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Featured local agent — Oakmont, PA
Sarah Mitchell
Compass Real Estate · Oakmont, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oakmont, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$507,500median sale price
How is the Oakmont, PA housing market right now?
The median home sale price in Oakmont, PA is $507,500, up 64.0% year-over-year. Homes sell in an average of 35 days with 31 active listings. The market is currently a buyer'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 Oakmont a buyer's or seller's market?
Oakmont, PA is currently a buyer's market, based on 7.8 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
35
Average pace
Active listings
31
7.8 months supply
Sale-to-list
98.5%
Below asking
What does the Oakmont housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $507,500 |
| Median list price | $429,900 |
| Year-over-year price change | +64.0% |
| Average days on market | 35 days |
| Active inventory | 31 listings |
| Months of supply | 7.8 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $253/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 13 |
| Listings with a price cut | 22.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Oakmont by property type?
How the Oakmont, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $405,000 | $234/sq ft | 3 | 37 days |
| Condo / Co-op | $356,000 | $157/sq ft | 1 | 43 days |
| Townhouse | $610,000 | $272/sq ft | 1 | 33 days |
Source: Redfin · Updated monthly
The Oakmont housing market is currently classified as a buyer's market with a median sale price of $507,500. Prices have risen 64.0% compared to last year, with homes spending an average of 35 days on market, indicating 7.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Oakmont
There are currently 31 homes listed for sale in Oakmont, Pennsylvania. The median listing price is $430K.
Active listings
31
Homes on market
Median list price
$430K
Avg. days on market
35
Days until sale
New this week
13
Newly listed
Who lives in Oakmont?
Population
6,712
Median income
$89,055/yr
Median age
45.1 years
Owner-occupied
58.1%
College grads
57.0%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Oakmont?
Zillow home value
$351,201
Zillow rent index
$1,160/mo
Price-to-rent ratio
25.2x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Oakmont?
Oakmont is a community of approximately 7K residents with a median age of 45.1 years.The median household income is $89,055, which reflects a relatively affluent area with strong earning potential. 57.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 58.1%, showing a blend of owner and renter-occupied properties. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oakmont offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oakmont?
2 schools tracked · 809 students
The largest public schools serving Oakmont, PA 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.
Riverview JSHS
Grades 7-12 · 419 students
Tenth Street El Sch
Grades K-6 · 390 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 Oakmont, PA?
Want a head-to-head view? Compare Oakmont side-by-side with any other U.S. city using our market-comparison tool.
Is Oakmont a good real estate investment market?
For investors evaluating Oakmont, the price-to-rent ratio of 25.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 64.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oakmont's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oakmont's median home price.
Frequently asked questions
What is the average home price in Oakmont?
The median home sale price in Oakmont is $507,500, up 64.0% from last year.
How long do homes stay on market in Oakmont?
Homes typically spend 35 days on market before going under contract.
What is the median income in Oakmont?
The median household income is $89,055 per year.
Is Oakmont a buyer's or seller's market?
With 7.8 months of supply, Oakmont is currently a buyer's market.
What is the Zillow home value estimate for Oakmont?
The Zillow Home Value Index (ZHVI) for Oakmont is $351,201, representing the typical home value in the area.
What is the median condo price in Oakmont?
The median condo/co-op sale price in Oakmont, PA is $356,000, compared to $405,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oakmont?
The median single-family home price in Oakmont, PA is $405,000 (about $234 per square foot).
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