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Featured local agent — Oak Creek, WI
Sarah Mitchell
Compass Real Estate · Oak Creek, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Creek, WI Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $376,000 |
| Median list price | $399,900 |
| Year-over-year price change | -9.9% |
| Average days on market | 31 days |
| Active inventory | 63 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 102.3% |
| Median price per sq ft | $243/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 45 |
| Listings with a price cut | 15.9% |
| Market condition | Seller'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $445,500 | $247/sq ft | 16 | 29 days |
| Condo / Co-op | $245,000 | $202/sq ft | 8 | 31 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
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
Oak Creek East Middle
Grades 6-8 · 895 students
Oak Creek West Middle
Grades 6-8 · 537 students
Forest Ridge Elementary
Grades PK-5 · 422 students
Shepard Hills Elementary
Grades PK-5 · 421 students
Carollton Elementary
Grades PK-5 · 385 students
Edgewood Elementary
Grades PK-5 · 382 students
Deerfield Elementary
Grades PK-5 · 372 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 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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