Similar to the surrounding areas, it's a lot more expensive compared to the entire nation. Even when compared to the city of Washington, it is a little more expensive.
Home prices
The median home cost in Oakton is $631,700. It is about $25,280 (4%) higher compared to the surrounding areas.Compared to the country as a whole it is approximately $414,200 (190%) higher, and compared to the city of Washington it is about $30,200 (5%) higher.
Rents
Oakton's median rent is $1,923 per month. In comparison to the surrounding areas this is approximately $49 (2%) lower.It is approximately $861 (81%) higher compared to the United States as a whole, and in comparison to the city of Washington is about $382 (24%) higher.
Nearby places
Vienna
Vienna is Oakton's neighbor to the east. Its housing prices are a bit more expensive. Vienna's median home value is $743,500, which comes out to $111,800 (15%) higher than Oakton. Rents there are a bit more expensive. The median rent in Vienna is $2,081 per month, which works out to $158 (7%) higher than Oakton.
Fairfax
Fairfax is Oakton's neighbor to the south. Its housing prices are a bit less expensive. Fairfax's median home price is $560,400, which is $71,300 (12%) lower than Oakton. Its rents are similar. The median rent in Fairfax is $1,834 a month, which is $89 (4%) lower than Oakton.
Merrifield
Merrifield is Oakton's neighbor to the east. Its real estate prices are a little less expensive. The median home in Merrifield is valued at $494,700, which comes out to $137,000 (27%) lower than Oakton. Rent there is pretty similar. Merrifield's median monthly rent is $2,021, which comes out to $98 (4%) higher than Oakton.
Fair Oaks
Fair Oaks is Oakton's neighbor to the southwest. The housing prices there are significantly less expensive. The value of the median home in Fair Oaks is $453,500, which comes out to $178,200 (39%) lower than Oakton. The rent there is similar. In Fair Oaks the median monthly rent is $1,963, which comes out to $40 (2%) higher than Oakton.
Mantua
Mantua is roughly 3 miles southeast from Oakton. Its real estate prices are somewhat more expensive. Mantua's median home price is $780,000, which is $148,300 (19%) higher than Oakton. Rent there is fairly similar. The median rent in Mantua is $1,959 per month, which works out to $36 (1%) higher than Oakton.
