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Saturday, November 23, 2024

Pricing for the median home in Oakland Park increased during May

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The median sale price of a home sold in May in Oakland Park rose by $99,000 while total sales decreased by 9.3 percent, according to BlockShopper.com.

In May, there were 117 homes sold, with a median sale price of $339,000 - a 41.3 percent increase over the $240,000 median sale price for the same period of the previous year. There were 129 homes sold in Oakland Park in May 2021.

The median sales tax in Oakland Park for the most recent year with available data, 2017, was $2,081, approximately 0.6 percent of the median home sale price for May.

The following table compares Oakland Park to other Broward County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Miramar154169-8.9$450,000$347,00029.7
Hollywood368416-11.5$425,000$332,75027.7
Davie159177-10.2$385,000$320,00020.3
West Park2026-23.1$368,500$305,00020.8
Pembroke Pines287310-7.4$360,000$308,50016.7
Oakland Park117129-9.3$339,000$240,00041.3
Fort Lauderdale (unincorporated)22214.8$325,000$255,00027.5
Pompano Beach288333-13.5$313,000$250,00025.2
Hallandale Beach210215-2.3$287,000$226,50026.7
Dania Beach1007042.9$275,000$299,995-8.3
North Lauderdale6776-11.8$270,750$217,75024.3

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