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Sarah Mitchell

CNESRESABR

Compass Real Estate · Oak Creek, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Oak Creek, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Oak Creek, WI Housing Market & Real Estate

Seller's market-9.9% YoY

Housing market overview · Updated monthly ·

$376,000median sale price

How is the Oak Creek, WI housing market right now?

The median home sale price in Oak Creek, WI is $376,000, down 9.9% year-over-year. Homes sell in an average of 31 days with 63 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 Creek a buyer's or seller's market?

Seller's market2.6 months of supply31 avg. days on market

Oak Creek, WI is currently a seller's market, based on 2.6 months of supply and homes selling in about 31 days. How we determine this →

Homes sold

24

Last 12 weeks

Days on market

31

Average pace

Active listings

63

2.6 months supply

Sale-to-list

102.3%

Above asking

What does the Oak Creek housing market data show?

Current housing market statistics for Oak Creek, WI
MetricValue
Median sale price$376,000
Median list price$399,900
Year-over-year price change-9.9%
Average days on market31 days
Active inventory63 listings
Months of supply2.6 months
Sale-to-list price ratio102.3%
Median price per sq ft$243/sq ft
Homes sold (latest month)24
New listings (latest month)45
Listings with a price cut15.9%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Oak Creek by property type?

How the Oak Creek, WI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Oak Creek, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$445,500$247/sq ft1629 days
Condo / Co-op$245,000$202/sq ft831 days

Source: Redfin · Updated monthly

The Oak Creek housing market is currently classified as a seller's market with a median sale price of $376,000. Prices have fallen 9.9% compared to last year, with homes spending an average of 31 days on market, indicating 2.6 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 4.5x provides context for how home values compare to local earning capacity.

Homes for sale in Oak Creek

There are currently 63 homes listed for sale in Oak Creek, Wisconsin. The median listing price is $400K.

Active listings

63

Homes on market

Median list price

$400K

Avg. days on market

31

Days until sale

New this week

45

Newly listed

Price drops:15.9%of listings
Sale-to-list:102.3%

Who lives in Oak Creek?

Population

36,473

Median income

$93,120/yr

Median age

38.9 years

Owner-occupied

59.4%

College grads

38.4%

Avg commute

22.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Oak Creek?

Zillow home value

$419,277

Zillow rent index

$1,682/mo

Price-to-rent ratio

20.8x

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Oak Creek?

Oak Creek is a community of approximately 36K residents with a median age of 38.9 years.The median household income is $93,120, which reflects a relatively affluent area with strong earning potential. 38.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 59.4%, showing a blend of owner and renter-occupied properties. The average commute time is 22.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oak Creek offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Oak Creek?

11 schools tracked · 6,527 students

The largest public schools serving Oak Creek, WI 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.

Oak Creek High

Grades 9-12 · 2,223 students

Public

Oak Creek East Middle

Grades 6-8 · 895 students

Public

Oak Creek West Middle

Grades 6-8 · 537 students

Public

Forest Ridge Elementary

Grades PK-5 · 422 students

Public

Shepard Hills Elementary

Grades PK-5 · 421 students

Public

Carollton Elementary

Grades PK-5 · 385 students

Public

Edgewood Elementary

Grades PK-5 · 382 students

Public

Deerfield Elementary

Grades PK-5 · 372 students

Public

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 Oak Creek, WI?

Want a head-to-head view? Compare Oak Creek side-by-side with any other U.S. city using our market-comparison tool.

Is Oak Creek a good real estate investment market?

For investors evaluating Oak Creek, the price-to-rent ratio of 20.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 9.9% 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 Oak Creek's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oak Creek's median home price.

Frequently asked questions

What is the average home price in Oak Creek?

The median home sale price in Oak Creek is $376,000, down 9.9% from last year.

How long do homes stay on market in Oak Creek?

Homes typically spend 31 days on market before going under contract.

What is the median income in Oak Creek?

The median household income is $93,120 per year.

Is Oak Creek a buyer's or seller's market?

With 2.6 months of supply, Oak Creek is currently a seller's market.

What is the Zillow home value estimate for Oak Creek?

The Zillow Home Value Index (ZHVI) for Oak Creek is $419,277, representing the typical home value in the area.

What is the median condo price in Oak Creek?

The median condo/co-op sale price in Oak Creek, WI is $245,000, compared to $445,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Oak Creek?

The median single-family home price in Oak Creek, WI is $445,500 (about $247 per square foot).

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