Part of the Memphis, Tennessee-Mississippi-Arkansas Metropolitan Statistical Area, the town of Oakland in Fayette County is home to a diverse population of approximately 1,400 residents. Located just 30 minutes outside of Memphis, residents have the advantage of living in one of the premier communities outside of Memphis where the economy is thriving, the education options are excellent and endless, and the small-town way of life is refreshing and exceptional. In fact, Oakland is known as one of the fastest growing cities in the state, both in residential and economic growth. Many newcomers and current residents enjoy the fact that Oakland has consistently kept its debt-free status while adhering to its low tax rates and providing affordable housing for all. The real estate market in Oakland and throughout Fayette County is plentiful and affordable, with single-family homes in a variety of price ranges making up the majority of the area’s real estate market. If you’re looking to live in a community that takes extra steps to ensure that its residents are happy and fulfilled, then look no further than Oakland, Tennessee.
Real Estate Market Summary - Prices of Oakland Homes for Sale
Buyers interested in living in Oakland, Tennessee, will be pleased to know that the area’s real estate selection is affordable, with single-family homes anchoring the market. Offering residents the best of quiet living in a suburban-like setting and within proximity to the Memphis metropolitan area and all of its entertainment, cultural and recreational amenities, the town of Oakland and Fayette County in general have quickly become premier areas for living, raising a family, and retiring. Many single-family homes are listed starting from $98,000 for starter homes on treed lots and in rural settings, to $700,000 for a two-story brick home with plenty of acreage for farmland. A few listings for condominiums can be found throughout Oakland with prices starting at just under $250,000 for a two bedroom condo. Looking for your new home? View currently listed homes in Oakland Tennessee. See market trends of Oakland real estate market including average home prices, property values, townhomes, condominiums and other property types. Interested in bank owned or foreclosure properties? Access foreclosures, bank owned properties, short sales and more real estate in Oakland Tennessee.
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