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Oakland, IA—51560

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$214,000
0.6% YoY Growth
Household Income
$71,400
3.0% YoY Growth
Days on Market
48
49.0% Longer YoY
Home Price Forecast
2.1%
Median Rent
$1,400
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,400
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Oakland, IA

As of Dec '25, the median home price in Oakland, IA is $214,000, with a year-over-year change of 0.6%. This indicates that home prices in Oakland, IA are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$214,0000.6%
Single Family $214,0000.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$230,0001.3%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    9.0%
    2 Bedrooms
    33.4%
    3 Bedrooms
    37.6%
    4 Bedrooms
    16.7%
    5+ Bedrooms
    2.2%

    Rental Trends — Oakland, IA

    Oakland, IA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,400
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,400$1,400
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    3.8%
    1 Bedroom
    20.5%
    2 Bedrooms
    58.0%
    3 Bedrooms
    17.0%
    4 Bedrooms
    0.8%

    Property Listings — Oakland, IA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Oakland, IA is 51. This is a decrease of -37.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$209,00087.0%
    Listing Count
    		80.0%
    Listings as % of HomesN/A0.0%
    Days on Market
    		4849.0%
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    Demographics — Oakland, IA

    As of the latest ACS Survey released in 2023, Oakland, IA has a population of 1,900, which has decreased by -10.8% over the past 5 years. Oakland, IA is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,900-10.8%
    % Under 18
    		24.1%-5.9%
    % Seniors
    		18.6%20.0%
    % WFH
    		8.4%265.2%
    % w/ College Degree
    		20.7%-14.8%
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    As of the latest ACS Survey released in 2023, Oakland, IA is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Oakland, IA is hispanic, making up 10.0% of the population. Foreign-born residents account for 9.0% of the population in Oakland, IA, and this percentage has increased by 66.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		83.5%-4.0%
    % Black
    		0.1%0.0%
    % Hispanic
    		10.0%9.9%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		9.0%66.7%
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    Mortgage and Risk — Oakland, IA

    According to HUD data as of 2023, there were 59 mortgage originations in Oakland, IA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Oakland, IA. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		59
    % Conventional Loans
    		81.0%
    % Government Loans
    		19.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Oakland, IA

    Oakland, IA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		22
    Total Units Section 8
    		22
    % Rentals under Section 8
    		9.1%
    % Occupied Section 8
    		94.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$880
    2 BedroomN/AN/A$1,060
    3 Bedroom$10$1,400$1,410
    4 BedroomN/AN/A$1,560

    Affordability — Oakland, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.6
    Median Home Price$214,000
    Median Household Income$71,400

    Oakland, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Hancock, IA

    51536

    Carson, IA

    51525

    Macedonia, IA

    51549

    Avoca, IA

    51521

    Minden, IA

    51553

    Frequently Asked Questions