Real Estate Market Update for Oakton, VA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 25% from one year earlier, and up 29% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 1-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 80%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 680-thousand dollars. The number of units sold increased 7% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Oakton, VA

Area Information for Oakton, VA
  • Population: 36,591
  • Median Age: 39.71 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 3,751/sq mi
  • Population Change Since 2000: 24.46%
  • Closest Airport: Washington Dulles International
  • Closest College: George Mason University
  • Closest Jr. College: North Virginia Community Clg-annandale
  • Median Household Income: $120,867
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $635,000
  • Closest Major Sports Team: Potomac Nationals (a)
  • Change Avg. Household Income Since 2000: 40.91%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Oakton, VA
Median Age: 39.71 Married: 47% Number of Households: 13,967 Households with Children: 4,564
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Oakton, VA

      School Name Distance Type Grades School Rating Parent Rating
      Hunter Mill Montessori School 1.0 mi Private PRESCHOOL-K 0 0
      Dominion Christian School 1.0 mi Private K-12 0 0
      Oakton Elementary School 1.2 mi Public K-6 5 0
      Ideaventions Academy For Mathematics And Science 1.2 mi Private 4-9 0 0
      Flint Hill School - Lower And Middle Campus 1.3 mi Private PRESCHOOL-12 0 0
      Waples Mill Elementary School 1.5 mi Public PRESCHOOL-6 4 0
      Montessori School Of Oakton 2.4 mi Private PRESCHOOL-6 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Oakton, VA
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.