Altos Market Data for Realtors

Oakland, MD

Single-Family Homes

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Oakland, MD

Mon Mar 18 2024
This week the median list price for Oakland, MD is $399,900 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has increased to 35. Click here to stay informed with the Oakland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Oakland, MD

Mon Mar 18 2024
This week the median list price for Oakland, MD is $399,900 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has increased to 35. Click here to stay informed with the Oakland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $399,900
Median Price of New Listings $374,900
Per Square Foot $202
Average Days on Market 136
Median Days on Market 105
Price Decreased 46%
Price Increased 3%
Relisted 3%
Inventory 35
Median Rent
Market Action 38
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,074,999 4,370 1 - 2.5 acres 5 4.5 19 0 1 63
$549,000 2,414 1 - 2.5 acres 4 2.5 36 0 1 42
$345,000 1,680 0.5 - 1 acre 4 2 22 3 2 112
$215,000 1,560 0.25 - 0.5 acre 3 1.5 84 0 2 126