Oakfield, WI53065

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$328,000
4.8% YoY Growth
Median Household Income
$107,000
56.1% 5-Year Growth
Days on Market
10
31.0% Shorter than last year
Home Price Forecast
3.0%
Median 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

Property Listings — Oakfield, WI

As of Oct '25, Realtor.com reports that the median days on market for a home in Oakfield, WI is 10. This is a decrease of -31.0% 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
$379,000-24.0%
Listing Count
4-21.0%
Listings as % of Homes0.1%-21.0%
Days on Market
10-31.0%
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Demographics — Oakfield, WI

As of the latest ACS Survey released in 2023, Oakfield, WI has a population of 2,410, which has increased by 7.8% over the past 5 years. Oakfield, WI is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,4107.8%
% Under 18
20.7%-2.4%
% Seniors
24.2%53.2%
% WFH
6.9%68.3%
% w/ College Degree
23.2%4.5%
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As of the latest ACS Survey released in 2023, Oakfield, WI is a predominantly white area, with 93.7% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Oakfield, WI is hispanic, making up 2.1% of the population. Foreign-born residents account for 2.5% of the population in Oakfield, WI, and this percentage has increased by 4.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.7%0.3%
% Black
0.1%-87.5%
% Hispanic
2.1%-27.6%
% Asian
1.3%-13.3%
% Foreign Born
2.5%4.2%
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Mortgage and Risk — Oakfield, WI

According to HUD data as of 2023, there were 65 mortgage originations in Oakfield, WI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Oakfield, WI. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
65
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Oakfield, WI

Oakfield, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
3
% Rentals under Section 8
2.6%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$850
2 BedroomN/AN/A$1,050
3 BedroomN/AN/A$1,360
4 BedroomN/AN/A$1,420

Affordability — Oakfield, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$328,000
Median Household Income$107,000

Oakfield, WI — ZIP Code Boundary Map

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Frequently Asked Questions