Oakville, WA 98568 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Oakville, WA—98568

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$363,000

0.2% YoY Growth

Household Income

$80,800

60.8% YoY Growth

Days on Market

64.0% Longer YoY

Home Price Forecast

-0.2%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Oakville, WA

As of Dec '25, the median home price in Oakville, WA is $363,000, with a year-over-year change of -0.2%. This indicates that home prices in Oakville, WA are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$363,000	-0.2%
Single Family	$363,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

11.2%

2 Bedrooms

46.2%

3 Bedrooms

32.5%

4 Bedrooms

9.6%

5+ Bedrooms

0.5%

Property Listings — Oakville, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Oakville, WA is 49. This is a increase of 65.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$557,000	17.0%
Listing Count	4	-42.0%
Listings as % of Homes	0.4%	-42.0%
Days on Market	80	64.0%

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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%

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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%

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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%

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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

Oakville, WA—98568

Key Metrics at a Glance

Home Price Trends — Oakville, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oakville, WA

% of Rental Stock

Property Listings — Oakville, WA

Demographics — Oakville, WA

Race and Ethnicity

Mortgage and Risk — Oakville, WA

Mortgages

Rentals and Section 8 — Oakville, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Oakville, WA

Home Price to Income Ratio

Oakville, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Bordeaux

McCleary, WA

Rochester, WA

Elma, WA

Doty

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$363,000
Median Household Income	$80,800

Oakville, WA—98568

Key Metrics at a Glance

Home Price Trends — Oakville, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oakville, WA

% of Rental Stock

Property Listings — Oakville, WA

Demographics — Oakville, WA

Race and Ethnicity

Mortgage and Risk — Oakville, WA

Mortgages

Rentals and Section 8 — Oakville, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Oakville, WA

Home Price to Income Ratio

Oakville, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Bordeaux

McCleary, WA

Rochester, WA

Elma, WA

Doty

Frequently Asked Questions

What is the average home price in Oakville, WA 98568?

How have home prices in Oakville, WA 98568 changed over the past year?

What is the home price projection for Oakville, WA 98568?

What are the demographics of Oakville, WA 98568?

How long does it take homes to sell in Oakville, WA 98568?

What is the average rent price in Oakville, WA 98568?