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Cheap Homes in Oakton, VA

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Foreclosure Homes in Oakton, VA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Oakton, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Oakton, VA and much more. Save thousands at closing with home foreclosure listings in Oakton, VA — up to 75% off market value!


Top Reasons To Live In Oakton, VA In 2021

Oakton is located in Fairfax, Virginia, with an estimated municipal population of 36,997 residents. All of the best foreclosed homes for sale in Oakton are located in the following zip code areas on Foreclosure.com: 22031 22124 22181 22185. The estimated population per square kilometer (.62 miles) in Oakton is 1,463.


Cost Of Living In Oakton, VA

So, about how much do homes cost in Oakton? The most recent median value of resident-owned homes in Oakton is 629,832. An estimated 67.5 percent of households in Oakton own their homes, with an average family size of 3.28. The median household income in Oakton is 132,256, with62.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oakton, the median commute time of resident workers (in minutes) is 34.9. And last, but certainly not least, are you looking for homes to rent in Oakton? If so, the average rent price paid by renters in Oakton is 1,923, according to recent statistics.


Diversity And Demographics In Oakton, Virginia

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Oakton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Oakton is 38.3, split between 50 percent male versus 50 female. The percentage of residents who report being married in Oakton is 56.6, with an average family size of 3.28.

The percentage of residents who report their race in Oakton is as follows:

White 62.2%
Black / African American 5.8%
Asian 22.2%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.5%
Other 4%

Looking for family-friendly neighborhoods in and/or near Oakton? Or maybe you are searching for 55+ active adult communities in and/or near Oakton?

The percentage of residents who report their age in Oakton is as follows:

Under 10 11.7%
Aged 10-19 14.2%
20s 11.8%
30s 15.7%
40s 14.5%
50s 13.3%
60s 10.4%
70s 5.9%
80+ 2.4%

Best Schools In Oakton, Virginia

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Oakton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oakton.


Pros And Cons Of Living In Oakton, Virginia

How do you know that living in -- or moving to -- Oakton is right where you need to be? Perhaps you grew up in Oakton or already live nearby; therefore, the decision to buy a home in Oakton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oakton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Oakton:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oakton.


Reasons To Move To Oakton, Virginia, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oakton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oakton, meanwhile, can field multiple offers from more qualified buyers.

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