Oakland Park, FL33334

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$435,000
4.7% YoY Growth
Median Household Income
$69,500
35.7% 5-Year Growth
Days on Market
72
14.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$2,200
8.6% YoY Growth
1-Bed Rent
$1,600
1.2% YoY Growth
2-Bed Rent
$2,200
1.7% YoY Growth
3-Bed Rent
$3,400
10.2% YoY Growth

Other Zip Codes in Oakland Park, FL

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 72. This is a increase of 14.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$533,000-10.0%
Listing Count
3003.0%
Listings as % of Homes1.1%3.0%
Days on Market
7214.0%
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Demographics — Oakland Park, FL

As of the latest ACS Survey released in 2023, Oakland Park, FL has a population of 30,900, which has increased by 4.8% over the past 5 years. Oakland Park, FL is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 32.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
30,9004.8%
% Under 18
18.4%12.9%
% Seniors
15.9%16.9%
% WFH
11.4%100.0%
% w/ College Degree
32.7%11.2%
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As of the latest ACS Survey released in 2023, Oakland Park, FL is a predominantly white area, with 43.1% of the population identifying as white. The white population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Oakland Park, FL is hispanic, making up 32.4% of the population. Foreign-born residents account for 30.6% of the population in Oakland Park, FL, and this percentage has increased by 8.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
43.1%-12.9%
% Black
17.1%23.0%
% Hispanic
32.4%-2.1%
% Asian
2.1%-16.0%
% Foreign Born
30.6%8.5%
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Mortgage and Risk — Oakland Park, FL

According to HUD data as of 2023, there were 490 mortgage originations in Oakland Park, FL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Oakland Park, FL. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
490
% Conventional Loans
85.0%
% Government Loans
15.0%
% Investor Loans
4.0%
% Second Loans
4.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Oakland Park, FL

As of 2024, the percent of homes in Oakland Park, FL under the Section 8 program is 1.7%. 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 units appear to be good home sizes to consider for Section 8 housing in Oakland Park, FL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
95
Total Units Section 8
95
% Rentals under Section 8
1.7%
% Occupied Section 8
85.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$200$1,600$1,800
2 Bedroom$30$2,200$2,230
3 Bedroom-$320$3,400$3,080
4 Bedroom-$760$4,500$3,740

Affordability — Oakland Park, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.2
Median Home Price$435,000
Median Household Income$69,500

Oakland Park, FL — ZIP Code Boundary Map

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Frequently Asked Questions