The Oakton housing market is most competitive. Homes in Oakton receive 8 offers on average and sell in around 4 days. The median sale price of a home in Oakton was $793K last month, up 30.3% since last year. The median sale price per square foot in Oakton is $350, up 10.9% since last year.
In March 2024, Oakton home prices were up 30.3% compared to last year, selling for a median price of $793K. On average, homes in Oakton sell after 4 days on the market compared to 22 days last year. There were 34 homes sold in March this year, down from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$792,500
+30.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Oakton, VA
$792,500
+30.3%
United States
To compare other locations to the Oakton and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oakton add value to a home.
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How hot is the Oakton housing market?
Oakton is most competitive. Homes sell in 7.5 days.
0
100
92
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 8 days.
Hot homes
can sell for about 8% above list price and go pending in around 3 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Oakton
Explore recent offers and recently sold homes in Oakton
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$325K Offer
Sold for $325K
3bd | 2ba | ~1,250sqft
Over List Price
3%
Days on Market
16
Competing Offers
6
Down Payment
~30%
Jake Barney
Oakton Redfin Agent
Hawthorne Village condos does not accept Fannie/Freddie conventional loans. We escalated up to $351k with no contingencies but rescinded because of the financing issues. There are deferred repairs in the community that are currently being resolved. …
More
Offer Not Accepted|
11 Weeks Ago
~$650K Offer
Sold for $700K
3bd | 2ba | ~1,500sqft
Over List Price
4%
Days on Market
6
Competing Offers
5
Down Payment
~20%
Jake Barney
Oakton Redfin Agent
We offered $30K above list with no escalation. Everything waived except a 2 day void only inspection. The winning offer waived inspection. Unsure about price.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oakton housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakton.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakton has a major risk of flooding. 1,088 properties in Oakton are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Oakton. Flood risk is increasing slower than the national average.
57% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oakton has a moderate risk of wildfire. There are 5,251 properties in Oakton that have some risk of being affected by wildfire over the next 30 years. This represents 57% of all properties in Oakton.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Oakton has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oakton is most at risk from hurricanes. 9,118 properties in Oakton have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 74 mph.