Oakwood, OH45419

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$273,000
3.4% YoY Growth
Median Household Income
$85,900
13.8% 5-Year Growth
Days on Market
49
7.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$900
11.8% YoY Growth
1-Bed Rent
$850
7.4% YoY Growth
2-Bed Rent
$1,250
10.4% YoY Growth
3-Bed Rent
$2,200
26.6% YoY Growth

Other Zip Codes in Oakwood, OH

Property Listings — Oakwood, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Oakwood, OH is 49. This is a decrease of -7.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$295,000-13.0%
Listing Count
702.0%
Listings as % of Homes0.4%2.0%
Days on Market
49-7.0%
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Demographics — Oakwood, OH

As of the latest ACS Survey released in 2023, Oakwood, OH has a population of 16,600, which has increased by 9.8% over the past 5 years. Oakwood, OH is a moderately popular place for families, as children make up 25.0% of the population. The area has a highly educated workforce, with 57.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
16,6009.8%
% Under 18
25.0%-1.2%
% Seniors
11.9%-8.5%
% WFH
14.4%161.8%
% w/ College Degree
57.3%6.7%
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As of the latest ACS Survey released in 2023, Oakwood, OH is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Oakwood, OH is hispanic, making up 2.4% of the population. Foreign-born residents account for 4.1% of the population in Oakwood, OH, and this percentage has decreased by 28.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.4%-5.8%
% Black
1.7%-5.6%
% Hispanic
2.4%41.2%
% Asian
2.2%22.2%
% Foreign Born
4.1%-28.1%
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Mortgage and Risk — Oakwood, OH

According to HUD data as of 2023, there were 366 mortgage originations in Oakwood, OH, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Oakwood, OH. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
366
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
3.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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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 1.6%. 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. In Oakwood, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
73
Total Units Section 8
35
% Rentals under Section 8
1.6%
% Occupied Section 8
85.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$60$850$790
2 Bedroom-$240$1,250$1,010
3 Bedroom-$900$2,200$1,300
4 Bedroom-$1,560$3,000$1,440

Affordability — Oakwood, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$273,000
Median Household Income$85,900

Oakwood, OH — ZIP Code Boundary Map

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Frequently Asked Questions