Real Estate Investing in Oaktown, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,293 • Knox County

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Should you buy in Oaktown, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 15.7% of homes vacant — above national norms.

What’s happening in Oaktown, IN?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $179,816
Avg Monthly Rent $864
ZIP Codes 1

Investing in Oaktown Real Estate

Across Oaktown's 1 ZIPs, the picture is lackluster: $180K median values, $864/mo rents, and a population that has faced real economic pressure.

Oaktown is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

Market conditions in Oaktown are subdued. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Oaktown show real pressure — median income of $N/AK is soft relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Vincennes, IN

Oaktown is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$179,816
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Vincennes, IN metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
69%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Vincennes, IN metro
0
Days to pending
7.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Oaktown, IN

Screen every ZIP in Oaktown

Filter Oaktown’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Oaktown, IN

Should investors worry about vacancy in Oaktown, IN?

Vacancy in Oaktown, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.

Where do rents currently stand in Oaktown, IN?

Investors in Oaktown, IN typically see rents near $864/mo per month against $180K home values - a solid setup for rental cash flow.

Is it easy to find good tenants in Oaktown, IN?

Tenant demand in Oaktown, IN is solid. The local workforce $864/mo rents across most rental classes.

How viable is house hacking in Oaktown, IN?

The house hack math a challenging in Oaktown, IN. Owner-occupant buyers benefit from the $864/mo rents and $180K home values.

What is the investability score for Oaktown, IN?

Oaktown, IN reflects an investability rating of 3.0/5, with median home values near $180K and average rents around $864/mo. That combination puts it in the durable tier for investor interest.

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