Is Oakman, AL 35579 a buyer’s or seller’s market?
Oakman is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Oakman housing market right now
In the three months ending August 31, 2026, 0% of homes in Oakman, AL 35579 sold above their list price, the typical home went under contract in 17 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (96 days then) and the median sale price fell 32% to $199,913. Overall, Oakman is more competitive than a year ago, so tougher for buyers.
Within Walker County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Empire 35063 (100% sold over asking) and Cordova 35550 (20% sold over asking) are even more competitive.
Run the numbers for 35579
Nearby markets
Cordova 35550Buyer’s market $119 /sq ftEmpire 35063Buyer’s market $127 /sq ftJasper 35501Balanced $124 /sq ftJasper 35503Balanced $152 /sq ft Browse all markets →Towns like Oakman nearby
Find towns like Oakman in other states →Where Oakman is
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Questions about Oakman real estate
Is Oakman a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Oakman, AL 35579 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 Oakman?
The typical home went under contract in 17 days in the latest three months.
Do homes in Oakman sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.5% of the list price.
What are property taxes in Oakman?
About 0.26% of a home’s value a year in Walker County, or roughly $1,040 on a $400,000 home.
What is the median home price in Oakman?
The median sale price was $199,913 in the three months ending August 31, 2026, about $86 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