Why Live in Oakwood
Oakwood, a neighborhood in Coral Springs, is known for its exceptionally close-knit community, where residents often refer to each other as “best friend neighbors.” This sense of camaraderie is evident in community events like flash mob proposals and Christmas Eve P.J. parties. The neighborhood features two popular parks, Whispering Oaks Park and Oakwood Park, which offer large lawns, playgrounds, and access to the Stranahan River. Homes in Oakwood are primarily contemporary and Spanish Mission-inspired ranches built between 1979 and 1990, with some multi-story Spanish Mission dwellings. These homes sit on manicured lots up to half an acre, with some properties backing up to the river, which is used for kayaking, canoeing, and fishing. Oakwood is particularly appealing due to the absence of HOA requirements and its private neighborhood feel. The neighborhood is served by Broward County Public Schools, which have a high rating. Local shopping and dining options include Cypress Wood Plaza, featuring WAAO! Restaurant & Bakery and Fisho Sushi & Thai. Additional amenities are within a 2-mile radius, including Coral Square Mall and a Publix Super Market. Coral Springs hosts various community events, such as Oktoberfest and a Juneteenth celebration. Oakwood is conveniently located near the Sawgrass Expressway, providing access to Fort Lauderdale, 17 miles away, and Fort Lauderdale-Hollywood International Airport, 26 miles away. While the neighborhood is at high risk for hurricane-force winds, it has minimal flood risk.
Home Trends in Oakwood, FL
On average, homes in Oakwood, Coral Springs sell after 67 days on the market compared to the national average of 51 days. The median sale price for homes in Oakwood, Coral Springs over the last 12 months is $637,500, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$637,500
Median Single Family Sale Price
$709,500
Median 2 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$272
Number of Homes for Sale
10
Last 12 months Home Sales
39
Median List Price
$649,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
13%