The Benefits of Buying a Home in Oakley, California

Lately, we’ve been blogging about some of the different real estate markets in the East Bay region of the San Francisco Bay Area. In previous blog posts, we looked at cities like San Pablo and Antioch. Today, we will explain some of the benefits of buying a home in Oakley, California.

Benefits of Buying a Home in Oakley, California

Oakley, California is a suburban city located in Contra Costa County. It offers a unique blend of scenic beauty, regional affordability, and proximity to major cities and job markets.

Here are some of the reasons why you might want to consider buying a home in Oakley, California:

Natural Beauty Plus Access to Major Cities

Oakley is located near the San Joaquin Delta and is surrounded by scenic views and outdoor recreational opportunities. It offers access to several parks and open spaces, including Big Break Regional Shoreline, Oakley City Park, and East Shore Park. This makes it an ideal location for those who enjoy the outdoors and want to live in a place that offers a peaceful and relaxed atmosphere.

At the same time, Oakley is just 45 miles east of San Francisco and 50 miles west of Sacramento. So it’s well suited for homeowners who seek the conveniences and cultural attractions of major cities, while still enjoying a more relaxed, suburban lifestyle.

A Relatively Affordable Market for First-Time Buyers

When this article was published, in early 2023, the median home value for Oakley, California was around $763,000. That’s based on data provided by Zillow. In contrast, the median price for the broader Bay Area region as a whole was north of $1 million. This makes the Oakley real estate market a good choice for home buyers with limited budgets.

Also, the city offers a wide range of housing options, from single-family homes to townhouses. So there is something for just about everyone.

Quality Schools for a First-Rate Education

Oakley is served by quality schools, including the Oakley Union Elementary School District and the Liberty Union High School District. This is one of the reasons why it attracts home buyers who have school-age children.  Like much of the Bay Area, the schools in Oakley are known for their strong academic programs, dedicated teachers, and supportive communities.

A Growing Economy with Good Job Opportunities

Oakley has a growing economy that is largely based on retail, manufacturing, and construction. In recent years, the city has experienced significant growth in these and other industries. This makes it an attractive location for those looking for job opportunities and a stable economic environment.

The city’s business community is thriving, and there are numerous opportunities for those looking to start a business or pursue a career in a growing industry.

Tips for House Hunting in Oakley

While the city of Oakley is more affordable than many Bay Area cities, the real estate market can be just as competitive. Housing market supply tends to run low in this area, when compared to the demand from buyers.

Because of this, you’ll want to hit the ground running when you begin your home search in Oakley, California. If you’re going to use a mortgage loan, this means getting pre-approved ahead of time so you can make yourself more competitive in the market.

It’s also a good idea to research current housing trends, including sale prices within the Oakley real estate market. This will help you make a smarter offer later on, when it comes time to do so.

While you’re at it, research some of the housing options and real estate markets in other parts of Contra Costa County and the East Bay region. This part of the Bay Area offers some of the more affordable housing options for buyers, so you could benefit by expanding your search area to include surrounding cities.

Need a Mortgage Loan to Buy in the East Bay?

Bridgepoint Funding is a local mortgage company based right here in the East Bay. We have been serving home buyers and homeowners in the region for nearly 20 years.

If you’re thinking about buying a home in Oakley, California, and you need mortgage financing to make that happen, please contact our knowledgeable staff. We can provide you with a mortgage quote along with the pre-approval letter, giving you an added advantage in the real estate market.