Market Overview
Home Prices in Oakfield, WI
The median home value in Oakfield, WI is $342,835 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakfield are priced16% below average. Oakfield is part of the Fond du Lac, WI metro area.
Over the past five years, Oakfield home values have risen by approximately36.7%, reflecting strong long-term appreciation in this market.
Price History
Oakfield Home Price Trend
City Comparison
Oakfield vs. National Median
At $342,835, homes in Oakfield cost 16% 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
$68,567
on $342,835
Monthly P&I
$1,788/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,271/mo
incl. taxes & insurance
Income Needed
$90,840
gross annual (30% rule)
10% Down Option
$34,284
+ PMI applies
Loan Amount (20% dn)
$274,268
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, WI?
The median home value in Oakfield is $342,835 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 Oakfield?
Over the past year, home values in Oakfield have increased by 3.7%. Over five years, prices have risen approximately 36.7%.
How much do I need to earn to buy a home in Oakfield?
To comfortably afford the median home price of $342,835 with a 20% down payment ($68,567) at today's rates (6.8%), you'd need a gross annual income of approximately $90,840. 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 $342,835, homes in Oakfield are 16% below the national average.
What metro area is Oakfield part of?
Oakfield is part of the Fond du Lac, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.