Market Overview
Home Prices in Oak Grove, TX
The median home value in Oak Grove, TX is $330,558 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oak Grove are priced19% below average. Oak Grove is part of the Dallas-Fort Worth-Arlington, TX metro area.
Price History
Oak Grove Home Price Trend
2022
$333,641
$334K
—
2023
$323,621
$324K
-3.0%
2024
$325,610
$326K
+0.6%
2025
$326,771
$327K
+0.4%
2026
$330,558
$331K
+1.2%
City Comparison
Oak Grove vs. National Median
🏠 Oak Grove
$330,558
National Median
$410,000
At $330,558, homes in Oak Grove cost 19% below the national median of $410,000. This makes Oak Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oak Grove?
20% Down Payment
$66,112
on $330,558
Monthly P&I
$1,724/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,189/mo
incl. taxes & insurance
Income Needed
$87,560
gross annual (30% rule)
10% Down Option
$33,056
+ PMI applies
Loan Amount (20% dn)
$264,446
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 Oak Grove, TX?
The median home value in Oak Grove is $330,558 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Oak Grove?
Over the past year, home values in Oak Grove have increased by 1.2%.
How much do I need to earn to buy a home in Oak Grove?
To comfortably afford the median home price of $330,558 with a 20% down payment ($66,112) at today's rates (6.8%), you'd need a gross annual income of approximately $87,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Oak Grove compare to the national average home price?
The national median home value is approximately $410,000. At $330,558, homes in Oak Grove are 19% below the national average.
What metro area is Oak Grove part of?
Oak Grove is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.