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Five Oaks

Five Oaks

$129,990 Average Value
$77 Average Price per Sq Ft
5 Homes For Sale

Five Oaks is a family-friendly historic community

Five Oaks is a historic Dayton neighborhood known for its architectural styles, state-of-the-art hospital and connections to surrounding neighborhoods. Homes in the community's historic district are carefully preserved, but renovations and infill construction are welcome in the neighborhood. Residents are within walking distance of charter schools, city attractions and annual celebrations like the Stoddard Avenue Pumpkin Glow. Downtown Dayton is a short drive or bus ride away.

The neighborhood has preserved homes and upcoming projects

"Five Oaks is a sort of hip place that's known for its variety of old homes and ornate architecture," says Kerry Santiago, Realtor with Coldwell Banker Heritage Realtors. "You can find everything from high-end homes to a total re-do." Architectural styles vary, with the neighborhood offering:

  • American Foursquares
  • Craftsmans
  • Dutch Colonials
  • Tudor Revivals
Most of the area's historic architecture has been preserved, since Five Oaks is part of the Grafton-Rockwood-Wroe Historic District. However, the neighborhood has areas with blighted homes or vacant lots, so the community welcomes infill housing and new construction, like a new 260-unit workforce apartment complex.

You'll find a wide variety home styles along Five Oaks' streets.
You'll find a wide variety home styles along Five Oaks' streets.
Many historic homes have distinct shapes and ornate details.
Many historic homes have distinct shapes and ornate details.
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How much homes cost in Five Oaks

Prices for move-in-ready single-family homes range from the low $100,000s to the upper $200,000s. Duplexes in the neighborhood usually list between $50,000 and the mid-$100,000s. Properties needing renovation cost less than $100,000. The community also has many homes for rent.

Kettering Health Dayton is located right in the Five Oaks area.
Kettering Health Dayton is located right in the Five Oaks area.

Kettering Health Dayton's impact on the community

Five Oaks is home to Kettering Health Dayton, an award-winning osteopathic teaching hospital. The hospital is actively engaged in the community, but not just through healthcare. "Kettering Hospital is an integral part of the community in a really positive way because they really believe in the beautification and preservation of these surrounding historical districts," says David Moyer, Realtor with Keller Williams Advisors Realty. "They contribute a lot to the community in terms of donating their time and resources to community landscaping and events."

DECA Prep is inside the neighborhood, meaning kids can walk to school.
DECA Prep is inside the neighborhood, meaning kids can walk to school.

Students can walk to Dayton charter schools

Five Oaks is part of the Dayton Public Schools district, but charter schools are popular among the families in the neighborhood. "One thing drawing people is DECA Prep, or Dayton Early College Academy. A lot of families have been moving here because kids can walk to the school, and it's one of the best schools in the city," says Bill Marvin, former president and current board member of the Five Oaks Neighborhood Improvement Association. "They also don't cherry-pick the kids like other charter schools. A lot of the kids, no one in their family has gone to college." Gem City Career Prep High School is another charter option inside the neighborhood.

The Dayton RTA provides transportation throughout Five Oaks.
The Dayton RTA provides transportation throughout Five Oaks.

Walk, drive or take the bus to downtown Dayton

Sidewalks make walking around the community easy, but most people drive or take a city bus if they're heading downtown. Downtown Dayton is where the closest shops, restaurants and major employers are. Salem Avenue and Main Street are direct lines over the Miami River into downtown.

Neighboring Grafton Hill is a hub for events

Residents are within walking distance of several event hubs. "Each year, people look forward to at least one major fish fry [at DECA Prep,]" Marvin says. "People come from all over to eat and play games." In neighboring Grafton Hill, you can find city attractions like the Dayton Art Institute and Annunciation Greek Orthodox Church, which host annual celebrations like:

  • Oktoberfest
  • Dayton Greek Festival
  • Stoddard Avenue Pumpkin Glow
The Stoddard Avenue Pumpkin Glow is especially popular, drawing tens of thousands of people with its festive jack-o-lanterns. "There's this hill going up to the Greek Orthodox Church that they just load with pumpkins, and they have hundreds of volunteers out there carving," Marvin says.

Isabel Butler
Written By
Isabel Butler
Kayleigh Ulrich
Photography Contributed By
Kayleigh Ulrich
Michael Carey
Video By
Michael Carey

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

James M Cox Dayton International

21 min drive

Bus

Salem & Neal

Bus

Richmond & Ferndale

Bus

Five Oaks & Richmond

Bus

Forest & Shaw

Bus

Five Oaks & Grafton

Bus

Five Oaks & Forest

Bus

Richmond & Manhattan

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Five Oaks US
Homicide 4 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Five Oaks Demographics and Home Trends

Housing Trends

Median List Price
$120,000
Median Sale Price
$120,000
Median Single Family Sale Price
$120,000
Median Townhouse Sale Price
$169,400
Median Change From 1st List Price
0%
Last 12 months Home Sales
29
Median Home Sale Price YoY Change
-8%
Average Price Per Sq Ft
$77

Neighborhood Facts

Number of Homes
819
Number of Homes for Sale
5
Median Year Built
1917
Months of Supply
2.10
Average Single Family Home Size Sq Ft
1,881
On par with the national average
1,930
Average Townhouse Size Sq Ft
2,652
Average 2 Bedroom Size Sq Ft
930
Average 1 Bedroom Size Sq Ft
752
Median Lot Size Sq Ft
5,662

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
3,358
Median Age
36
Population Density
13 ppl/acre
Population under 18
28.5%
On par with the national average
23.8%
Population over 65
17.6%
On par with the national average
19.1%

Finances

Median Household Income
$35,351
Significantly below the national average
$79,601
Average Household Income
$46,506

Education and Workforce

High School Graduates
85.9%
College Graduates
26%
Below the national average
34.1%
Advanced Degrees
7.9%
% Population in Labor Force
55.5%
Below the national average
64.9%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
22°F
Average Summer High Temperature
86°F
Annual Snowfall
21''

Area Factors

Somewhat Bikeable

Bike Score®

46 / 100

Somewhat Walkable

Walk Score®

51 / 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
Five Oaks
Adam Martin
Bella Realty Group
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