Median Sales Price in North Oaks: What will it Buy?

Posted by Kris Lindahl on Wednesday, February 4th, 2015 at 10:59am.

Last week we took a look at the latest North Oaks real estate market statistics and I thought it might be interesting to take a look at just how much house that money will buy in today’s market.

 Remember, “median” denotes the price in the middle of the range, with half the homes priced lower and half priced higher. In December 2014, the median sales price of a North Oaks home was $655,856.

While there are currently no homes priced right at that number, let’s look at the three that come closest. Since all three homes happen to be in Charley Lake Preserve, a new home community, we’ve decided to lump them together.

New Home Community in North Oaks

Charley Lake Preserve is offering 11 floor plans that range in size from 4 to 5 bedrooms, 2.5 to 3.5 bathrooms and from 2,711 to 4,197 square feet of living space.

The Seaton, Evanston and Norwich plans are priced closest to the city’s median sales price. The community is in close proximity to Charley Lake and offers private, wooded homesites. The homes will have large backyards and homeowners will be offered discounted membership rates at North Oaks Golf Club. Homes are priced from $590,000 to $725,000.

Lake Views in North Oaks

This home was built in 1977 and offers lots of room. It features 4 bedrooms and 4 bathrooms in 4,227 square feet of living space. The master bathroom has been remodeled to include a steam shower and the kitchen has also been updated.

The home sits on more than 1.5 acres of land between Pleasant Lake and Charley Lake and offers lake views and a 3-car garage. It is being offered at $649,900.

Architecturally-Designed Beauty in North Oaks

Located on the east side of Pleasant Lake, this home offers 4 bedrooms, 3 full bathrooms and 1 half bathroom in 4,747 square feet. It was renovated in 2005 and includes a new addition. The roof was replaced in 2011.

The floor plan is open and flowing and the entire home features high-end finishes, such as the fireplace in the master suite and the wall of glass in the living room. The kitchen is a chef’s delight, with a center island with a cooktop and gleaming wood floors.

This home sits on 1.73 acres and is being offered at $649,900.

If you’re shopping for a home for sale in North Oaks, check us out next week when we take a look at the lowest and the highest priced homes in North Oaks.




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