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Oakville

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

Median Home$422,600
Median Rent$1,087/month
Population718
Leading IndustriesFinance & Insurance · Construction · Information & Media7% finance & insurance
Home Value Growth⬆⬆+12.9% over 2 years
Young Adults23% of residents
Homeowners85% of occupied units
Oakville
WA

Frequently Asked Questions

What are today's mortgage rates in Oakville?

As of today, the 30-year fixed mortgage rate for Oakville is approximately 6.853% (6.888% 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 $423k. The median monthly rent is $1,087. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oakville?

Home values in Oakville have increased 12.9% over the past two years. This indicates a strong appreciation trend. 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 $1,081/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oakville is $83k/year.

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What industries drive the economy in Oakville?

The largest employment sectors in Oakville are public administration (21%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.