Oakmont's January First-Time Homebuyer Report

The population of Oakmont is ranked 29th in terms of wealth in Glendale with a median income of $79,231 per household. It's also considered a very expensive neighborhood in terms of affordability with a cost of living adjustment score of 188.0. Homes in Oakmont are older than most with a median age of 56 years.

Price Range

The median value of homes in Oakmont is $696,800, making it one of the most valuable areas in Glendale. At the same time, the average list price of available homes is presently $1,348,385. The number of homes coming into the Oakmont market jumped to three listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period.

Curious as to which homes have been getting the most attention in Oakmont? These listings have stirred up interest and produced the most views:

$1.5M   $1.6M   $1.5M  

Typical Dwelling

A three-bedroom detached home valued around $998,001 is considered a typical dwelling in Oakmont. If a buyer was looking for a similar home, they would need good credit and a $199,600 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $4,282 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Keller Williams Realty
Snapped 1 home in this area
Podley Properties
Snapped 1 home in this area

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