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OAKLAND, TN 38060

Real Estate Market Report  ·  Fayette County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The OAKLAND, TN real estate market (38060) currently shows 182 active listings, with 55 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 61 days last year.

The median listing price has risen 2.5% year-over-year, from $389,981 to $399,900.

Whether you are buying or selling in OAKLAND, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,713  ·  Density: 100.7/mi²  ·  Median household income: $80,478

Typical home value: $262,774  ·  Homeownership: 87.6%

Market Overview

Active Listings
182
⇧ 12.3% vs 162 last year
Pending
55
30% pending ratio
Median Price
$399,900
⇧ 2.5% vs $389,981 last year
Average Price
$405,370
⇧ 0.4% vs $403,813 last year
Days on Market
53
⇩ 13.1% vs 61 days last year

Price Per Square Foot

Median $/sqft
$180
⇧ 7.8% vs $167/sqft last year
Median Home Size
2,376 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 182 this year vs 162 last year
  • Days on market: 53 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $399,900 (+2.5% YoY)
  • Average: $405,370 (+0.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.5 miles — 1,011 listings ($585,626,702 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38060Oakland, TN 380600.0 mi140$57,209,180$399,650$408,637
38028Eads, TN 380287.6 mi53$64,101,698$749,475$1,209,466
38068Somerville, TN 3806810.1 mi34$21,513,908$349,698$632,762
38049Mason, TN 3804912.3 mi13$11,532,586$405,750$887,122
38017Collierville, TN 3801713.1 mi321$226,867,392$610,975$706,752
38016Cordova, TN 3801614.6 mi146$48,018,524$327,625$328,894
38133Memphis, TN 3813316.4 mi66$21,566,358$318,700$326,763
38069Stanton, TN 3806918.8 mi10$44,779,950$276,225$4,477,995
38135Memphis, TN 3813519.6 mi82$28,023,090$326,850$341,745
38004Atoka, TN 3800420.6 mi49$22,066,023$465,925$450,327
38125Memphis, TN 3812520.6 mi64$29,145,728$330,225$455,402
38042Hickory Valley, TN 3804221.1 mi3$272,175$90,725$90,725
38011Brighton, TN 3801121.5 mi30$10,530,090$326,175$351,003

Frequently Asked Questions

How many homes are for sale in OAKLAND, TN 38060?

As of April 2026, there are 182 active listings in OAKLAND, TN (zip code 38060), compared to 162 the prior year.

What is the median home price in OAKLAND, TN 38060?

The median listing price in OAKLAND, TN 38060 is $399,900 as of April 2026, a 2.5% increase from $389,981 the prior year.

How long do homes stay on the market in OAKLAND, TN?

Homes in OAKLAND, TN 38060 spend an average of 53 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in OAKLAND, TN 38060?

Based on current inventory and days-on-market data as of April 2026, OAKLAND, TN 38060 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 61 days last year.

How much can I save on real estate commission in OAKLAND, TN?

With SELL123.com's maximum 3% commission, sellers in OAKLAND, TN 38060 save an estimated $7,998 compared to a typical 5% commission on the median listing price of $399,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.