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OAKLAND, TN 38060

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

Market Overview

Active Listings
135
⇩ 10% vs 150 last year
Pending
29
21% pending ratio
Median Price
$399,000
⇧ 3.1% vs $387,150 last year
Average Price
$408,192
⇧ 4.5% vs $390,670 last year
Days on Market
86
⇧ 14.7% vs 75 days last year

Market Context

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

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

Market Analysis

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

The OAKLAND, TN real estate market (38060) currently shows 135 active listings, with 29 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 86 days on market compared to 75 days last year.

The median listing price has risen 3.1% year-over-year, from $387,150 to $399,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 135 this year vs 150 last year
  • Days on market: 86 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $399,000 (+3.1% YoY)
  • Average: $408,192 (+4.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.4 miles — 1,177 listings ($656,386,020 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38060Oakland, TN 380600.0 mi135$55,105,920$399,000$408,192
38028Eads, TN 380287.6 mi57$74,997,351$749,950$1,315,743
38068Somerville, TN 3806810.1 mi34$19,945,182$330,000$586,623
38049Mason, TN 3804912.3 mi11$4,916,417$394,500$446,947
38017Collierville, TN 3801713.1 mi319$222,567,576$599,900$697,704
38016Cordova, TN 3801614.6 mi149$49,009,229$325,000$328,921
38133Memphis, TN 3813316.4 mi65$20,764,120$314,975$319,448
38088Cordova, TN 3808816.7 mi1$139,000$139,000$139,000
38138Germantown, TN 3813818.8 mi116$81,826,980$509,500$705,405
38134Memphis, TN 3813420.2 mi89$21,499,374$240,000$241,566
38120Memphis, TN 3812020.6 mi96$68,256,192$487,000$711,002
38039Grand Junction, TN 3803921.0 mi3$802,899$270,000$267,633
38119Memphis, TN 3811921.4 mi102$36,555,780$314,900$358,390

Frequently Asked Questions

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

As of January 2026, there are 135 active listings in OAKLAND, TN (zip code 38060), compared to 150 the prior year.

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

The median listing price in OAKLAND, TN 38060 is $399,000 as of January 2026, a 3.1% increase from $387,150 the prior year.

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

Homes in OAKLAND, TN 38060 spend an average of 86 days on the market before going under contract, compared to 75 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 January 2026, OAKLAND, TN 38060 is currently a Balanced Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 75 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 $399,000. 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.