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Oak Forest

Oak Forest

3.0
$288,464 Average Value
$230 Average Price per Sq Ft
6 Homes For Sale
Discover the peaceful neighborhood of Oak Forest in Charlotte.
Discover the peaceful neighborhood of Oak Forest in Charlotte.

Oak Forest offers affordability and cultural diversity

On the eastern side of Charlotte, Oak Forest offers a range of home types with everyday amenities close by. Homes are relatively affordable, with the neighborhood’s median single-family home sale price more than $100,000 lower than that of the Charlotte metro area. It’s an apartment-heavy neighborhood, and many properties are not part of an HOA. From the Korean Presbyterian church to the Vietnamese Pentecostal church to the surrounding Hispanic restaurants, the Oak Forest area caters to residents of many backgrounds.

Home prices and HOAs in Oak Forest

Most homes in Oak Forest are midcentury builds that follow brick ranch-style designs, with the occasional split-level. Newer, two-story builds have been popping up over the past few years in the neighborhood’s remaining undeveloped lots. Whatever the house you choose, you can expect to have plenty of elbow room. “Lots are a bit bigger here compared to cookie-cutter neighborhoods or ones with newer constructions. These lots give residents more privacy, which they like,” says Celia Leland, the owner of Charlotte-based Celia Estrada Realtors with 25 years of experience. Trees provide privacy and shade, too. Home prices depend on style:
• Investor opportunities start in the upper $100,000s
• Townhouses along Briarhill Drive begin in the $100,000s
• Midcentury homes are priced between the lower $200,000s and the mid $300,000s
• Newer builds begin in the lower $500,000s
Many Oak Forest properties have no HOA, but newer builds in the Kennington subdivision have a mandatory HOA with $50 monthly fees. However, over half of all residences in the neighborhood are apartments.

Most of the homes in Oak Forest sit on quarter-acre lots.
Most of the homes in Oak Forest sit on quarter-acre lots.
You can also find midcentury split-level homes in Oak Forest.
You can also find midcentury split-level homes in Oak Forest.
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The overall feel of Oak Forest: insights from experts

According to local real estate experts, Oak Forest is known for redevelopment, convenience and diversity. “It’s going through the process of renovation; there are a good number of investment properties and homes being renovated,” says Daniel Fisher, a principal and Broker-in-Charge at Fisher Herman Realty, who specializes in the Charlotte market. “It’s located on a major thoroughfare with a good mix of shops and churches and restaurants.” The small businesses and faith communities in and around the neighborhood show how much Oak Forest has become a melting pot of different cultures. “Oak Forest is very culturally mixed, and that’s why people like it. There’s a lot of Latino-owned restaurants and shops, but there are Vietnamese and Korean businesses too,” Leland says. Several houses of worship and community centers surround the neighborhood, from the Islamic Society of Greater Charlotte to Spanish-speaking churches.

Oak Forest in Charlotte has a variety of shopping.
Oak Forest in Charlotte has a variety of shopping.
Enjoy a great meal at the local Restaurante Y Panaderia Salvadoreña in Charlotte.
Enjoy a great meal at the local Restaurante Y Panaderia Salvadoreña in Charlotte.
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School boundaries for CMS

The neighborhood is zoned for Charlotte Mecklenburg Schools (CMS), a highly rated district that covers the entire Charlotte metro area. Devonshire Elementary School and Cochrane Collegiate Academy, which serves sixth through 12th grade students, are located within Oak Forest. However, parents may request a boundary reassignment—to move from their home school to another district school—by applying within ten days of initial placement.

Devonshire Elementary is committed to creating a caring and student-centred learning community.
Devonshire Elementary is committed to creating a caring and student-centred learning community.
Cochrane Collegiate Academy is a public middle and high school in Charlotte.
Cochrane Collegiate Academy is a public middle and high school in Charlotte.
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Routes for commuting throughout Charlotte

Residents can get around by car and by bus. East W. T. Harris Boulevard bounds the neighborhood to the east; this thoroughfare takes commuters to Interstates 85 and 485, which loop around Charlotte. Oak Forest is about 9 miles from Uptown Charlotte, where major employers are clustered, though commuters can expect heavy traffic during peak hours. There are bus stops on Barrington Drive and Milton Road within the neighborhood, and bus route 29 goes to UNC Charlotte, about 6 miles away. Charlotte Douglas International Airport is about 16 miles away.

