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Does the Oceanside Airport affect property values in the surrounding residential areas?

April 26, 2017affect areas oceanside airport Property Residential surrounding values

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Does the Oceanside Airport affect property values in the surrounding residential areas?

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Because the Oceanside Airport is, and will remain, a very small airport, it has never affected property values in the past. The new homes, directly north of the airport, sold for approximately $240,000 in 1997. In 2001 they were selling for about $400,000. That is a 60% increase, which appears to be a typical increase for most properties in Oceanside. It is the economic forces of supply and demand, not the Oceanside airport that affects property values. Actually, some people choose to house-hunt and move to Oceanside because we do have an airport.