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Featured local agent — Oak Grove, VA
Sarah Mitchell
Compass Real Estate · Oak Grove, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Grove, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$462,000median sale price
How is the Oak Grove, VA housing market right now?
The median home sale price in Oak Grove, VA is $462,000, down 26.7% year-over-year. Homes sell in an average of 68 days with 1 active listings. The market is currently a 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 Oak Grove a buyer's or seller's market?
Oak Grove, VA is currently a seller's market, based on 1.0 months of supply and homes selling in about 68 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
68
Average pace
Active listings
1
1.0 months supply
Sale-to-list
97.3%
Below asking
What does the Oak Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $462,000 |
| Median list price | $625,000 |
| Year-over-year price change | -26.7% |
| Average days on market | 68 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $311/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Grove by property type?
How the Oak Grove, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $845,000 | $233/sq ft | 1 | 29 days |
| Townhouse | $462,000 | $311/sq ft | 1 | 68 days |
Source: Redfin · Updated monthly
The Oak Grove housing market is currently classified as a seller's market with a median sale price of $462,000. Prices have fallen 26.7% compared to last year, with homes spending an average of 68 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.
Homes for sale in Oak Grove
There are currently 1 homes listed for sale in Oak Grove, Virginia. The median listing price is $625K.
Active listings
1
Homes on market
Median list price
$625K
Avg. days on market
68
Days until sale
New this week
1
Newly listed
Who lives in Oak Grove?
Population
2,452
Median income
$193,526/yr
Median age
33 years
Owner-occupied
56.5%
College grads
72.2%
Avg commute
36.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Oak Grove?
Oak Grove is a community of approximately 2K residents with a median age of 33 years.The median household income is $193,526, which reflects a relatively affluent area with strong earning potential. 72.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 56.5%, showing a blend of owner and renter-occupied properties. The average commute time is 36.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oak Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oak Grove, VA?
Want a head-to-head view? Compare Oak Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oak Grove?
The median home sale price in Oak Grove is $462,000, down 26.7% from last year.
How long do homes stay on market in Oak Grove?
Homes typically spend 68 days on market before going under contract.
What is the median income in Oak Grove?
The median household income is $193,526 per year.
Is Oak Grove a buyer's or seller's market?
With 1.0 months of supply, Oak Grove is currently a seller's market.
How much does a single-family home cost in Oak Grove?
The median single-family home price in Oak Grove, VA is $845,000 (about $233 per square foot).
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