The Oak Forest neighborhood is located just east of Uptown Charlotte.
The Oak Forest neighborhood is located just east of Uptown Charlotte.
Explore local shops and restaurants on Milton Road in Charlotte.
Explore local shops and restaurants on Milton Road in Charlotte.
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Nearby everyday amenities and walkability

Some amenities are within walking distance, depending on where you’re living in the neighborhood. Sidewalks connect some apartments to shopping areas, which have fast-food joints and grocery stores. When it comes to dining out, locals can enjoy pupusas and baleadas from Restaurante y Panaderia Salvadoreña, and Parkway House serves up an array of homespun Southern comfort dishes. Oak Forest also offers proximity to green spaces, such as:
• The playgrounds at Devonshire Park
• The wooded trails, disc golf course and fishing pond at Reedy Creek Park

Head to Reedy Creek Park in Back Creek Church for a day of fishing.
Head to Reedy Creek Park in Back Creek Church for a day of fishing.
Your four legged friends will enjoy the large dog park at Reedy Creek Park.
Your four legged friends will enjoy the large dog park at Reedy Creek Park.
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Laura Copan
Written By
Laura Copan
Ryan Gwilliam
Photography Contributed By
Ryan Gwilliam
Ellie Brown
Video By
Ellie Brown

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Concord-Padgett Regional

21 min drive

Bus

Wt Harris Blvd & Williams Rd

Bus

Milton Rd & Sharon Amity Rd

Bus

Barrington Dr & Delivau Dr

Bus

Milton Rd & Barrington Dr

Bus

The Plaza & Starhaven Dr

Bus

Milton Rd & Tipperary Pl

Bus

Milton Rd & Meadowcliff Dr

Reviews

Niche Reviews
3.0 8 Reviews
2.0 Niche User
8/29/2016 Niche Review
The overall area is horrible, there's a lot of crime drugs, prostitution, and murders. The schools are title one schools and aren't beneficial to any of the children not even cognitive thinking, there's no jobs, there's no new business. The location is poverty stricken, and the governer of Charlotte, North Carolina aren't putting any money into the schools.
3.0 Niche User
6/28/2016 Niche Review
There wasnt a lot of crime that was in the area when I was there
Are you familiar with the Oak Forest neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Oak Forest US
Homicide 4 4
Sexual Assault 7 4
Assault with Weapon 6 4
Robbery 6 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Oak Forest Demographics and Home Trends

Housing Trends

Median List Price
$280,000
Median Sale Price
$260,000
Median Single Family Sale Price
$285,000
Median Townhouse Sale Price
$160,500
Median Change From 1st List Price
5%
Last 12 months Home Sales
25
Median Home Sale Price YoY Change
-19%
Average Price Per Sq Ft
$230

Neighborhood Facts

Number of Homes
991
Number of Homes for Sale
6
Median Year Built
1970
Months of Supply
2.90
Average Single Family Home Size Sq Ft
1,304
Significantly below the national average
1,929
Average Townhouse Size Sq Ft
1,084
Average 2 Bedroom Size Sq Ft
960
Median Lot Size Sq Ft
12,196

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
7,276
Median Age
33
Population Density
9 ppl/acre
Population under 18
30.5%
Above the national average
23.8%
Population over 65
9.7%
Below the national average
19.1%

Finances

Median Household Income
$39,644
Significantly below the national average
$79,601
Average Household Income
$48,666

Education and Workforce

High School Graduates
69.3%
Below the national average
89%
College Graduates
11.8%
Below the national average
34.1%
Advanced Degrees
1.2%
% Population in Labor Force
69%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
29°F
Average Summer High Temperature
90°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®

42 / 100

Car-Dependent

Walk Score®

28 / 100

Some Transit

Transit Score®

37 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Oak Forest
Scott David
Milemma Realty
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