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OAKLAND, TN 38060

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

Market Analysis

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

The OAKLAND, TN real estate market (38060) currently shows 159 active listings, with 40 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60 days on market compared to 57 days last year.

The median listing price has risen 2.3% year-over-year, from $389,925 to $399,014.

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
159
⇩ 1.2% vs 161 last year
Pending
40
25% pending ratio
Median Price
$399,014
⇧ 2.3% vs $389,925 last year
Average Price
$407,293
⇧ 3.3% vs $394,204 last year
Days on Market
60
⇧ 5.3% vs 57 days last year

Price Per Square Foot

Median $/sqft
$180
⇩ 1.6% vs $183/sqft last year
Median Home Size
2,368 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 159 this year vs 161 last year
  • Days on market: 60 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $399,014 (+2.3% YoY)
  • Average: $407,293 (+3.3% 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 March 2026, there are 159 active listings in OAKLAND, TN (zip code 38060), compared to 161 the prior year.

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

The median listing price in OAKLAND, TN 38060 is $399,014 as of March 2026, a 2.3% increase from $389,925 the prior year.

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

Homes in OAKLAND, TN 38060 spend an average of 60 days on the market before going under contract, compared to 57 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 March 2026, OAKLAND, TN 38060 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 60 days on market compared to 57 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 $7,980 compared to a typical 5% commission on the median listing price of $399,014. 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.