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Oakdale housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$341K+22.8% vs. May 2025
  • Homes sold32+6.7% vs. May 2025
  • Days on market40May 2026
  • Months of supply1.5end of May 2026

The short version

Oakdale in May 2026

In May 2026, 32 homes sold in Oakdale, against 30 in May 2025.

The median sale price was $341,250, up 22.8% from a year earlier, and homes spent 40 days on market, with sellers receiving 101% of their original list price.

The month ended with 46 homes for sale, 1.5 months of supply (a seller’s market by the usual measure).

Over the 12 months through May 2026, the median was $320,000 (up 3.2%) across 367 sales.

That was the 69th highest median sale price of the 81 cities in our guides with at least 10 sales that month.

Median sale price by month through May 2026, Oakdale
200k300k400k500kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026May 2026$390,000Oct 2024$390,000Nov 2024$324,500Dec 2024$300,000Jan 2025$268,550Feb 2025$280,000Mar 2025$297,000Apr 2025$390,000May 2025$277,950Jun 2025$387,500Jul 2025$380,000Aug 2025$330,000Sep 2025$321,250Oct 2025$311,000Nov 2025$335,000Dec 2025$300,000Jan 2026$280,500Feb 2026$281,750Mar 2026$274,450Apr 2026$310,000$341,250May 2026$341,250

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$390,000
Nov 2024$324,500
Dec 2024$300,000
Jan 2025$268,550
Feb 2025$280,000
Mar 2025$297,000
Apr 2025$390,000
May 2025$277,950
Jun 2025$387,500
Jul 2025$380,000
Aug 2025$330,000
Sep 2025$321,250
Oct 2025$311,000
Nov 2025$335,000
Dec 2025$300,000
Jan 2026$280,500
Feb 2026$281,750
Mar 2026$274,450
Apr 2026$310,000
May 2026$341,250

All the numbers

Oakdale, May 2026 vs. May 2025

May 202612 months through May 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$277,950$341,250+22.8%$310,000$320,000+3.2%
Average sale price$311,693$329,819+5.8%$326,313$336,033+3.0%
Price per square foot$194$201+3.4%$190$194+2.1%
Closed sales3032+6.7%341367+7.6%
New listings4553+17.8%474514+8.4%
Days on market2040+100.0%3338+15.2%
% of original list price received101%101%0.0%99.8%99.2%−0.6%
Homes for sale (end of month)5046−8.0%———
Months of supply1.71.5−11.8%———
Twin Cities region, median price$395,000$399,000+1.0%$385,000$390,000+1.3%

Source: Minneapolis Area REALTORS® Local Market Update, Oakdale, May 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Oakdale in May 2026: questions

What was the median home price in Oakdale, MN in May 2026?

$341,250, from 32 sales (up 22.8% from May 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Oakdale, MN in May 2026?

32, against 30 in May 2025. 53 new listings came on the market that month.

Was Oakdale a buyer's or seller's market in May 2026?

Oakdale ended May 2026 with 1.5 months of supply (46 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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