Market Overview
Home Prices in Oakwood Park, MO
The median home value in Oakwood Park, MO is $281,093 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakwood Park are priced31% below average. Oakwood Park is part of the Kansas City, MO-KS metro area.
Over the past five years, Oakwood Park home values have risen by approximately27.4%, reflecting strong long-term appreciation in this market.
Price History
Oakwood Park Home Price Trend
City Comparison
Oakwood Park vs. National Median
At $281,093, homes in Oakwood Park cost 31% below the national median of $410,000. This makes Oakwood Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oakwood Park?
20% Down Payment
$56,219
on $281,093
Monthly P&I
$1,466/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,862/mo
incl. taxes & insurance
Income Needed
$74,480
gross annual (30% rule)
10% Down Option
$28,109
+ PMI applies
Loan Amount (20% dn)
$224,874
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 Oakwood Park, MO?
The median home value in Oakwood Park is $281,093 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Oakwood Park?
Over the past year, home values in Oakwood Park have increased by 3.7%. Over five years, prices have risen approximately 27.4%.
How much do I need to earn to buy a home in Oakwood Park?
To comfortably afford the median home price of $281,093 with a 20% down payment ($56,219) at today's rates (6.8%), you'd need a gross annual income of approximately $74,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Oakwood Park compare to the national average home price?
The national median home value is approximately $410,000. At $281,093, homes in Oakwood Park are 31% below the national average.
What metro area is Oakwood Park part of?
Oakwood Park is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.