Market Overview
Home Prices in Oakley, KS
The median home value in Oakley, KS is $172,157 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and up 8.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakley are priced58% below average.
Over the past five years, Oakley home values have risen by approximately33.5%, reflecting strong long-term appreciation in this market.
Price History
Oakley Home Price Trend
2020
$133,146
$133K
—
2021
$128,979
$129K
-3.1%
2022
$145,297
$145K
+12.7%
2023
$146,707
$147K
+1.0%
2024
$149,438
$149K
+1.9%
2025
$162,180
$162K
+8.5%
2026
$172,157
$172K
+6.2%
City Comparison
Oakley vs. National Median
🏠 Oakley
$172,157
National Median
$410,000
At $172,157, homes in Oakley cost 58% below the national median of $410,000. This makes Oakley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oakley?
20% Down Payment
$34,431
on $172,157
Monthly P&I
$898/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,140/mo
incl. taxes & insurance
Income Needed
$45,600
gross annual (30% rule)
10% Down Option
$17,216
+ PMI applies
Loan Amount (20% dn)
$137,726
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Oakley, KS?
The median home value in Oakley is $172,157 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Oakley?
Over the past year, home values in Oakley have increased by 6.2%. Over five years, prices have risen approximately 33.5%.
How much do I need to earn to buy a home in Oakley?
To comfortably afford the median home price of $172,157 with a 20% down payment ($34,431) at today's rates (6.8%), you'd need a gross annual income of approximately $45,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Oakley compare to the national average home price?
The national median home value is approximately $410,000. At $172,157, homes in Oakley are 58% below the national average.