Oakfield, NY—14125
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakfield, NY
As of Oct '25, the median home price in Oakfield, NY is $178,000, with a year-over-year change of 2.4%. This indicates that home prices in Oakfield, NY are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $178,000 | 2.4% |
| Single Family | $178,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $162,000 | 1.9% |
3 Bed | $179,000 | 2.3% |
4 Bed | $195,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oakfield, NY
Oakfield, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oakfield, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakfield, NY is 10. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $182,000 | -12.0% |
Listing Count | 3 | -47.0% |
| Listings as % of Homes | 0.3% | -47.0% |
Days on Market | 10 | -13.0% |
Demographics — Oakfield, NY
As of the latest ACS Survey released in 2023, Oakfield, NY has a population of 3,670, which has decreased by -1.7% over the past 5 years. Oakfield, NY is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,670 | -1.7% |
% Under 18 | 24.3% | 14.1% |
% Seniors | 15.7% | 0.6% |
% WFH | 4.3% | 258.3% |
% w/ College Degree | 21.1% | 40.7% |
As of the latest ACS Survey released in 2023, Oakfield, NY is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Oakfield, NY is hispanic, making up 9.2% of the population. Foreign-born residents account for 2.6% of the population in Oakfield, NY, and this percentage has increased by 8.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.7% | -8.9% |
% Black | 1.7% | 41.7% |
% Hispanic | 9.2% | 283.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.6% | 8.3% |
Mortgage and Risk — Oakfield, NY
According to HUD data as of 2023, there were 78 mortgage originations in Oakfield, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Oakfield, NY. Investor activity is low, as 3.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Oakfield, NY
Oakfield, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Oakfield, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $178,000 |
| Median Household Income | $63,600 |