Is Oakham, MA 01068 a buyer’s or seller’s market?

The Oakham housing market right now

In the three months ending August 31, 2026, 13% of homes in Oakham, MA 01068 sold above their list price, the typical home went under contract in 31 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (17 days then) and the median sale price rose 16% to $557,259. Overall, Oakham is less competitive than a year ago, which gives buyers more room.

Within Worcester County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 91%.

Nearby, buyers who want less competition could look at Fayville 01745 (0% sold over asking) or Worcester 01608 (0% sold over asking), while Leicester 01524 (80% sold over asking) and Cherry Valley 01611 (71% sold over asking) are even more competitive.