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Market Snapshot

Median listing price
$1.90M

The median listing price in Oakdale, CT ZIP 06370 is $1,900,000 as of June 2026.

Median rent
$1,800/mo

The median market rent in Oakdale, CT ZIP 06370 is $1,800/month as of June 2026.

Days on market
323 days

The median days on market in Oakdale, CT ZIP 06370 is 323 days as of June 2026. The market is currently neutral.

Gross rental yield
1.14%

At a median list price of $1,900,000 and a median rent of $1,800/month, the gross rental yield in Oakdale, CT ZIP 06370 is 1.14% as of June 2026.

STR vs LTR
$2,359/mo STR · $1,800/mo LTR

In Oakdale, CT ZIP 06370, median Airbnb revenue is $2,359/month compared to median long-term rent of $1,800/month as of June 2026.

Oakdale, CT 06370 Real Estate Market Report

ZIP Code: 06370
Report Date: June 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
16
Active Listings
1
Sold Properties
15

Market Metrics

Median Listing Price
$1,900,000
Median Sold Price
$392,000
Median Price per Sqft
$283/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,800

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.18%

Liquidity & Velocity

Median Days on Market
323
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's primary indicator, median sold price, is 392,000, which anchors current market value and suggests recent transactions are occurring around this price point; given the market temperature is neutral, this median sold price appears to reflect a balanced short-term market.

  2. Median days on market is 323, indicating slower sales velocity that may create pricing friction between buyer expectations and seller timelines rather than outright market distress.

  3. Pricing context shows a median price per square foot of 283 alongside a median market rent of 1,800, which together characterize the local SFR and condo pricing structure and may guide competitive pricing and rent-setting strategies for owners and investors.

  4. Macro and demand signals show price year-over-year trend is up and rent year-over-year trend is up, but elevated interest rate pressure (elevated) may moderate transaction activity; combined with the analyzed sample's relatively constrained active supply, expect measured price appreciation rather than rapid gains.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

15 Cottage Rd, Oakdale, CT 06370
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
2 baths
1,584 sqft
$700,000
May 1, 2026
$442/sqft/sqft
1084 E Lake Rd, Oakdale, CT 06370
Premium

Sold above market average

4 beds
3 baths
1,226 sqft
$518,000
Mar 1, 2026
$423/sqft/sqft
562 days on market
8 Hickory Dr, Oakdale, CT 06370
Market Benchmark

Sold at market average

4 beds
2 baths
1,980 sqft
$510,000
Apr 1, 2026
$258/sqft/sqft
100 days on market
8 Manor Rd, Oakdale, CT 06370
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
1 baths
1,000 sqft
$367,000
May 1, 2026
$367/sqft/sqft
23 Green Valley Dr, Oakdale, CT 06370
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,092 sqft
$350,000
Apr 1, 2026
$321/sqft/sqft
394 Cherry Ln, Oakdale, CT 06370
Premium

Sold above market average

3 beds
1 baths
936 sqft
$301,000
Apr 1, 2026
$322/sqft/sqft
95 days on market
127 Forsyth Rd, Oakdale, CT 06370
Value

Sold below market average

3 beds
1 baths
1,028 sqft
$215,000
Apr 1, 2026
$209/sqft/sqft
82 Pires Dr, Oakdale, CT 06370
Value

Sold below market average

4 beds
3 baths
4,379 sqft
$125,000
May 1, 2026
$29/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$683/mo
06370 Avg Rent
06370 Cost to Own
Rent$1,800
Own$2,483

20% down, 6.5% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

06370 Avg nightly rate
06370 Avg occupancy (days/year)
Nightly rate$353/night
Occupancy72 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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