Oak Crest27109

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
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Median Household Income
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Days on Market
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Home Price Forecast
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Median Rent
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1-Bed Rent
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2-Bed Rent
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3-Bed Rent
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Property Listings — Oak Crest

As of Aug '25 and according to Realtor.com, the median days on market for a home in Oak Crest is NA. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of HomesN/AN/A
Days on Market
N/AN/A
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Demographics — Oak Crest

MetricLatest CensusYoY % Change
Population
2,5800.5%
% Under 18
0.0%-100.0%
% Under 5N/AN/A
% Seniors
0.0%N/A
% WFH
28.1%69.3%
% w/ College Degree
N/AN/A
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
68.4%13.8%
% Black
19.8%3.7%
% Hispanic
1.8%-59.1%
% Asian
9.6%-30.4%
% Foreign Born
10.9%-14.2%
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Mortgage and Risk — Oak Crest

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Oak Crest in that year was 24. 83.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 64.0%. Of those, 21.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Oak Crest. Investor activity in Oak Crest is low, as 12.0% of all loans are originated by investors. In 2023, 8.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
24N/AN/A
% Conventional Loans
83.0%N/AN/A
% Government Loans
17.0%N/AN/A
% Investor Loans
12.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
8.0%N/AN/A
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Rentals and Section 8 — Oak Crest

As of 2024, the percent of homes in Oak Crest under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,080
2 BedroomN/AN/A$1,270
3 BedroomN/AN/A$1,670
4 BedroomN/AN/A$1,960

Affordability — Oak Crest

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income RatioN/AN/AN/A
Median Home PriceN/AN/AN/A
Median Household IncomeN/AN/AN/A

Oak Crest — ZIP Code Boundary Map

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