Oak Hill Real Estate Market Continues Upward Trend in Price Cuts

The number of sellers reducing prices in the Oak Hill market trended up to 24 over the last 30 days, extending a three-week streak. During the same period, 10 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $545,284 over the latest reporting period for Oak Hill, down from $559,750.

For the best bang for your buck, check out these listings that recently had significant price cuts in Oak Hill:

$850K   $925K   $675K  

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

Demographic facts for Oak Hill:

  • The median value of all homes is $428,200.
  • The area gets an average of 119 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 7.3%.
  • The students per teacher ratio in this area is 19.2:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

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Fridrich & Clark Realty
Snapped 1 home in this area
Fridrich & Clark Realty
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SilverPointe Properties
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