A typical Oakland home is worth roughly $152,000
Builders were permitted 3 new homes in 2025.
What kind of housing town is Oakland?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.2 years of income
Less than across Nebraska (3.7 years). Try your own numbers below.
That covers a typical Oakland home, with $99K to spare.
A two-bedroom rents for about $960 a month here, $10 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Oakland’s typical property tax (1.40% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
73% of Oakland households own their home
Half of Oakland’s homes were built before 1950.
Nebraska: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A two-bedroom rents for about $960
Renters already here pay a median of $720, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Burt County, NE): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Oakland in 2025, all single-family houses. That's 1.9 per 1,000 residents, slower than across Nebraska (5.7). Over the past 10 years, Oakland has permitted 7 homes in all.
Between the 2010 and 2020 censuses, Oakland gained 125 residents while 9 new homes were permitted: about 14 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Nebraska: 1.8 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $750,000 |
| 2025 | 3 | 3 | 0 | $750,000 |
| 2024 | 1 | 1 | 0 | $467,000 |
| 2023 | 1 | 1 | 0 | $467,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 2 | 2 | 0 | $680,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 4 | 4 | 0 | $250,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 4 | 4 | 0 | $794,000 |
| 2011 | 1 | 1 | 0 | $200,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 3 | 3 | 0 | $590,000 |
| 2007 | 1 | 1 | 0 | $190,000 |
| 2006 | 3 | 3 | 0 | $480,000 |
| 2005 | 3 | 3 | 0 | $710,000 |
| 2004 | 3 | 1 | 2 | $315,000 |
| 2003 | 2 | 2 | 0 | $205,000 |
| 2002 | 1 | 1 | 0 | $135,000 |
| 2001 | 1 | 1 | 0 | $150,000 |
| 2000 | 2 | 2 | 0 | $164,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Neighbors talk housing
What Oakland buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.