Why Live in Oakwood
Oakwood Village, located between Cleveland and Akron, offers a blend of suburban and rural living. This small community is ideal for families, with convenient access to both cities via Interstates 480 and 271. Broadway Avenue serves as the main thoroughfare, featuring a mix of big-box stores and local dining options, including the popular Dolphin Restaurant and Mister T's Wonderfreeze. The Oakwood Community Center is a hub for family activities, hosting monthly events and summer programs. Oakwood Community Park provides playgrounds and baseball fields, while the nearby Bedford Reservation Park offers extensive trails and picnic areas. Housing in Oakwood consists mainly of post-World War II bungalows, ranch-style homes, and colonials, with most residents owning their homes. The neighborhood is characterized by private driveways and well-kept lawns. While the local schools in the Bedford City School District have average ratings, they are undergoing a facility expansion project. Oakwood is safer than the national average, making it a practical choice for families. Nearby attractions include Cuyahoga Valley National Park, nine miles away, and Cleveland Hopkins International Airport, 20 miles away. The presence of active rail lines may bring some nighttime noise to the western residential areas.
Home Trends in Oakwood, OH
On average, homes in Oakwood, Oakwood Village sell after 23 days on the market compared to the national average of 51 days. The median sale price for homes in Oakwood, Oakwood Village over the last 12 months is $155,000, up 24% from the median home sale price over the previous 12 months.
Median Sale Price
$155,000
Median Single Family Sale Price
$160,000
Average Price Per Sq Ft
$134
Number of Homes for Sale
10
Last 12 months Home Sales
14
Median List Price
$164,999
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
24%