Market Overview
Home Prices in Oakfield, NY
The median home value in Oakfield, NY is $192,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakfield are priced53% below average. Oakfield is part of the Batavia, NY metro area.
Price History
Oakfield Home Price Trend
2024
$174,153
$174K
—
2025
$180,563
$181K
+3.7%
2026
$192,771
$193K
+6.8%
City Comparison
Oakfield vs. National Median
🏠 Oakfield
$192,771
National Median
$410,000
At $192,771, homes in Oakfield cost 53% below the national median of $410,000. This makes Oakfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oakfield?
20% Down Payment
$38,554
on $192,771
Monthly P&I
$1,005/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,276/mo
incl. taxes & insurance
Income Needed
$51,040
gross annual (30% rule)
10% Down Option
$19,277
+ PMI applies
Loan Amount (20% dn)
$154,217
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 Oakfield, NY?
The median home value in Oakfield is $192,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Oakfield?
Over the past year, home values in Oakfield have increased by 6.8%.
How much do I need to earn to buy a home in Oakfield?
To comfortably afford the median home price of $192,771 with a 20% down payment ($38,554) at today's rates (6.8%), you'd need a gross annual income of approximately $51,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Oakfield compare to the national average home price?
The national median home value is approximately $410,000. At $192,771, homes in Oakfield are 53% below the national average.
What metro area is Oakfield part of?
Oakfield is part of the Batavia, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.