Oakwood’s rolling three-month numbers show a mixed year-over-year picture. Typical home values are down compared with last year, even as the median list price has climbed sharply. Homes sold have increased over the past year, pointing to steadier buyer activity despite the price shifts.
In the latest rolling period ending in June 2026, the typical home value is significantly higher than in much of the past two years, while list prices sit below the March 2026 peak. Inventory stands at 32 active listings, which is slightly lower than a year ago but up from some recent quarters, and the market gauge still categorizes Oakwood as a seller’s market. Compared with the broader Raleigh area, Oakwood’s typical sale price is roughly double the city’s, underscoring its premium status even as both have seen modest year-over-year price declines.
Market pace has slowed dramatically on a yearly basis, with median days on market rising to 45 in the latest three-month window, far above the quick turnarounds seen in 2023. At the same time, about one-third of recent Oakwood sales closed above list price and the average sale-to-list ratio is essentially at 100 percent, indicating buyers are still willing to meet sellers’ expectations. Months of supply is at 5.6, much higher than in Raleigh overall, suggesting more options for buyers alongside continued leverage for sellers. Both buyers and sellers can benefit from Agent Pronto’s help in finding an Oakwood agent who understands these nuanced conditions.
