Morgan Leone
Oakdale Real Estate
Morgan Leone provides expert guidance for buyers and sellers in Oakdale, Minnesota. This Washington County community offers a stable market for single-family homes and townhouses.
Oakdale serves as a central hub in the eastern metro, where the median year homes were built is 1985 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). The housing landscape consists largely of established residential streets, with homes that are single-family detached making up 56% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Morgan Leone helps clients navigate this inventory with a focus on education and constant communication.
Working with Pemberton Real Estate, Morgan Leone specializes in first-time buyer education and seller representation. The local market shows steady long-term growth, with a home price change over 5 years in Washington County of +35.0% (Federal Housing Finance Agency House Price Index, 2020 to 2025). Clients receive direct support from Morgan throughout the entire transaction, ensuring no detail is missed from the initial search to the closing table.
By the numbers
Oakdale, MN at a glance
| Population2020–2024 ACS 5-year estimates | 28,585 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 11,959 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $318,100 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,481 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $3,145 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 78% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 56% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1985 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 75% |
| Home price change, 1 year (Washington County)2024 to 2025 | +1.8% |
| Home price change, 5 years (Washington County)2020 to 2025 | +35.0% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Oakdale, Minnesota?↓
The median home value for owner-occupied units is $318,100 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the diverse range of single-family homes and townhouses available in the city. Morgan Leone assists buyers in understanding how these values align with their specific budget and goals.
What are the current mortgage rates for homes in Oakdale?↓
As of the week of 2026-09-24, the average 30-year fixed mortgage rate in the U.S. is 7.03% (Freddie Mac Primary Mortgage Market Survey). This is an increase from the average 30-year fixed mortgage rate a year earlier, which was 6.26% (Freddie Mac Primary Mortgage Market Survey, week of 2025-09-18). Morgan Leone helps clients evaluate how these rates impact their monthly housing costs.
How many homes in Oakdale are occupied by the owners?↓
In Oakdale, homes that are owner-occupied account for 78% of the housing stock (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). There are 11,959 total housing units in the city (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This high rate of ownership is a defining characteristic of the local residential market.
What is the typical commute for residents living in Oakdale?↓
Commuting is a major factor for residents, with commutes under 30 minutes achieved by 75% of the population (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). The city's location provides efficient access to major regional employment centers. Morgan Leone often works with relocation clients who prioritize these shorter travel times.
How much should I expect to pay in property taxes in Oakdale?↓
The median annual property tax paid by residents is $3,145 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Property taxes are a critical component of the total monthly payment for any homeowner. Morgan Leone provides detailed breakdowns of these costs for every property under consideration.
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