Bryan Realty

Oakland, TN 38060

Single-Family Homes

Market Report / michael@bryanrealty.com



Oakland, TN 38060

Mon Apr 06 2020
This week the median list price for Oakland, TN 38060 is $259,900 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 41. 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.

Strong Seller's Market

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, TN 38060

Mon Apr 06 2020
This week the median list price for Oakland, TN 38060 is $259,900 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 41. 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.

Strong Seller's Market

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 $259,900
Per Square Foot $123
Days on Market 119
Price Decreased 17%
Price Increased 17%
Relisted 7%
Inventory 41
Median Rent $1,315
Most Expensive $667,900
Least Expensive $98,900
Market Action 47
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$309,700 2,499 0.25 - 0.5 acre 4 3 2 1 3 227
$281,982 2,299 0.25 - 0.5 acre 4 3 1 0 2 122
$246,822 1,899 8,000 - 10,000 sqft 4 2 1 2 1 77
$199,900 1,699 1 - 2.5 acres 3 2 15 4 1 54