Market Overview
coolingOakley’s median home price of $750,000 is about 46% above the Utah median of $514,990, yet prices are slipping 4.4% month‑over‑month and 19% year‑over‑year.- •44.4% of active listings have price reductions, and every price adjustment in the past six months was a cut.
- •Homes sit on the market an average of 94 days—about 30 days longer than the state average of 72 days.
- •Only 11.1% of sales exceeded the asking price, while the sale‑to‑list ratio is 94.1%, signaling a buyer‑favored environment.
- •Deal fall‑throughs are high, with 14.3% of pending contracts cancelled.
- •Despite limited new listings (4 in six months), active inventory is low at 12, yielding a balanced 4‑month supply.
Featured Homes in Oakley
Top-scoring active listings in Oakley
Deals & Lifestyle in Oakley
Best-priced homes and the outdoor lifestyle you're after
Highlights in Oakley
Luxury, new construction, scenic views and more
Frequently Asked Questions About Oakley Real Estate
As of May 2026, the median home price in Oakley, Utah is $780,000, which is 50.6% above the Utah state median of $517,990. Home prices in Oakley range from $399,000 to $7,500,000, with an average sale price of $868,900. These figures are based on recent closed transactions in the Oakley real estate market.
Oakley, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 97.5% and homes spending an average of 58 days on the market. Oakley’s median home price of $750,000 is about 46% above the Utah median of $514,990, yet prices are slipping 4.4% month‑over‑month and 19% year‑over‑year.
Homes in Oakley, Utah spend an average of 58 days on the market before going under contract compared to the Utah state average of 72 days (19.7% below average). This is a moderate pace, giving buyers some time to make decisions. Properties that are priced competitively and show well tend to sell fastest.