Oakland, CA Real Estate
According to census data in the year 2000 there were 157,505 housing units in Oakland.
This represents a 1.8% growth from 154,737 in 1990.
Of those housing units, 157,453 were located in either urbanized areas or urban clusters, and 52 were located in what is classified as a rural area.
Homeownership rate in Oakland is about 41.4%.
Oakland's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Oakland were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 12.20% |
| One Bedroom | 27% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 21.10% |
| Four Bedrooms | 6.90% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $235,500 |
| Median Price asked for vacant units | $236,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $648 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.60% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 57.50% |
| Debt Free | 23.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.5% |
