The median sale price of a home in Oakwood was $243K last month, down 24.2% since last year. The median sale price per square foot in Oakwood is $166, up 9.9% since last year.
In March 2024, Oakwood home prices were down 24.2% compared to last year, selling for a median price of $243K. On average, homes in Oakwood sell after 67 days on the market compared to 20 days last year. There were 6 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$242,500
-24.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Oakwood, VA
$242,500
-24.2%
United States
To compare other locations to the Oakwood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norfolk add value to a home.
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How hot is the Oakwood housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.2%
-1.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Oakwood, VA
98.2%
-1.8 pt
United States
Home offer insights for Oakwood
Explore recent offers and recently sold homes in Oakwood
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 Oakwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakwood.
Risk Factor
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakwood has a moderate risk of flooding. 57 properties in Oakwood are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Oakwood. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oakwood has a minor risk of wildfire. There are 2 properties in Oakwood that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Oakwood.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Oakwood has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oakwood is most at risk from hurricanes. 621 properties in Oakwood 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 123 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.