Is Oakland, NE 68045 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Oakland 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.

Months of supply4.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$73▼ −12.8% vs. last year

The Oakland housing market right now

In the three months ending August 31, 2026, 0% of homes in Oakland, NE 68045 sold above their list price, the typical home went under contract in 9 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 fell from 17%, homes sold faster (42 days then) and the median sale price fell 10% to $109,952. Overall, Oakland is less competitive than a year ago, which gives buyers more room.

Nearby, Tekamah 68061 (38% sold over asking) is even more competitive.

Nearby markets

Craig 68019 — /sq ftDecatur 68020 — /sq ftLyons 68038Balanced $112 /sq ftTekamah 68061Seller’s market $127 /sq ft Browse all markets →

Where Oakland is

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Questions about Oakland real estate

Is Oakland a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Oakland, NE 68045 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 9 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 98.4% of the list price.

What are property taxes in Oakland?

About 1.32% of a home’s value a year in Burt County, or roughly $5,280 on a $400,000 home.

What is the median home price in Oakland?

The median sale price was $109,952 in the three months ending August 31, 2026, about $73 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