Why Live in Oakdale
Oakdale, located just off the peninsula in Portland, offers a quieter residential experience while being only blocks away from the bustling downtown area. The neighborhood is characterized by its vintage homes, including three-story Victorians and American Foursquares, many of which are over 100 years old. The University of Southern Maine's historical campus adds to the area's charm and has contributed to infrastructure improvements like the new roundabout. Oakdale's real estate market features larger properties, some of which are multifamily dwellings now rented to university students. The neighborhood's average home value is higher than the city average, ranging from $450,000 to $1 million.
Local amenities include the nationally recognized Rose Foods for bagels, The Proper Cup Coffee House, and a variety of other eateries and bars along Forest Avenue. Hannaford supermarket is conveniently located for grocery shopping, and Maine Medical Center is just a mile away for healthcare needs. For recreation, residents can enjoy five small parks and the 3-mile Back Cove Trail, which is popular for walking, jogging, and biking. Portland Community Squash is expanding its facilities, and a new performing arts center is set to open on the University of Southern Maine campus in 2025.
Public transportation is accessible with Greater Portland Metro buses stopping along Forest Avenue, providing a direct route to downtown Portland, which is about a mile away. Additionally, Portland International Jetport, located three miles from Oakdale, offers flights to several major cities.
Frequently Asked Questions
Is Oakdale a good place to live?
Oakdale is a good place to live, receiving 5.0 stars from its residents. Oakdale is considered fairly walkable and a biker's paradise with some transit options. Oakdale has 6 parks for recreational activities. It is somewhat dense in population with 9.5 people per acre and a median age of 37. The average household income is $85,532 which is below the national average. College graduates make up 58% of residents. A majority of residents in Oakdale are renters, with 67.4% of residents renting and 32.6% of residents owning their home. A
local real estate agent serving Oakdale can help you decide if this neighborhood is the right one for you. Learn more on our
Oakdale neighborhood guide.
Is Oakdale, ME a safe neighborhood?
Oakdale, ME is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Oakdale?
The median home price in Oakdale is $585,000. If you put a 20% down payment of $117,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,030 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $130K a year to afford the median home price in Oakdale. The average household income in Oakdale is $86K.
What are the best public schools in Oakdale?
The best public schools that serve Oakdale are:
What are the best private schools in Oakdale?
The best private schools that serve Oakdale are:
- Waynflete School has an A+ Niche grade, a student teacher ratio of 11:1 and an average review score of 4.6.
- Cheverus High School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.2.
- Breakwater School has a student teacher ratio of 3:1 and an average review score of 5.0.
What are the most popular zip codes in Oakdale, Portland, ME?
What are the most popular neighborhoods near Oakdale, Portland, ME?
Home Trends in Oakdale, ME
On average, homes in Oakdale, Portland sell after 71 days on the market compared to the national average of 70 days. The median sale price for homes in Oakdale, Portland over the last 12 months is $585,000, up 29% from the median home sale price over the previous 12 months.
Median Sale Price
$585,000
Median Single Family Sale Price
$284,999
Median Townhouse Sale Price
$585,000
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
3
Last 12 months Home Sales
25
Median List Price
$585,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
29%