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Oakland, TN
Full City Profile · Tennessee · Fayette County County
3.6
/5.0
B+
Good
9,544
Population
912/sq mi density
$89,240
Median Income
$40,074 per capita
$297,300
Home Value
$350,904 Zillow
$1,815
Median Rent
32.3% income on rent
61°F
Avg Temperature
301 sunny days/yr
12
Violent Crime/100K
781 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$89,240 median income, 2.0% unemployment
A+
Affordability
4.8 / 5.0
$297,300 home value, $1,815/mo rent
D
Safety
1.5 / 5.0
12 violent crimes/100K
B
Education
3.4 / 5.0
30.5% bachelor's degree or higher
Housing Overview
Median Home Value
$297,300
5% above
US avg: $281,900
Median Rent
$1,815/mo
56% above
US avg: $1,163/mo
Homeownership Rate
88.1%
35% above US avg (65.4%)
Total Housing Units
3,533
Median year built: 2005
Home Value by Source
Census Median
$297,300
Zillow (ZHVI)
$350,904
Median Sale Price
$365,000
Median List Price
$365,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.1%
Owner-Occupied
11.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$1,815/mo
· Zillow rent:
$2,028/mo
Market Indicators (Redfin)
Median Days on Market
97 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
17.6%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
91
homes for sale
Affordability & Housing Stock
Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
88.1%
Complete Housing Data
Home Values
| Census Median Value | $297,300 |
| Zillow Home Value (ZHVI) | $350,904 |
| Median Sale Price | $365,000 |
| Median List Price | $365,000 |
| Price Per Sq Ft | $167 |
Rent
| Census Median Rent | $1,815 |
| Zillow Rent (ZORI) | $2,028 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 97 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.6% |
| Homes Sold | 19 |
| Active Inventory | 91 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 88.1% |
| Renter-Occupied | 11.9% |
| Homeownership Rate | 88.1% |
| Total Housing Units | 3,533 |
| Median Year Built | 2005 |
| Rent Burden | 32.3% |