Oakland Park, FL—33309
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Oakland Park, FL
Home Price Trends — Oakland Park, FL
As of Oct '25, the median home price in Oakland Park, FL is $374,000, with a year-over-year change of -5.3%. This indicates that home prices in Oakland Park, FL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $374,000 | -5.3% |
| Single Family | $429,000 | -5.3% |
| Condos | $189,000 | -14.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $161,000 | -13.0% |
2 Bed | $267,000 | -10.4% |
3 Bed | $453,000 | -5.2% |
4 Bed | $515,000 | -4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oakland Park, FL
As of July '25, Rentcast reports the average rent in Oakland Park, FL is $2,360, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Oakland Park, FL is studios: $1,650, 1-bedrooms: $1,680, 2-bedrooms: $2,200, 3-bedrooms: $3,300, 4-bedrooms: $4,360. The most common rental property sizes in Oakland Park, FL are 2-bedroom and 3-bedroom, accounting for 55.5% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,360 |
| Studio Rent | $1,600 | $1,650 |
| 1 Bed Rent | $1,700 | $1,680 |
| 2 Bed Rent | $2,100 | $2,200 |
| 3 Bed Rent | $3,000 | $3,300 |
| 4 Bed Rent | $4,200 | $4,360 |
% of Rental Stock
Property Listings — Oakland Park, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakland Park, FL is 81. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $297,000 | -3.0% |
Listing Count | 340 | 3.0% |
| Listings as % of Homes | 1.2% | 3.0% |
Days on Market | 81 | 28.0% |
Demographics — Oakland Park, FL
As of the latest ACS Survey released in 2023, Oakland Park, FL has a population of 38,100, which has decreased by -7.0% over the past 5 years. Oakland Park, FL is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,100 | -7.0% |
% Under 18 | 22.0% | 0.0% |
% Seniors | 12.0% | 6.2% |
% WFH | 9.5% | 137.5% |
% w/ College Degree | 23.3% | -2.5% |
As of the latest ACS Survey released in 2023, Oakland Park, FL is a predominantly black area, with 43.7% of the population identifying as black. The black population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Oakland Park, FL is hispanic, making up 28.4% of the population. Foreign-born residents account for 37.7% of the population in Oakland Park, FL, and this percentage has decreased by 5.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.3% | -18.0% |
% Black | 43.7% | -1.1% |
% Hispanic | 28.4% | 22.4% |
% Asian | 1.9% | -45.7% |
% Foreign Born | 37.7% | -5.3% |
Mortgage and Risk — Oakland Park, FL
According to HUD data as of 2023, there were 686 mortgage originations in Oakland Park, FL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Oakland Park, FL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 686 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Oakland Park, FL
As of 2024, the percent of homes in Oakland Park, FL under the Section 8 program is 4.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Oakland Park, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 278 |
Total Units Section 8 | 278 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,700 | $1,820 |
| 2 Bedroom | $150 | $2,100 | $2,250 |
| 3 Bedroom | $110 | $3,000 | $3,110 |
| 4 Bedroom | -$420 | $4,200 | $3,780 |
Affordability — Oakland Park, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $374,000 |
| Median Household Income | $73,500 |