Market Overview
Home Prices in Oakdale, MN
The median home value in Oakdale, MN is $362,942 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakdale are priced11% below average. Oakdale is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Oakdale home values have risen by approximately15.7%, reflecting steady appreciation in this market.
Price History
Oakdale Home Price Trend
City Comparison
Oakdale vs. National Median
At $362,942, homes in Oakdale cost 11% below the national median of $410,000. This makes Oakdale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oakdale?
20% Down Payment
$72,588
on $362,942
Monthly P&I
$1,893/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,404/mo
incl. taxes & insurance
Income Needed
$96,160
gross annual (30% rule)
10% Down Option
$36,294
+ PMI applies
Loan Amount (20% dn)
$290,354
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 Oakdale, MN?
The median home value in Oakdale is $362,942 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Oakdale?
Over the past year, home values in Oakdale have increased by 4.2%. Over five years, prices have risen approximately 15.7%.
How much do I need to earn to buy a home in Oakdale?
To comfortably afford the median home price of $362,942 with a 20% down payment ($72,588) at today's rates (6.8%), you'd need a gross annual income of approximately $96,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Oakdale compare to the national average home price?
The national median home value is approximately $410,000. At $362,942, homes in Oakdale are 11% below the national average.
What metro area is Oakdale part of?
Oakdale is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.