Brokers — List your Company Here
Featured local agent — Oakfield, NY
Sarah Mitchell
Compass Real Estate · Oakfield, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Oakfield, NY Housing Market
The typical home in Oakfield, NY is worth $196,252, rose 10.8% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $178,000, +22.8% year over year (through May 2026). With homes going under contract in about 37 days, Oakfield is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $196,252 home is about $1,009/mo in principal and interest.
Key numbers for Oakfield, NY
Typical home value
$196,252
+10.8% in 12 months
Zillow, July 2026
Median sale price
$178,000
+22.8% year over year
Redfin, through March 2026
Days on market
37
Average pace
Redfin, through March 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$65,833
Home costs 3.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.0%
Selling below asking
Redfin, through March 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Oakfield a buyer's or seller's market?
Oakfield, NY is a leaning buyer's and homes selling in about 37 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Oakfield housing market data show?
Every row below is Redfin's final published month for Oakfield, NY. Redfin, through March 2026
| Metric | Value |
|---|---|
| Median sale price | $178,000 |
| Year-over-year price change | +22.8% |
| Median price per sq ft | $122/sq ft |
| Median days on market | 37 days |
| Sale-to-list price ratio | 94.0% |
| Homes sold (that month) | 4 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Oakfield is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Oakfield is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Oakfield home prices moved?
Over the last three years the median sale price in Oakfield, NY rose 9.9%, from $161,999 to $178,000. The live Zillow value series has rose 10.8% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through March 2026 — the chart ends at Redfin's final published month.
Get Oakfield market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Oakfield?
Priced off the typical home value of $196,252 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $39,250 | $157,001 | $1,009/mo |
| 5% | $9,813 | $186,439 | $1,198/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,009, that implies roughly $43,240 a year before you add taxes and insurance. The median household in Oakfield earns $65,833, about $22,593 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.0x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Oakfield in the next 12 months?
Tell us your timeline. We send the Oakfield market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Oakfield?
Zillow does not publish a rent index (ZORI) for Oakfield, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Oakfield?
Active listings in Oakfield, NY went from 3 in July 2024 to 1 in December 2025, a -66.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| August 2024 | 3 | 1 |
| October 2024 | 2 | 1 |
| November 2024 | 3 | 1 |
| December 2024 | 3 | 1 |
| February 2025 | 2 | 1 |
| March 2025 | 1 | 2 |
| April 2025 | 1 | 1 |
| May 2025 | 1 | 2 |
| August 2025 | 1 | 1 |
| September 2025 | 1 | 1 |
| November 2025 | 1 | 2 |
| December 2025 | 1 | 3 |
Redfin, through December 2025
How does Oakfield compare to New York and the U.S.?
Oakfield homes sell for $178,000 — 71% below the New York median of $620,500. Against the national median of $410,700, Oakfield runs 57% lower. Year-over-year, Oakfield moved +22.8% against New York's +5.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Oakfield, NY | $178,000 | +22.8% | 37 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Oakfield
What buyers should watch
- The gap between 5% and 20% down here is $189 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $196,252 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Oakfield listing goes under contract in 37 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +10.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Oakfield varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Oakfield
Explore homes currently listed for sale in Oakfield, New York across major real estate platforms.
How much do homes cost in Oakfield by property type?
How the Oakfield, NY market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $178,000 | $122/sq ft | 4 | 37 days |
| Townhouse | $100,000 | $58/sq ft | 1 | 183 days |
Who lives in Oakfield?
American Community Survey estimates for Oakfield. U.S. Census ACS, 2023
Population
1,683
Households
624
Median income
$65,833/yr
Median age
38.1 years
Owner-occupied
67.5%
Median home value
$131,200
Median gross rent
$720/mo
Mean commute
26.1 min
67.5% of occupied homes in Oakfield are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $131,200 against Zillow's $196,252 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Oakfield?
2 schools tracked · 702 students
The largest public schools serving Oakfield, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
OAKFIELD-ALABAMA MIDDLE SCHOOL HIGH SCHOOL
Grades 6-12 · 375 students
OAKFIELD-ALABAMA ELEMENTARY SCHOOL
Grades PK-5 · 327 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Oakfield, NY?
Ordered by distance from Oakfield, not by size. Compare Oakfield side by side with any of them.
Oakfield housing market FAQ
Is Oakfield a buyer's or seller's market?
Oakfield, NY is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Oakfield?
The typical home in Oakfield, NY is worth $196,252 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $178,000, about $122 per square foot.
Is Oakfield cheaper than the rest of New York?
Oakfield's median sale price of $178,000 is 71% lower than the New York statewide median of $620,500, and 57% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Oakfield?
Homes in Oakfield, NY spent a median of 37 days on market before going under contract, versus 42 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Oakfield?
At the current 30-year fixed rate of 6.66%, 20% down on a $196,252 home is about $1,009 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $43,240 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $65,833.
Are home prices rising in Oakfield?
The typical home value in Oakfield, NY rose 10.8% over the last 12 months, from $177,092 to $196,252 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Oakfield?
Oakfield ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Oakfield?
That depends on your timeline, not on a headline. What the data says today: Oakfield, NY is a leaning buyer's, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Oakfield, NY
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Oakfield
Nearby markets
Get the Oakfield market brief
Get the Oakfield, NY market brief
One email: what homes are actually clearing at around $196,252, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.