Home prices
The median home value in Oak Grove is $324,000. In comparison to nearby areas this is roughly $64,160 (16%) lower.It is approximately $106,500 (48%) higher in comparison to the entire nation, and is roughly $88,000 (21%) lower compared to the city of Portland.
Rents
In Oak Grove the median rent is $1,342 per month. Compared to its nearby areas this is roughly $20 (1%) higher.It is approximately $280 (26%) higher in comparison to the rest of the nation, and it is approximately $94 (7%) higher compared to the city of Portland.
Nearby places
Jennings Lodge
Jennings Lodge is Oak Grove's neighbor to the southeast. The real estate prices there are pretty similar. The median home in Jennings Lodge is valued at $311,500, which comes out to $12,500 (4%) lower than Oak Grove. Its rents are a bit less expensive. In Jennings Lodge the median monthly rent is $1,191, which is $151 (12%) lower than Oak Grove.
Oatfield
Oatfield is Oak Grove's neighbor to the east. Its real estate prices are somewhat more expensive. The price of the median home in Oatfield is $366,400, which is $42,400 (11%) higher than Oak Grove. The rent there is similar. Oatfield's median rent is $1,299 per month, which is $43 (3%) lower than Oak Grove.
Milwaukie
Milwaukie is Oak Grove's neighbor to the north. The housing prices there are fairly similar. The median home value in Milwaukie is $323,500, which is very similar to Oak Grove. Its rents are a little less expensive. Milwaukie's median monthly rent is $1,173, which works out to $169 (14%) lower than Oak Grove.
Lake Oswego
Lake Oswego is Oak Grove's neighbor to the west. Real estate prices there are a lot more expensive. The median home in Lake Oswego costs $637,200, which works out to $313,200 (49%) higher than Oak Grove. Rents there are a little more expensive. In Lake Oswego the median monthly rent is $1,614, which works out to $272 (16%) higher than Oak Grove.
Gladstone
Gladstone is roughly 2 miles southeast of Oak Grove. Its real estate prices are a little less expensive. The median home in Gladstone is valued at $302,200, which comes out to $21,800 (7%) lower than Oak Grove. Rents there are pretty similar. In Gladstone the median monthly rent is $1,334, which is very similar to Oak Grove.
