Oakfield, TN—38362
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakfield, TN
As of Oct '25, the median home price in Oakfield, TN is $206,000, with a year-over-year change of 1.1%. This indicates that home prices in Oakfield, TN are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | 1.1% |
| Single Family | $206,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oakfield, TN
Oakfield, TN 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, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakfield, TN is 67. This is a decrease of -26.0% 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 | $257,000 | -8.0% |
Listing Count | 5 | 133.0% |
| Listings as % of Homes | 0.2% | 133.0% |
Days on Market | 67 | -26.0% |
Demographics — Oakfield, TN
As of the latest ACS Survey released in 2023, Oakfield, TN has a population of 991, which has decreased by -25.5% over the past 5 years. Oakfield, TN is a moderately popular place for families, as children make up 15.1% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 991 | -25.5% |
% Under 18 | 15.1% | -46.5% |
% Seniors | 2.9% | -65.5% |
% WFH | 5.6% | ∞% |
% w/ College Degree | 20.9% | 60.8% |
As of the latest ACS Survey released in 2023, Oakfield, TN is a predominantly white area, with 69.6% of the population identifying as white. The white population has grown by 38.4% in the last 5 years. The second most common race or ethnicity in Oakfield, TN is hispanic, making up 15.9% of the population. Foreign-born residents account for 6.8% of the population in Oakfield, TN, and this percentage has increased by 1260.0% 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 | 69.6% | 38.4% |
% Black | 10.1% | -75.1% |
% Hispanic | 15.9% | 87.1% |
% Asian | 1.7% | ∞% |
% Foreign Born | 6.8% | 1,260.0% |
Mortgage and Risk — Oakfield, TN
Oakfield, TN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Oakfield, TN
Oakfield, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | N/A | N/A | $1,610 |
| 3 Bedroom | N/A | N/A | $2,170 |
| 4 Bedroom | N/A | N/A | $2,180 |
Affordability — Oakfield, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $206,000 |
| Median Household Income | $62,200 |