Is Oakdale, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakdale is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Oakdale has remained a Seller's Market.

Key Takeaway

Oakdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Oakdale, CT

How much do homes in Oakdale, CT cost?

Median Sold Price

$320,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,500(+3.1%)

Key Takeaway

Homes in Oakdale have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Oakdale was $320,000 in March 2024, up 3.1% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $7K$360K
+5042.9%
2 $121K$108.5K
-10.3%
3 $305K$320K
+4.9%
4 $379.9K$429.9K
+13.2%
5+ $465.5K$339K
-27.2%

Summary: Oakdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5042.9%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 27.2%.

Median Sold Price Compared To Nearby Cities

Salem
+24.4%
Uncasville
+13.4%
Montville
+7.0%
Oakdale
+3.1%

Housing Supply in Oakdale, CT

How many homes are available in Oakdale, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1519+26.7%

Summary: The Oakdale real estate market had 19 homes for sale in March 2024, a 26.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 68
+33.3%
4 65
-16.7%
5+ 01
+100.0%

Summary: The Oakdale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
111+1000.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakdale, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Oakdale in March 2024, up by 1000.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for Oakdale, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Oakdale, CT

Nearby Markets to Oakdale, CT

What housing markets are near Oakdale, CT?