House Prices

House Prices & Home Values Oakwood, VA 2026


Average Data

average house price$209,500
average size per house1664 ft²
average price per ft²126 $ / ft²

06/22/2026 - The value range (VR) for house prices in Oakwood, VA is $69/ sqft to $69/ sqft. An average home with 1664 sqft costs approximately $114,816 to $114,816. Oakwood, VA includes 1 ZIP codes and it is located in Buchanan county. The lowest prices are found in ZIP 24631, while the highest are in ZIP 24631. The average price per sqare feet is $126. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Oakwood

2463172 $ / ft²




Historical development of home values in Oakwood

Year Estimated value (USD) Change vs. 2025
2010 $97,296 -53.6%
2011 $93,533 -55.4%
2012 $93,281 -55.5%
2013 $96,768 -53.8%
2014 $101,580 -51.5%
2015 $106,793 -49.0%
2016 $112,366 -46.4%
2017 $118,431 -43.5%
2018 $124,979 -40.3%
2019 $130,774 -37.6%
2020 $137,534 -34.4%
2021 $156,430 -25.3%
2022 $182,363 -13.0%
2023 $192,310 -8.2%
2024 $203,435 -2.9%
2025 $209,500 0.0%

Graph: estimated home values in Oakwood over time (USD)



Example: 100% financing house in Oakwood

Loan amount: $209,500

Interest rate: 6.00%

Fixed monthly payment: $1,256.06

Breakdown in the 1st month:
Interest portion: $1,047.50  –  Principal portion: $208.56

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,500.02 $2,572.68 $206,927.32
2 $12,341.34 $2,731.36 $204,195.95
3 $12,172.87 $2,899.83 $201,296.13
4 $11,994.02 $3,078.68 $198,217.45
5 $11,804.13 $3,268.57 $194,948.88
6 $11,602.53 $3,470.17 $191,478.71
7 $11,388.50 $3,684.20 $187,794.51
8 $11,161.27 $3,911.43 $183,883.08
9 $10,920.02 $4,152.68 $179,730.40
10 $10,663.89 $4,408.81 $175,321.59
11 $10,391.97 $4,680.73 $170,640.86
12 $10,103.27 $4,969.43 $165,671.43
13 $9,796.77 $5,275.93 $160,395.49
14 $9,471.36 $5,601.34 $154,794.15
15 $9,125.88 $5,946.82 $148,847.33
16 $8,759.09 $6,313.61 $142,533.72
17 $8,369.68 $6,703.02 $135,830.70
18 $7,956.25 $7,116.45 $128,714.26
19 $7,517.33 $7,555.37 $121,158.88
20 $7,051.33 $8,021.37 $113,137.51
21 $6,556.59 $8,516.11 $104,621.40
22 $6,031.33 $9,041.37 $95,580.03
23 $5,473.68 $9,599.02 $85,981.02
24 $4,881.63 $10,191.07 $75,789.95
25 $4,253.07 $10,819.63 $64,970.32
26 $3,585.74 $11,486.96 $53,483.36
27 $2,877.25 $12,195.45 $41,287.91
28 $2,125.06 $12,947.64 $28,340.28
29 $1,326.48 $13,746.22 $14,594.06
30 $478.64 $14,594.06 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Oakwood, VA


1500 sqft3900 sqft
Ø selling price$228,691$486,487
Ø fast selling$207,901$437,838
Ø high price sale$249,481$535,135

In 2026, houses in Oakwood, VA will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $228,691 is 23.83% more expensive per square foot than a 3,900 sqft home priced at $486,487. Home prices in Oakwood, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $336,798. Sellers who can wait longer may achieve a higher price of up to $411,643.


Discover Oakwood, VA

Location & Overview

Oakwood, VA is a small, welcoming community in Buchanan County nestled in the Appalachian Mountains of Southwest Virginia.
This unincorporated area offers a peaceful rural lifestyle with scenic ridgelines and easy access to nearby towns like Grundy and Richlands.

History & Heritage

Rooted in coal and timber heritage, Oakwood reflects the hardworking traditions of Central Appalachia.
Local pride shows in community events, churches, and volunteer organizations that support neighbors year-round.

Things to Do & Outdoors

Outdoor recreation abounds with hiking, fishing on nearby rivers, hunting seasons, and access to ATV trails and backroads for scenic drives for anyone searching for things to do in Oakwood, VA.
The four-season mountain climate brings colorful fall foliage, warm summers, and occasional winter snow perfect for cozy getaways.

Education & Community

Oakwood is home to the Appalachian College of Pharmacy, drawing students and healthcare professionals who enrich the local economy and services.
Families are served by Buchanan County Public Schools along with regional libraries, parks, and youth sports.

Economy, Real Estate & Travel

The local economy blends healthcare, education, small businesses, and enduring energy-sector roots, and real estate in Oakwood, VA remains comparatively affordable for homebuyers and renters.
Situated along U.S. Route 460 with connections to VA-83, Oakwood, Virginia offers convenient regional travel and proximity to shopping, medical care, and outdoor adventure.



FAQ – Home Values in Oakwood

What is the median home value in Oakwood in 2026?

In 2026, the typical home value in Oakwood is about $209,500 for an average home size of 1664 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Oakwood?

In 2026, homes in Oakwood sell for an average of around $126 per square foot, with a typical range between $69 and $69 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Oakwood is about 1664 square feet, with an estimated 2026 value around $209,500.



Locations close to Oakwood, VA

Pilgrims Knob, VA71 $ / ft²
Pocahontas, VA58 $ / ft²
Pounding Mill, VA67 $ / ft²
North Tazewell, VA69 $ / ft²
Maxie, VA85 $ / ft²
Jewell Ridge, VA73 $ / ft²
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