Market Overview
Home Prices in Oakville, WA
The median home value in Oakville, WA is $402,258 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakville are priced2% below average. Oakville is part of the Aberdeen, WA metro area.
Over the past five years, Oakville home values have risen by approximately4.0%, reflecting modest growth in this market.
Price History
Oakville Home Price Trend
2020
$304,971
$305K
—
2021
$386,839
$387K
+26.8%
2022
$429,725
$430K
+11.1%
2023
$394,673
$395K
-8.2%
2024
$400,736
$401K
+1.5%
2025
$394,115
$394K
-1.7%
2026
$402,258
$402K
+2.1%
City Comparison
Oakville vs. National Median
🏠 Oakville
$402,258
National Median
$410,000
At $402,258, homes in Oakville cost 2% below the national median of $410,000. This makes Oakville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oakville?
20% Down Payment
$80,452
on $402,258
Monthly P&I
$2,098/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,664/mo
incl. taxes & insurance
Income Needed
$106,560
gross annual (30% rule)
10% Down Option
$40,226
+ PMI applies
Loan Amount (20% dn)
$321,806
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 Oakville, WA?
The median home value in Oakville is $402,258 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Oakville?
Over the past year, home values in Oakville have increased by 2.1%. Over five years, prices have risen approximately 4.0%.
How much do I need to earn to buy a home in Oakville?
To comfortably afford the median home price of $402,258 with a 20% down payment ($80,452) at today's rates (6.8%), you'd need a gross annual income of approximately $106,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Oakville compare to the national average home price?
The national median home value is approximately $410,000. At $402,258, homes in Oakville are 2% below the national average.
What metro area is Oakville part of?
Oakville is part of the Aberdeen, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.