Real Estate
Oakdale Makes Money Magazine List for Affordable Homes
Homes in town are very reasonably priced, even for the Midwest, Mayor Carmen Sarrack told the magazine.
Oakdale has made Money Magazine’s list of “Where homes are affordable” in its 2013 Best Places to Live series.
The city comes in at No. 15, with a median home price of $130,000 and a median family income of $82,547, according to Money Magazine.
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On the affordable home list, Altamonte Springs, Fla., came in at No. 1. From the description for Oakdale on the Money Magazine website:
This town’s economy centers around the $30 billion conglomerate 3M, as well as Imation, its tech storage and data security spin-off. The companies offer a range of jobs from blue collar to executive positions, making Oakdale an attractive place to live, according to Mayor Carmen Sarrack.
Oakdale also has an extensive park system that includes a 200-acre nature preserve with hiking trails and a discovery center. There is a free concert series there every summer, hosted by the city.
Homes in town are very reasonably priced, even for the Midwest, said Sarrack. Townhouses cost about $80,000, while a two-bedroom, 2,500 square-foot home on a golf course goes for about $400,000 or so.
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