Is Oakville, CT 06779 a buyer’s or seller’s market?
Oakville is a seller’s market. With about 2.5 months of supply and 78% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 89% of U.S. ZIP codes, and #110 of 197 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Oakville housing market right now
In the three months ending August 31, 2026, 78% of homes in Oakville, CT 06779 sold above their list price, the typical home went under contract in 36 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 52%, homes sold faster (41 days then) and the median sale price rose 6% to $364,842. Overall, Oakville is more competitive than a year ago, so tougher for buyers.
Within Litchfield County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 97%. On our competition score, Oakville ranks #110 of 197 CT ZIP codes with enough sales (score 83 out of 100).
Nearby, buyers who want less competition could look at Cornwall Bridge 06754 (0% sold over asking) or East Canaan 06024 (0% sold over asking), while Northfield 06778 (100% sold over asking) is even more competitive.
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Nearby markets
Bantam 06750Buyer’s market $320 /sq ftBarkhamsted 06063Seller’s market $231 /sq ftBethlehem 06751Seller’s market $249 /sq ftBridgewater 06752Seller’s market $335 /sq ft Browse all markets →Towns like Oakville nearby
Find towns like Oakville in other states →Where Oakville is
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Questions about Oakville real estate
Is Oakville a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Oakville, CT 06779 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Oakville?
The typical home went under contract in 36 days in the latest three months.
Do homes in Oakville sell over asking?
78% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.
What is the median home price in Oakville?
The median sale price was $364,842 in the three months ending August 31, 2026, about $256 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology