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.
People can keep up with the Oakdale real estate market by following blogs from local Realtors on Patch:
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.