Oakland, MD Real Estate
According to census data in the year 2000 there were 930 housing units in Oakland.
This represents a 19.7% growth from 777 in 1990.
Of those housing units, 844 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.
Homeownership rate in Oakland is about 52.5%.
Oakland's vacancy rate, including seasonal lodging, is about 15.1%.
Average household size is 2.11 people.
The majority of houses, apartments or condos in Oakland were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||3.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.39|
|Median year structure was built||1956|
|Median Value of occupied units||$88,400|
|Median Price asked for vacant units||$45,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.8|
|Median year structure was built||1958|
|Median Monthly Rent asked for vacant units||$240|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.4%|