Foreclosure Homes in Oakton, VA 22124

Current Market Conditions in Oakton, VA

The Oakton real estate market is characterized by a strong demand for single-family homes, often resulting in competitive bidding situations. The suburb is highly desirable due to its renowned public schools and community amenities which attract families looking for long-term residence.

There has been a steady increase in home values over the past year, with many houses selling above the asking price. The low inventory levels have kept competition high among buyers, driving prices upward.

Rent Prices In Oakton, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oakton, VA, is on a rollercoaster ride. The average rent price in Oakton, VA, is $3,070.00. Indeed, when looking to rent in Oakton, VA, you can expect to pay as little as $1,140.00 or as much as $6,310.00, with the average rent median estimated to be $3,010.00. The good news is that finding an affordable and desirable property to rent in Oakton, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.