Oakville, WA—98568
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakville, WA
As of Oct '25, the median home price in Oakville, WA is $368,000, with a year-over-year change of -0.4%. This indicates that home prices in Oakville, WA are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $368,000 | -0.4% |
| Single Family | $368,000 | -0.3% |
| 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 — Oakville, WA
Oakville, WA 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 — Oakville, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakville, WA is 89. This is a increase of 53.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $529,000 | -2.0% |
Listing Count | 6 | -14.0% |
| Listings as % of Homes | 0.4% | -14.0% |
Days on Market | 89 | 53.0% |
Demographics — Oakville, WA
As of the latest ACS Survey released in 2023, Oakville, WA has a population of 2,960, which has increased by 7.8% over the past 5 years. Oakville, WA is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,960 | 7.8% |
% Under 18 | 20.6% | 1.5% |
% Seniors | 15.1% | -30.7% |
% WFH | 9.2% | 87.8% |
% w/ College Degree | 10.7% | -8.5% |
As of the latest ACS Survey released in 2023, Oakville, WA is a predominantly white area, with 68.1% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Oakville, WA is hispanic, making up 7.3% of the population. Foreign-born residents account for 1.1% of the population in Oakville, WA, and this percentage has decreased by 57.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.1% | -4.8% |
% Black | 0.2% | -50.0% |
% Hispanic | 7.3% | 28.1% |
% Asian | 0.4% | -42.9% |
% Foreign Born | 1.1% | -57.7% |
Mortgage and Risk — Oakville, WA
According to HUD data as of 2023, there were 69 mortgage originations in Oakville, WA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Oakville, WA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 69 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Oakville, WA
Oakville, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,400 |
| 2 Bedroom | N/A | N/A | $1,630 |
| 3 Bedroom | N/A | N/A | $2,280 |
| 4 Bedroom | N/A | N/A | $2,760 |
Affordability — Oakville, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $368,000 |
| Median Household Income | $80,800 |