How much do homes in Oakland, MD cost?

Median List Price

$189,900

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$24,900(+15.1%)

Key Takeaway

The list price of homes in Oakland has increased by 15.1% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 --N/A
2 $165K$134.8K-18.3%
3 $157.4K$180K+14.3%
4 $199K$239.9K+20.6%
5+ $1.3M$279K-79.3%

Median List Price Compared To Nearby Cities

Mountain Lake Park
+33.4%
Oakland
+15.1%

How many homes are available in Oakland, MD?

Number of Homes For Sale

Apr 2021May 2021%
1013+30.0%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 000.0%
2 32-33.3%
3 35+66.7%
4 14+300.0%
5+ 32-33.3%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
195 Days105 Days-46.2%

Breakdown of Home Sale Times

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About Oakland, MD

Oakland, MD has 13 homes for sale to choose from.

In May 2021 median list price was $189,900 and the average listing age was 105 days.

Between April 2021 and May 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 18.3%, 3 bedrooms properties became 14.3% more expensive, the cost of 4 bedrooms properties went up by 20.6%, the cost of 5 bedrooms properties went down by 79.3%.

Between April 2021 and May 2021, Oakland, MD real estate market has seen increase in the number of listings by 30%.

The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went down by 33.3%, volume of 3 bedrooms homes went up by 66.7%, 4 bedrooms homes inventory increased by 300%, number of 5 bedrooms homes decreased by 33.3%.

Over 2 listings were sold over their listed price in May 2021 in Oakland, MD. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.