October's First-Time Homebuyer Report for Oak Valley

Oak Valley is a smaller-than-average city in Texas that has seen a 16.1% increase in population over the last 10 years. It also has a total population of 368. Homes in Oak Valley are relatively old with a median age of 32 years. Heading the list of top schools in the city is Corsicana H Igh School.

Price Range

Home values in Oak Valley are generally in line with others in the state with a median home value of $77,400 and an average list price of $143,031. With one home sold in the Oak Valley market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with one new listing for buyers to choose from.

Typical Dwelling

A three-bedroom detached home valued around $129,300 is considered a typical dwelling in Oak Valley. If a buyer was looking for a similar home, they would need good credit and a $25,860 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $492 and the property tax rate is $14.22 per $1,000 of taxable assessed value.

Get started right now by checking out Oak Valley homes for sale or reviewing Oak Valley real estate trends.


Data reported through 10/13/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.