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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Oakville, CT Housing Affordability Index

Oakville, Connecticut has an MBR Housing Affordability Index score of 104.2 (Near National Average) as of October 30, 2026, ranking 25th most affordable of 95 scored Connecticut cities, compared with 87.5 statewide and 97.4 nationally. On a median-priced $280,500 home with 20% down, the Connecticut average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $1,530, or 19% of the city’s $95,515 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Oakville is updated every night from live Connecticut mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Oakville MBR-HAI 104.2 Near National Average
Rank in Connecticut 25 of 95 1 = most affordable
Connecticut 87.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% Connecticut lenders
Median home value $280,500 U.S. Census Bureau

Oakville is 16.7 points above the Connecticut score. Scores as of October 30, 2026. See the Connecticut index

View Oakville Mortgage Rates

What It Takes to Buy in Oakville

$1,530/mo
Principal & Interest
Median home, 20% down, 7.25%
$65,600
Income Needed
To keep the payment at 28% of income
$95,515
Median Household Income
Connecticut: $95,781
2.9x
Price-to-Income Ratio
Connecticut: 3.8x
$1,736/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$5,115/yr
Median Property Tax
1.82% of median value
33.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
44.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Oakville, Connecticut. The rate is the Connecticut average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Oakville Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Oakville, Connecticut score: 104.2 (Near National Average), ranked 25 of 95 Connecticut cities. monitorbankrates.com/housing-affordability-index/connecticut/oakville”