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Oakville

Learn about the people, housing, costs and businesses in Oakville, Iowa

Median Home$142,300
Median Rent$722/month
Population187
Leading IndustriesRetail · Transportation · Professional Services26% retail
Home Value Growth-10.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners77% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$142k median home · lower cost than 77% of the country
Oakville
IA

Frequently Asked Questions

What are today's mortgage rates in Oakville?

As of today, the 30-year fixed mortgage rate for Oakville is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Oakville?

The median home value in Oakville is $142k. The median monthly rent is $722. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oakville?

Home values in Oakville have decreased 10.6% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Oakville?

Based on a typical all-in ownership cost of $821/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oakville is $74k/year.

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What industries drive the economy in Oakville?

The largest employment sectors in Oakville are retail (26%) and public administration (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.