What is the median home value in Oakland Borough, NJ?

The median value of owner-occupied homes in Oakland Borough, NJ is $591,300 (±$18,228), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Oakland Borough, the median home value went from $468,700 in 2015–2019 to $591,300 in 2020–2024 (+26.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$591,300 (±$18,228)
Owner-occupied homes
4,168 (±147)
Most common range
$500,000 to $999,999

Home values in Oakland Borough

Owner-occupied homes by value, 2020–2024
ValueOakland BoroughBergen CountyNew JerseyUnited States
Less than $50,0001.6% (±1.0 points)1.9%2.5%5.3%
$50,000 to $99,9990.2% (±0.3 points)1.2%1.8%6.1%
$100,000 to $149,9990.3% (±0.3 points)0.8%2.2%6.8%
$150,000 to $199,9990.3% (±0.5 points)1.2%4.3%9.0%
$200,000 to $299,9993.8% (±2.0 points)3.7%12.9%17.8%
$300,000 to $499,99927.0% (±4.2 points)24.0%34.2%26.9%
$500,000 to $999,99963.5% (±4.6 points)53.3%34.5%20.9%
$1,000,000 or more3.3% (±1.7 points)14.0%7.6%7.1%

The most common range is $500,000 to $999,999, 63.5% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Oakland Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
Oakland BoroughBergen CountyNew JerseyUnited States
Median home value$591,300 (±$18,228)$623,000 (±$4,306)$454,400 (±$1,150)$332,700
Owner-occupied homes4,168 (±147)232,025 (±2,535)2,239,128 (±10,678)84,210,142

In Oakland Borough, the median home value is lower than in Bergen County ($623,000).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Bergen County, Oakland Borough ranks 41 of 69 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 159 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Oakland Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$468,700 (±$10,725)$591,300 (±$18,228)+26.2%No measurable change after inflation
Median owner cost with a mortgage$3,066 (±$88)$3,422 (±$141)+11.6%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Oakland Borough

Nearest places with a published estimate, compared with Oakland Borough
PlaceDistanceMedian home valueCompared with this place
Oakland Borough—$591,300 (±$18,228)—
Franklin Lakes Borough2.4 mi$1,264,000 (±$87,916)Higher
Pines Lake2.5 mi$626,500 (±$41,529)Not measurably different
Wanaque Borough2.6 mi$400,700 (±$16,676)Lower
Pompton Lakes Borough3.1 mi$442,400 (±$13,828)Lower
Wyckoff Township4.3 mi$925,700 (±$36,353)Higher
Riverdale Borough4.6 mi$395,900 (±$24,392)Lower
Mahwah Township4.6 mi$606,000 (±$41,221)Not measurably different
Bloomingdale Borough5.0 mi$432,000 (±$16,559)Lower

Nearby places with a measurably lower figure: Wanaque Borough, NJ ($400,700), Pompton Lakes Borough, NJ ($442,400), Riverdale Borough, NJ ($395,900).

Nearby places with a measurably higher figure: Franklin Lakes Borough, NJ ($1,264,000), Wyckoff Township, NJ ($925,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Bergen County, place by place

RankPlaceMedian home value
35Midland Park Borough$607,200 (±$29,959)
36Westwood Borough$606,400 (±$27,715)
37Mahwah Township$606,000 (±$41,221)
38Rutherford Borough$603,600 (±$25,619)
39Carlstadt Borough$595,400 (±$37,540)
40Northvale Borough$592,400 (±$46,709)
41Oakland Borough$591,300 (±$18,228)
42Waldwick Borough$588,500 (±$14,624)
43Cliffside Park Borough$588,200 (±$35,535)
44New Milford Borough$580,400 (±$17,579)
45Wood-Ridge Borough$566,200 (±$47,649)
46Fair Lawn Borough$564,700 (±$19,505)
47Hasbrouck Heights Borough$552,900 (±$36,374)

Showing 13 of 69 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Oakland Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Oakland Borough beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Oakland Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Oakland Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Oakland Borough

What is the average home value in Oakland Borough, NJ?

The Census Bureau publishes the median: $591,300 (±$18,228) for owner-occupied homes in Oakland Borough (2020–2024 American Community Survey).

Have home values in Oakland Borough gone up?

In Oakland Borough, the median home value went from $468,700 in 2015–2019 to $591,300 in 2020–2024 (+26.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Oakland Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Oakland borough, Bergen County, New Jersey (county subdivision:53850, in state:34 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related