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Oakland Park is a city experiencing development and increasing home prices, thanks to interest in neighboring city Wilton Manors. The increased home prices and appreciation in Wilton Manors have nudged prices upward in Oakland Park. Many residents from Wilton Manors are migrating to the city as Homes for Sale in Oakland Park are still less expensive.
There has also been renewed interest in redeveloping the city’s downtown. The city has established new downtown zoning regulations to transform the area into a mixed-use pedestrian community. Also part of the proposal is a new commuter rail station on the Florida East Coast Railway.
The weather is Oakland Park is very similar to its neighboring cities within Broward County. Sunny skies are aplenty as there are 250 days per year, on average. Rainfall is slightly higher than the U.S. average. Oakland Park gets around 60 inches of rain per year, while the U.S. average is 37 inches. There are about 120 days of the year with measurable precipitation. The average July high temperature is 91 degrees, and the average January low is around 58 degrees.
Oakland Park has a long history. The school building of Oakland Park Elementary School dates back to 1925 and is listed on the National Register of Historic Places. The town’s original name was Floranada, which was a mix of Florida and Canada. A hurricane in 1926 put the town into bankruptcy and after reincorporating, residents renamed the city Oakland Park.
As of 2014, the city’s population was slightly below 42,000. Since 2000, population has increased by 0.19 percent. In addition to many new families deciding to call the city their home, Oakland Park has gained residents over the years due to the annexing of local communities, including Twin Lakes South and North Andrews Gardens.
Oakland Park is a great place to buy real estate in South Florida. Home appreciation the last year has been 15.20 percent. The median cost of a home in Oakland Park is currently $130,300. In 2000, the median home cost was $92,300, demonstrating the appreciation over the years.
Living in Oakland Park means you will be close enough to Fort Lauderdale to take advantage of the many entertainment and cultural activities.