Oak Lane: Housing & Real Estate
Housing in Oak Lane centers on a median value of $357,500, with median rent $1,347 (1.1× below Montgomery County median $1,514; 1.2× higher than Pennsylvania median $1,118). Homeownership rate: 90.6%. That's 1.1× below the Montgomery County median ($382,300); 1.5× higher than the Pennsylvania median ($237,023).
- 2.6× annual income — home value vs. household income (vs Pennsylvania 2.9×).
- 22.1 years to break even renting at the median (vs Pennsylvania 18y).
Home Values & Rent
Median home value $357,500 — 1.5× the Pennsylvania median ($237,022). Median rent $1,347/month. homeownership rate 90.6% — above the U.S. share of ~65%.
| Median Home Value | $357,500 (vs Pennsylvania $237,023) |
|---|---|
| Median Rent | $1,347 (vs Pennsylvania $1,118) |
Other
| Homeownership Rate | 90.6% |
|---|---|
| Median Year Built | 1955 |