Market Overview
Home Prices in Oakland, OK
The median home value in Oakland, OK is $133,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.4% compared to a year ago and down 10.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakland are priced67% below average.
Over the past five years, Oakland home values have risen by approximately13.4%, reflecting steady appreciation in this market.
Price History
Oakland Home Price Trend
2020
$97,406
$97K
—
2021
$118,108
$118K
+21.3%
2022
$122,632
$123K
+3.8%
2023
$135,898
$136K
+10.8%
2024
$135,437
$135K
-0.3%
2025
$121,380
$121K
-10.4%
2026
$133,975
$134K
+10.4%
City Comparison
Oakland vs. National Median
🏠 Oakland
$133,975
National Median
$410,000
At $133,975, homes in Oakland cost 67% below the national median of $410,000. This makes Oakland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oakland?
20% Down Payment
$26,795
on $133,975
Monthly P&I
$699/mo
30-yr @ 6.8%
Total Monthly Est.
~$888/mo
incl. taxes & insurance
Income Needed
$35,520
gross annual (30% rule)
10% Down Option
$13,398
+ PMI applies
Loan Amount (20% dn)
$107,180
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 Oakland, OK?
The median home value in Oakland is $133,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.4% year-over-year.
How much have home prices changed in Oakland?
Over the past year, home values in Oakland have increased by 10.4%. Over five years, prices have risen approximately 13.4%.
How much do I need to earn to buy a home in Oakland?
To comfortably afford the median home price of $133,975 with a 20% down payment ($26,795) at today's rates (6.8%), you'd need a gross annual income of approximately $35,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Oakland compare to the national average home price?
The national median home value is approximately $410,000. At $133,975, homes in Oakland are 67% below the national average.