Question 1

What is the median home price in Oakley, Utah in 2026?

Accepted Answer

As of November 2026, the median home price in Oakley, Utah is $750,000, which is 44.2% above the Utah state median of $520,000. Home prices in Oakley range from $309,000 to $10,778,000, with an average sale price of $807,393. These figures are based on recent closed transactions in the Oakley real estate market.

Question 2

Is Oakley, Utah a buyer's or seller's market?

Accepted Answer

Oakley, Utah is currently a seller's market. Key indicators include an average sale-to-list price ratio of 96.0% and homes spending an average of 112 days on the market. Oakley’s median home price is roughly 44% above the Utah median, while homes linger about 60% longer on the market, indicating a premium market with slower turnover.

Question 3

How long do homes stay on the market in Oakley?

Accepted Answer

Homes in Oakley, Utah spend an average of 112 days on the market before going under contract compared to the Utah state average of 70 days (60.2% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Oakley, Utah?

Accepted Answer

As of November 2026, there are 22 active homes for sale in Oakley, Utah with 10 new listings added recently. In the most recent reporting period, 15 transactions closed in Oakley. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Oakley, Utah?

Accepted Answer

Yes — Oakley currently has 10 new listings recently added to the market, with prices starting from $309,000. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Oakley is $750,000.

Question 6

How does Oakley compare to the Utah state average?

Accepted Answer

Oakley home prices are 44.2% above the Utah state median of $520,000, with a local median of $750,000. Homes sell slower than the state average — 112 days in Oakley vs 70 days statewide (60.2% above average). The sale-to-list ratio is 96.0% locally vs 98.5% statewide.

Question 7

Are homes in Oakley more expensive than the Utah average?

Accepted Answer

Yes, homes in Oakley are more expensive than the Utah state average. The median home price in Oakley is $750,000, compared to the statewide median of $520,000 — a difference of $230,000 (+44.2%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Oakley than the rest of Utah?

Accepted Answer

No, homes in Oakley take longer to sell than the Utah average. The average days on market in Oakley is 112 days, compared to 70 days statewide (60.2% above average). Buyers in Oakley have more time to evaluate listings and negotiate, which can work in their favor. Overall, Oakley is currently a seller's market.

Question 9

How have home prices changed in Oakley over the past year?

Accepted Answer

Home prices in Oakley, Utah have increased by 131.7% over the past year. The median sale price went from $401,000 to $929,000. This strong appreciation reflects growing demand in the area. Check the Oakley market trends section above for detailed charts.

Question 10

Is the Oakley housing market heating up or cooling down?

Accepted Answer

The Oakley housing market is currently showing mixed signals, with prices up 131.7% year-over-year and days on market increasing by 166.5%. Overall, it is a seller's market. Oakley’s median home price is roughly 44% above the Utah median, while homes linger about 60% longer on the market, indicating a premium market with slower turnover. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Oakley home prices this time last year?

Accepted Answer

In October 2025, the median home sale price in Oakley, Utah was $401,000. Today, the median is $929,000, representing a change of +131.7% ($528,000 increase). During that same period, the average days on market went from 31 to 83 days.

Question 12

What is the current market outlook for Oakley, Utah?

Accepted Answer

Oakley’s residential market remains a premium segment within Utah, with a median closed‑sale price of $750,000—about $230,000 above the state median. Prices have surged 36.9% month‑over‑month and are up 30.4% year‑over‑year, while the sale‑to‑list ratio stays near 96%, indicating that buyers who can afford the price are still willing to meet sellers’ expectations. However, the market’s speed has slowed: homes now spend an average of 112 days on the market, roughly 60% longer than the state average, reflecting the impact of rising borrowing costs.

Mortgage financing conditions have tightened, as the 30‑year rate climbed from 6.41% in May to 7.34% in October, and the 15‑year rate rose from 5.76% to 6.67% over the same period. Unemployment rates have held steady (U.S. ~4.2%, Utah ~3.6%), and consumer sentiment remains flat, while real‑estate sentiment indices have slipped modestly, suggesting a cautious outlook. The combination of strong price growth, limited inventory, and higher financing costs points to a “warm” market—still attractive for buyers with cash or strong financing, but increasingly sensitive to rate hikes.

