Is Oakland, KY 42159 a buyer’s or seller’s market?
Oakland is a seller’s market. With about 3.2 months of supply and 0% 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.
The Oakland housing market right now
In the three months ending August 31, 2026, 0% of homes in Oakland, KY 42159 sold above their list price, the typical home went under contract in 113 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 40%, homes sold more slowly (76 days then) and the median sale price fell 27% to $254,840. Overall, Oakland is less competitive than a year ago, which gives buyers more room.
Within Warren County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Bowling Green 42101 (10% sold over asking) and Smiths Grove 42171 (9% sold over asking) are even more competitive.
Run the numbers for 42159
Nearby markets
Alvaton 42122Buyer’s market $192 /sq ftBowling Green 42101Balanced $170 /sq ftBowling Green 42103Balanced $182 /sq ftBowling Green 42104Balanced $174 /sq ft Browse all markets →Towns like Oakland nearby
Find towns like Oakland in other states →Where Oakland is
Loading map…
Questions about Oakland real estate
Is Oakland a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Oakland, KY 42159 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 Oakland?
The typical home went under contract in 113 days in the latest three months.
Do homes in Oakland sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Oakland?
About 0.65% of a home’s value a year in Warren County, or roughly $2,600 on a $400,000 home.
What is the median home price in Oakland?
The median sale price was $254,840 in the three months ending August 31, 2026, about $159 per square foot.
Local agents
See all agents in 42159 →No sponsored agents in 42159 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 42159
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology