Oakwood, Texas.
Typical home $289,352 (-0.5% in a year).
to buy the typical home at today's mortgage rate — +$635 (+72%) since Jan 2020.
- 1 year
- Down $1,417 -0%
- $290,769$289,352 since Sep 2025
- 5 years
- Down $11,179 -4%
- $300,531$289,352 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Oakwood$1,519
- Texas$1,556
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Oakwood, TX fell 0.5% over the past year — slower than the nation's +1.2%.
Living in Oakwood, Leon County, Texas
Oakwood is a town of 389 people in Leon County. Unemployment in Leon County was 4.2% in August 2026, and the county had 5.8% more jobs in 2025 than the year before. The most people in Leon County work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Oakwood is a very small town in Leon County, Texas, where neighbors are likely to know one another. Most adults do not hold a four-year degree, and the typical home is worth more than many would expect for a place this size.
Work. Residents work mostly in schools, hospitals and social care, followed by farming, forestry and mining, the building trades and shops. Across Leon County, the largest workplaces include Nucor Steel Jewett, Buffalo ISD and NRG. The county has gained jobs over the past year, and unemployment there is slightly lower than a year ago.
Things to do. Several parks and natural areas lie within a longer drive. Fairfield Lake State Park and Fort Boggy State Park are protected areas for time outdoors, and Catfish Creek is a river for a quieter day. Winters are mild and summers are hot, with a fair amount of rain through the year.
Report a mistake
- 10%of adults have a degree
What people in Leon County work in
Employed residents by industry, from the Census survey. Leon County had 6,189 jobs in 2025, 5.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 59° and lows near 38°; warmest in August, with highs near 95° and lows near 73°. About 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Palestine Wnw weather station, 15 miles away (NOAA).
Largest workplaces in Leon County
- R Construction CompanyOil and gas field services on a contract basis754
- A. L. HelmcampPavement, highway, road, street, bridge or airport runway, construction567
- Nucor Steel JewettBars, iron, made in iron and steel mills458
- Buffalo ISDSchool district177FTE
- NRGPower generation, fossil fuel, electric150
- Centerville ISDSchool district122FTE
- Leon ISDSchool district116FTE
- Normangee ISDSchool district113FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 2,254 people in all across the county; Oakwood has one of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- LightningVery high
- DroughtRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- HurricanesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Oakwood’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Leon County.
Oakwood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Oakwood$289,352
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 6 Oakwood listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Oakwood16.47%
- United States25.56%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Oakwood18
Zip codes with a Oakwood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Oakwood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.