Local developments could influence the balance: Summit County is evaluating a new transportation‑funding formula that may direct more sales‑tax dollars to growing communities like Oakley, potentially improving infrastructure and desirability. At the same time, regional wildfire‑risk initiatives and rising homeowners‑insurance non‑renewals add a layer of risk that buyers should factor into their long‑term cost calculations. Oakley is currently a seller's market. Oakley’s median home price is roughly 44% above the Utah median, while homes linger about 60% longer on the market, indicating a premium market with slower turnover.

Question 13

What are the key highlights of the Oakley housing market?

Accepted Answer

Key highlights of the Oakley, Utah housing market include: Median price $750K, 44% higher than the state median, and up 36.9% month‑over‑month.. Only 15 closed sales and 11 new listings in the past three months, creating tight inventory.. Sale‑to‑list ratio remains strong at 96%, showing buyers are still willing to meet asking prices.. Days on market average 112 days, 60% longer than the state average, hinting at emerging price resistance.. 30‑year mortgage rates have risen from 6.41% to 7.34% over the last six months, adding cost pressure for buyers.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Oakley, Utah?

Accepted Answer

Homes in Oakley, Utah range from $309,000 to $10,778,000, with a median price of $750,000. The standard deviation is $3,313,013, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What is the internet quality in Oakley, Utah?

Accepted Answer

Oakley has an average broadband download speed of 760 Mbps and 67% of homes have access to fiber internet. Top internet providers include All West Communications, Starlink. This is above average for Utah, supporting remote work and streaming. Residents have an average of 5.4 provider options.

Question 16

What is the price per square foot in Oakley?

Accepted Answer

The median price per square foot in Oakley, Utah is $337. The average home size is 2,402 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 17

Is now a good time to buy a home in Oakley, Utah?

Accepted Answer

The 30-year mortgage rate is currently 7.34% and Utah's unemployment rate is 3.6%. Oakley is currently a seller's market. Prices are rising at 131.7% year-over-year. Strong demand means well-priced homes move quickly — being pre-approved helps. Market timing depends on your personal financial situation and goals.

Question 18

When is the best time to buy a home in Oakley?

Accepted Answer

Historically, May offers the most new listings in Oakley, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Homes for Sale in Oakley, Utah

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Internet & Connectivity in Oakley

Featured Homes in Oakley

$460,000

$309,000

$1,699,999

$949,900

$849,000

$740,000

$325,000

$650,000

$1,395,000

$650,000

$399,000

$575,000

Highlights in Oakley

$575,000

$6,150,000

$849,000

$650,000

$749,000

$345,000

$829,900

$460,000

$650,000

$399,000

$1,395,000

$309,000

Other property types

$650,000

$75,000

$139,000

$195,000

$450,000

$139,000

$157,000

$75,000

$170,000

$1,100,000

$139,900

$400,000

$575,000

$6,150,000

$849,000

$650,000

$749,000

$345,000

$829,900

$460,000

$650,000

$399,000

$1,395,000

$309,000

Property Types in Oakley

Lifestyle Homes in Oakley

Oakley Real Estate FAQ

Frequently Asked Questions About Oakley Real Estate

What is the median home price in Oakley, Utah in 2026?

What is the median home price in Oakley, Utah in 2026?

Is Oakley, Utah a buyer's or seller's market?

Is Oakley, Utah a buyer's or seller's market?

How long do homes stay on the market in Oakley?

How long do homes stay on the market in Oakley?

How many homes are for sale in Oakley, Utah?

How many homes are for sale in Oakley, Utah?

Are there new construction homes for sale in Oakley, Utah?

Are there new construction homes for sale in Oakley, Utah?

How does Oakley compare to the Utah state average?

How does Oakley compare to the Utah state average?

Are homes in Oakley more expensive than the Utah average?

Are homes in Oakley more expensive than the Utah average?

Do homes sell faster in Oakley than the rest of Utah?

Do homes sell faster in Oakley than the rest of Utah?

How have home prices changed in Oakley over the past year?