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Oakland, MS Real Estate


According to census data in the year 2000 there were 240 housing units in Oakland. This represents a 9.1% growth from 220 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 240 were located in what is classified as a rural area.

Homeownership rate in Oakland is about 62.1%. Oakland's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Oakland were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom11.70%
Two Bedrooms26.70%
Three Bedrooms36.30%
Four Bedrooms19.20%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.27
Median year structure was built1975
Median Value of occupied units$43,100
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1971
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan9.30%
Simple Mortgage43.30%
Debt Free41.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%