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Featured local agent — Oakton, VA
Sarah Mitchell
Compass Real Estate · Oakton, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oakton, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$684,808median sale price
How is the Oakton, VA housing market right now?
The median home sale price in Oakton, VA is $684,808, down 18.0% year-over-year. Homes sell in an average of 13 days with 96 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 Oakton a buyer's or seller's market?
Oakton, VA is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
48
Last 12 weeks
Days on market
13
Fast-moving
Active listings
96
2.0 months supply
Sale-to-list
101.0%
Above asking
What does the Oakton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $684,808 |
| Median list price | $732,400 |
| Year-over-year price change | -18.0% |
| Average days on market | 13 days |
| Active inventory | 96 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $376/sq ft |
| Homes sold (latest month) | 48 |
| New listings (latest month) | 74 |
| Listings with a price cut | 24.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oakton by property type?
How the Oakton, 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 | $1.26M | $362/sq ft | 11 | 13 days |
| Condo / Co-op | $360,000 | $333/sq ft | 19 | 36 days |
| Townhouse | $699,500 | $416/sq ft | 18 | 6 days |
Source: Redfin · Updated monthly
The Oakton housing market is currently classified as a strong seller's market with a median sale price of $684,808. Prices have fallen 18.0% compared to last year, with homes spending an average of 13 days on market, indicating 2.0 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 6.9x provides context for how home values compare to local earning capacity.
Homes for sale in Oakton
There are currently 96 homes listed for sale in Oakton, Virginia. The median listing price is $732K.
Active listings
96
Homes on market
Median list price
$732K
Avg. days on market
13
Days until sale
New this week
74
Newly listed
Who lives in Oakton?
Population
36,776
Median income
$163,662/yr
Median age
40 years
Owner-occupied
67.5%
College grads
74.7%
Avg commute
30.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Oakton?
Zillow home value
$1.13M
Zillow rent index
$3,116/mo
Price-to-rent ratio
30.3x
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Oakton?
Oakton is a community of approximately 37K residents with a median age of 40 years.The median household income is $163,662, which reflects a relatively affluent area with strong earning potential. 74.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oakton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oakton?
2 schools tracked · 1,594 students
The largest public schools serving Oakton, VA 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.
Waples Mill Elementary
Grades PK-6 · 820 students
Oakton Elementary
Grades PK-6 · 774 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 Oakton, VA?
Want a head-to-head view? Compare Oakton side-by-side with any other U.S. city using our market-comparison tool.
Is Oakton a good real estate investment market?
For investors evaluating Oakton, the price-to-rent ratio of 30.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 18.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oakton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oakton's median home price.
Frequently asked questions
What is the average home price in Oakton?
The median home sale price in Oakton is $684,808, down 18.0% from last year.
How long do homes stay on market in Oakton?
Homes typically spend 13 days on market before going under contract.
What is the median income in Oakton?
The median household income is $163,662 per year.
Is Oakton a buyer's or seller's market?
With 2.0 months of supply, Oakton is currently a strong seller's market.
What is the Zillow home value estimate for Oakton?
The Zillow Home Value Index (ZHVI) for Oakton is $1.13M, representing the typical home value in the area.
What is the median condo price in Oakton?
The median condo/co-op sale price in Oakton, VA is $360,000, compared to $1.26M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oakton?
The median single-family home price in Oakton, VA is $1.26M (about $362 per square foot).
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