Home prices
The cost of the median home in Oakwood is $71,900. In comparison to other places in this area it is about $17,560 (19%) lower.It is about $145,600 (66%) lower compared to the nation as a whole, and in comparison to the city of Waco it is approximately $53,400 (42%) lower.
Rents
In Oakwood the median monthly rent is $865. This is about $147 (20%) higher compared to nearby areas.Compared to the country as a whole it is roughly $197 (18%) lower, and compared to the city of Waco it is is very similar.
Nearby places
Elkhart
Elkhart is about 14 miles east of Oakwood. Its real estate prices are a bit more expensive. The median home in Elkhart is valued at $87,800, which comes out to $15,900 (18%) higher than Oakwood. The rent there is a little less expensive. Elkhart's median monthly rent is $705, which works out to $160 (22%) lower than Oakwood.
Buffalo
Buffalo is approximately 14 miles southwest from Oakwood. Its real estate prices are a bit more expensive. The median home in Buffalo is valued at $91,700, which is $19,800 (21%) higher than Oakwood. Rent there is significantly less expensive. The median monthly rent in Buffalo is $646, which is $219 (33%) lower than Oakwood.
Palestine
Palestine is approximately 16 miles northeast from Oakwood. Housing prices there are a little more expensive. Palestine's median home value is $99,400, which comes out to $27,500 (27%) higher than Oakwood. Its rents are a bit less expensive. The median monthly rent in Palestine is $774, which works out to $91 (11%) lower than Oakwood.
Fairfield
Fairfield is approximately 19 miles northwest from Oakwood. The housing prices there are a little more expensive. The median home in Fairfield is valued at $101,400, which comes out to $29,500 (29%) higher than Oakwood. Its rents are a little less expensive. The median rent in Fairfield is $793 a month, which comes out to $72 (9%) lower than Oakwood.
Grapeland
Grapeland is approximately 20 miles east of Oakwood. Its housing prices are somewhat less expensive. The median home in Grapeland is valued at $67,000, which works out to $4,900 (7%) lower than Oakwood. Rent there is a little less expensive. In Grapeland the median monthly rent is $674, which comes out to $191 (28%) lower than Oakwood.