Oakwood, OH 45409 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Oakwood, OH—45409

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$255,000

2.2% YoY Growth

Household Income

$84,000

31.6% YoY Growth

Days on Market

19.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,400

11.3% YoY Growth

1-Bed Rent

$850

57.5% YoY Growth

2-Bed Rent

$1,240

15.3% YoY Growth

3-Bed Rent

$1,500

4.4% YoY Growth

Other Zip Codes in Oakwood, OH

45419

Home Price Trends — Oakwood, OH

Oakwood, OH lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$255,000	2.2%
Single Family	$264,000	0.8%
Condos	$194,000	5.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Oakwood, OH

As of July '25, Rentcast reports the average rent in Oakwood, OH is $1,580, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in Oakwood, OH is 1-bedrooms: $1,350, 2-bedrooms: $1,360, 3-bedrooms: $1,660, 4-bedrooms: $2,950. The most common rental property sizes in Oakwood, OH are 2-bedroom and 1-bedroom, accounting for 44.0% and 28.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,580
Studio Rent	N/A	N/A
1 Bed Rent	$850	$1,350
2 Bed Rent	$1,240	$1,360
3 Bed Rent	$1,500	$1,660
4 Bed Rent	$2,950	$2,950

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% of Rental Stock

Studio

5.4%

1 Bedroom

28.1%

2 Bedrooms

44.0%

3 Bedrooms

10.6%

4 Bedrooms

10.9%

5+ Bedrooms

1.0%

Property Listings — Oakwood, OH

As of May '26, Realtor.com reports that the median days on market for a home in Oakwood, OH is 41. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 43.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$302,000	29.0%
Listing Count	37	9.0%
Listings as % of Homes	0.3%	9.0%
Days on Market	41	19.0%

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Demographics — Oakwood, OH

As of the latest ACS Survey released in 2023, Oakwood, OH has a population of 15,700, which has remained stable by 0.5% over the past 5 years. Oakwood, OH is a less popular place for families, as children make up 8.3% of the population. The area has a highly educated workforce, with 64.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,700	0.5%
% Under 18	8.3%	9.2%
% Seniors	7.8%	-4.9%
% WFH	13.3%	137.5%
% w/ College Degree	64.7%	29.7%

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As of the latest ACS Survey released in 2023, Oakwood, OH is a predominantly white area, with 83.3% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Oakwood, OH is hispanic, making up 5.5% of the population. Foreign-born residents account for 4.1% of the population in Oakwood, OH, and this percentage has increased by 28.1% 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	83.3%	-8.0%
% Black	5.4%	63.6%
% Hispanic	5.5%	111.5%
% Asian	2.9%	26.1%
% Foreign Born	4.1%	28.1%

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Mortgage and Risk — Oakwood, OH

According to HUD data as of 2023, there were 135 mortgage originations in Oakwood, OH, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Oakwood, OH. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	135
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	6.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Oakwood, OH

As of 2024, the percent of homes in Oakwood, OH under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Oakwood, OH, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	17
Total Units Section 8	17
% Rentals under Section 8	2.0%
% Occupied Section 8	85.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$850	$1,000
2 Bedroom	$40	$1,240	$1,280
3 Bedroom	$150	$1,500	$1,650
4 Bedroom	-$1,120	$2,950	$1,830

Oakwood, OH—45409

Key Metrics at a Glance

Other Zip Codes in Oakwood, OH

Home Price Trends — Oakwood, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oakwood, OH

% of Rental Stock

Property Listings — Oakwood, OH

Demographics — Oakwood, OH

Race and Ethnicity

Mortgage and Risk — Oakwood, OH

Mortgages

Rentals and Section 8 — Oakwood, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Oakwood, OH

Home Price to Income Ratio

Oakwood, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Walnut Hills

Oakwood, OH

Dayton, OH

Dayton, OH

Moraine, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$255,000
Median Household Income	$84,000

Oakwood, OH—45409

Key Metrics at a Glance

Other Zip Codes in Oakwood, OH

Home Price Trends — Oakwood, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oakwood, OH

% of Rental Stock

Property Listings — Oakwood, OH

Demographics — Oakwood, OH

Race and Ethnicity

Mortgage and Risk — Oakwood, OH

Mortgages

Rentals and Section 8 — Oakwood, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Oakwood, OH

Home Price to Income Ratio

Oakwood, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Walnut Hills

Oakwood, OH

Dayton, OH

Dayton, OH

Moraine, OH

Frequently Asked Questions

What is the average home price in Oakwood, OH 45409?

How have home prices in Oakwood, OH 45409 changed over the past year?

What is the home price projection for Oakwood, OH 45409?

What are the demographics of Oakwood, OH 45409?

How long does it take homes to sell in Oakwood, OH 45409?

What is the average rent price in Oakwood, OH 45409?