Home prices
The price of the median home in Oakwood is $85,700. It is approximately $9,660 (10%) lower compared to the surrounding areas.In comparison to the rest of the nation it is approximately $131,800 (60%) lower, and is approximately $16,100 (23%) higher in comparison to the city of Cleveland.
Rents
In Oakwood the median monthly rent is $778. Compared to the surrounding areas it is roughly $99 (14%) higher.In comparison to the rest of the country it is roughly $284 (26%) lower, and compared to the city of Cleveland it is roughly $59 (8%) higher.
Nearby places
New Castle
New Castle is Oakwood's neighbor to the southeast. The real estate prices there are a lot less expensive. The median home in New Castle is valued at $61,900, which comes out to $23,800 (38%) lower than Oakwood. Rents there are a little less expensive. New Castle's median monthly rent is $676, which works out to $102 (15%) lower than Oakwood.
South New Castle
South New Castle is roughly 2 miles southeast of Oakwood. Its housing prices are a little less expensive. The median home in South New Castle is valued at $71,300, which works out to $14,400 (20%) lower than Oakwood. Rent there is a little less expensive. South New Castle's median monthly rent is $692, which comes out to $86 (12%) lower than Oakwood.
Bessemer
Bessemer is about 5 miles southwest of Oakwood. Real estate prices there are a bit more expensive. The price of the median home in Bessemer is $95,800, which comes out to $10,100 (10%) higher than Oakwood. Rents there are somewhat less expensive. Bessemer's median rent is $679 a month, which is $99 (14%) lower than Oakwood.
West Pittsburg
West Pittsburg is about 5 miles south from Oakwood. Its housing prices are a bit less expensive. West Pittsburg's median home cost is $74,000, which is $11,700 (15%) lower than Oakwood. Rents there are significantly less expensive. In West Pittsburg the median rent is $548 per month, which comes out to $230 (41%) lower than Oakwood.
New Wilmington
New Wilmington is about 7 miles north of Oakwood. Housing prices there are substantially more expensive. The median home cost in New Wilmington is $173,800, which comes out to $88,100 (50%) higher than Oakwood. The rent there is similar. In New Wilmington the median monthly rent is $800, which comes out to $22 (2%) higher than Oakwood.
