miles northeast of Oak Point. Housing prices there are somewhat less expensive. The cost of the median home in Paloma Creek South is $246,100, which is $28,800 (11%) lower than Oak Point. Rent there is pretty similar. The median monthly rent in Paloma Creek South is $1,833, which comes out to $67 (3%) higher than Oak Point.
Lake Dallas
Lake Dallas is approximately 4 miles southwest from Oak Point. Its housing prices are a lot less expensive. Lake Dallas's median home value is $166,100, which comes out to $108,800 (65%) lower than Oak Point. The rent there is a lot less expensive. Lake Dallas's median rent is $1,133 per month, which is $633 (55%) lower than Oak Point.
Paloma Creek
Paloma Creek is roughly 4 miles northeast from Oak Point. Housing prices there are significantly less expensive. Paloma Creek's median home value is $192,800, which works out to $82,100 (42%) lower than Oak Point. The rent there is similar. Paloma Creek's median monthly rent is $1,815, which comes out to $49 (2%) higher than Oak Point.