Oaks Home Prices & Values

$115,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.9% 1-year change
  • 5.5% 1-year forecast

The median home value in Oaks is $115,000. Oaks home values have gone up 5.9% over the past year and Zillow predicts they will rise 5.5% within the next year. The median list price per square foot in Oaks is $68, which is lower than the Garland average of $80. The median price of homes currently listed in Oaks is $124,900 while the median price of homes that sold is $114,917. The median rent price in Oaks is $1,200, which is higher than the Garland median of $995.

Foreclosures will be a factor impacting home values in the next several years. In Oaks 4.4 homes are foreclosed (per 10,000). This is lower than the Garland value of 6.2 and also the same as the national value of 4.4

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Relative ZHVI
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Oaks Market Overview

Data through Jul 31, 2014
  • $115,000 ZHVI
  • 5.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $124,900 Median listing price
  • No recent data Median sale price
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Oaks Market Health

Data through Jul 31, 2014
  • 4.9/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

4.4 homes(Dec 31, 2013) Oaks
6.2 homes Garland
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Duck Creek $103,600 New West $95,900  

Listings & Sales

Data through Jul 31, 2014
  • $68 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 16.7% Listings with price cut
7.4%
Sold below listing
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Oaks Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,246 Oaks
$1,233 Garland
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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