Housing in Oakland, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$625,000
Median List Price
$1,650,000
Price Per Sq Ft
$279
Days on Market
168
Active Inventory
17
Months of Supply
4.3
Balanced market
Zillow Home Value
$731,504
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
99.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
3
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$279
Median List $/SF
$386
Oakland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Oakland is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$567,200
Median Rent
$1,462
Total Housing Units
4,687
Vacancy Rate
6.2%
Owner Occupied
91.8%
Renter Occupied
8.2%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,885
Housing Types
The current median sale price in Oakland, NJ is $625,000 according to Redfin data. Homes spend a median of 168 days on the market. 25.0% of homes sold above asking price. The market has 4.3 months of supply. The median price per square foot is $279. The median rent is $1,462 per month (Census ACS). About 91.8% of housing units are owner-occupied. The median year homes were built is 1960. There are 4,687 total housing units.