Oak Creek, told straight. By the numbers.
The Oak Creek single-family market in May 2026: tight inventory, fast offers, but volume is down sharply YTD. Here's what the data is saying.
Where the market sits, may 2026.
Oak Creek median sale price hit $441,134 in May — a real shift up from where the market was a year ago, driven by mix more than price growth.
Sale-to-list ratio at 101.9%. The typical home is still closing about 2% over asking. Bidding war territory in the right price band.
Median CDOM at just 6 days. When something hits the market in Oak Creek and it's priced right, it's gone by the following weekend.
Absorption rate at 1.4 months — still a tight seller's market. There's roughly six weeks of inventory at the current sales pace.
Source: MLS (FlexMLS via GMAR), single-family, pulled May 17, 2026. Filtered to Oak Creek, Milwaukee County. Numbers reflect what closed in May 2026 and the 2026 year-to-date period.
Tight and fast — but volume is down 21% YTD.
Oak Creek has been one of the south-side's strongest markets for two years running, and the May data shows it's still tight: 1.4 months of absorption, 6-day median time to offer, ratio over 101%. If you're a buyer here, you're competing in real time.
But YTD volume is down 21.3% from 2025 — 59 closings through May vs 75 last year. That's not the market cooling; that's the market starving for inventory. New listings aren't matching demand. Sellers who do list right now have leverage they didn't have in spring 2024.
Where the closings are concentrated tells the story: the $400K–$500K band (8 of May's 17 sales) and the $500K–$650K band (4 sales) are the sweet spot. The $300K–$400K tier is down 37.9% YTD — not because there's no demand, but because there are almost no homes left in that range.
For buyers in Oak Creek under $400K, the search is genuinely hard right now. The realistic move is to either stretch your price band, look at Franklin or Greendale alternatives, or work with someone (me) who's calling agents about pocket listings before they hit the MLS.
For sellers, the math is simple: if you have a 3-bed in the $400K–$550K range, you're in the strongest band in the city. Price right and you'll have multiple offers by Sunday night.
May 2026 sales, by price tier.
Oak Creek's May activity concentrated almost entirely in the $400K–$650K range — 12 of 17 sales. The under-$400K segments are starved for inventory, not demand. The mid-band is the real market here.
Numbers tell you what. A conversation tells you whether.
Twenty minutes on the phone. I'll tell you what the May Oak Creek data means for your specific timeline, your price range, and your alternatives if Oak Creek doesn't have inventory.
Start a conversation