Oakham, MA—01068
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakham, MA
As of Oct '25, the median home price in Oakham, MA is $467,000, with a year-over-year change of -0.9%. This indicates that home prices in Oakham, MA are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $467,000 | -0.9% |
| Single Family | $467,000 | -0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $366,000 | -2.9% |
3 Bed | $459,000 | -0.9% |
4 Bed | $565,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oakham, MA
Oakham, MA 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 — Oakham, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakham, MA is 21. This is a increase of 75.0% 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 | $390,000 | -18.0% |
Listing Count | 5 | -52.0% |
| Listings as % of Homes | 0.6% | -52.0% |
Days on Market | 21 | 75.0% |
Demographics — Oakham, MA
As of the latest ACS Survey released in 2023, Oakham, MA has a population of 1,620, which has decreased by -11.8% over the past 5 years. Oakham, MA is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 38.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,620 | -11.8% |
% Under 18 | 18.4% | 4.5% |
% Seniors | 20.3% | 38.1% |
% WFH | 11.8% | 136.0% |
% w/ College Degree | 38.9% | 9.6% |
As of the latest ACS Survey released in 2023, Oakham, MA is a predominantly white area, with 91.1% 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 Oakham, MA is black, making up 2.0% of the population. Foreign-born residents account for 2.2% of the population in Oakham, MA, and this percentage has decreased by 12.0% 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 | 91.1% | -4.0% |
% Black | 2.0% | 566.7% |
% Hispanic | 1.2% | -63.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.2% | -12.0% |
Mortgage and Risk — Oakham, MA
According to HUD data as of 2023, there were 35 mortgage originations in Oakham, MA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Oakham, MA. Investor activity is low, as 3.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Oakham, MA
Oakham, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,440 |
| 2 Bedroom | N/A | N/A | $1,850 |
| 3 Bedroom | N/A | N/A | $2,260 |
| 4 Bedroom | N/A | N/A | $2,490 |
Affordability — Oakham, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $467,000 |
| Median Household Income | $96,200 |