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Featured local agent — Oakland, MO
Sarah Mitchell
Compass Real Estate · Oakland, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oakland, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$470,000median sale price
How is the Oakland, MO housing market right now?
The median home sale price in Oakland, MO is $470,000, down 13.0% year-over-year. Homes sell in an average of 2 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oakland a buyer's or seller's market?
Oakland, MO is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
2
Fast-moving
Active listings
2
1.0 months supply
Sale-to-list
102.6%
Above asking
What does the Oakland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $470,000 |
| Median list price | $499,900 |
| Year-over-year price change | -13.0% |
| Average days on market | 2 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $240/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oakland by property type?
How the Oakland, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $470,000 | $240/sq ft | 2 | 2 days |
| Condo / Co-op | $435,000 | $171/sq ft | 1 | 37 days |
Source: Redfin · Updated monthly
The Oakland housing market is currently classified as a strong seller's market with a median sale price of $470,000. Prices have fallen 13.0% compared to last year, with homes spending an average of 2 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Oakland
There are currently 2 homes listed for sale in Oakland, Missouri. The median listing price is $500K.
Active listings
2
Homes on market
Median list price
$500K
Avg. days on market
2
Days until sale
New this week
3
Newly listed
Who lives in Oakland?
Population
1,619
Median income
$118,438/yr
Median age
52.5 years
Owner-occupied
75.8%
College grads
58.1%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Oakland?
Zillow home value
$476,295
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Oakland?
Oakland is a community of approximately 2K residents with a median age of 52.5 years.The median household income is $118,438, which reflects a relatively affluent area with strong earning potential. 58.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oakland offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oakland, MO?
Want a head-to-head view? Compare Oakland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oakland?
The median home sale price in Oakland is $470,000, down 13.0% from last year.
How long do homes stay on market in Oakland?
Homes typically spend 2 days on market before going under contract.
What is the median income in Oakland?
The median household income is $118,438 per year.
Is Oakland a buyer's or seller's market?
With 1.0 months of supply, Oakland is currently a strong seller's market.
What is the Zillow home value estimate for Oakland?
The Zillow Home Value Index (ZHVI) for Oakland is $476,295, representing the typical home value in the area.
What is the median condo price in Oakland?
The median condo/co-op sale price in Oakland, MO is $435,000, compared to $470,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oakland?
The median single-family home price in Oakland, MO is $470,000 (about $240 per square foot).
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