Living in Oakwood, Ohio
Your Complete Community Guide
Everything you need to know about one of the Dayton area's most prestigious and historic communities. From top-ranked schools and stunning architecture to cost of living and local life. Written by a local expert who knows the Dayton market inside and out.
Oakwood is a small, affluent city in Montgomery County, nestled between Dayton, Kettering, and the southern suburbs. It is one of the most desirable small communities in the Miami Valley, known for its top-ranked schools, stunning historic homes, and a walkable, tight-knit community atmosphere that is rare to find.
As a Dayton native and a Realtor serving the greater Dayton area for more than 20 years, I have watched Oakwood maintain its reputation as one of the most distinctive communities in southwest Ohio. The Oakwood City School District is consistently ranked among the top in the state. The housing stock is architecturally remarkable, with a concentration of pre-1940 homes in Tudor, Colonial Revival, Craftsman, and Spanish Eclectic styles that you simply do not find in newer suburbs. And the community itself is walkable, proud, and deeply connected. Whether you are relocating to the Dayton area for work at Wright-Patterson Air Force Base, moving up to a home in a top-tier school district, or downsizing to a walkable community with character, Oakwood is a community that deserves serious consideration. This guide covers everything you need to know.
A central address in
the Miami Valley.
Oakwood's location is one of its strongest assets. The city sits just south of downtown Dayton, bordered by Kettering to the south and east and the historic Dayton neighborhoods of South Park and St. Anne's Hill to the north. I-675 is minutes away, providing quick access to the entire Dayton metro area and beyond.
Wright-Patterson Air Force Base, the region's largest employer, is about 15-20 minutes northeast via I-675. Downtown Dayton is a 10-15 minute drive north, making Oakwood an ideal location for professionals working in the city. The University of Dayton is approximately 10-15 minutes away, and Cincinnati is roughly 55-65 minutes south via I-75, making a day trip to the city or airport entirely manageable.
Appealing to Military Families
Oakwood's proximity to WPAFB and top-rated schools make it appealing for military families. See our Military Relocation Guide for the full picture on Dayton-area communities.
One of Ohio's top school
districts, year after year.
The Oakwood City School District is the #1 reason families choose this community. Ranked #11 out of 916 school districts in Ohio (top 5% statewide), the district consistently outperforms nearly every other public school system in the state. Average math proficiency is 86% compared to the state average of 55%, and average reading proficiency is 91% versus the state average of 60%. The graduation rate is 95%.
- Harman Elementary School — Top 10%. Grades PK-5, strong academic foundation.
- Oakwood Elementary School — Top 20%. Math and reading in state's top 10%.
- Oakwood Junior High School — Top 5%. Grades 6-8, highly rated.
- Oakwood High School — #338 National. Math 95%, Reading 95%, graduation rate 95%.
Academic Decathlon Excellence
Oakwood High School's Academic Decathlon team is one of the most decorated programs in the nation. They won Division III National Championships every year from 2012 through 2023, won the Division II National Championship in 2018, and set the highest score record for any Division III school in 2016. They also won the Ohio state championship every year from 2011 to 2023.
Private School Options
Several private and parochial schools serve the Oakwood area for families seeking faith-based or alternative education options:
- Incarnation Catholic School (PK-8, Centerville)
- Immaculate Conception School (PK-8, Dayton)
- The Miami Valley School (PreK-12, Dayton)
- Dayton Christian School (PK-12, Miamisburg)
- Chaminade Julienne Catholic High School (Dayton)
- Carroll High School (Dayton)
- Archbishop Alter High School (Kettering)
Oakwood High School is ranked #338 nationally by U.S. News & World Report and is rated #1 in the Dayton area for Best Teachers by Niche. The combination of top-tier academics, outstanding extracurricular programs, and a supportive community makes the Oakwood school system a genuine draw for families from across the region.
A premium community with
higher home values.
Oakwood is a premium community, and the cost of living reflects that. Home values are among the highest in the Dayton area, driven by the top-ranked school district, the historic housing stock, and the desirability of the community. The median home value is approximately $412,000, with a median sale price around $397,000 as of early 2026, up 8.5% year-over-year.
City Income Tax: 2.50%
Oakwood has a city income tax of 2.50%, administered through RITA (Regional Income Tax Agency). Residents receive a credit for taxes paid to other cities where they work. This is a meaningful factor to consider when comparing Oakwood to communities like Beavercreek (which has no city income tax). However, the exceptional schools, historic character, and stable property values in Oakwood continue to attract buyers who prioritize quality of life over tax savings.
The median home sale price in Oakwood is approximately $397,000 (up 8.5% year-over-year). Home prices typically range from the mid-$200,000s for smaller bungalows and condos to over $1 million for grand historic estates on premier streets. The market is very competitive, with about 322 homes sold in the past 12 months.
Montgomery County has a median effective property tax rate of approximately 1.85%, and Oakwood's effective rate is approximately 2.61%. Combined with the 2.50% city income tax, the overall tax burden is higher than some surrounding communities. However, the premium reflects the exceptional school district and the value of Oakwood's historic housing stock.
Oakwood's housing stock is overwhelmingly pre-1940, with a concentration of architecturally significant homes in Tudor, Colonial Revival, Italian Renaissance, Spanish Eclectic, Prairie, Craftsman, and Cape Cod styles. Homes from the 1950s-1970s are also present, primarily on the edges of the city, but the core of Oakwood is defined by its early 20th-century character.
Median household income in Oakwood is approximately $156,700, well above both the Ohio and national averages. The high income levels reflect a community of professionals, executives, and business owners who choose Oakwood for its schools, character, and location. The homeownership rate is high, and the community is known for its stability and pride of ownership.
Historic homes, tree-lined
streets, architectural character.
Far Hills Avenue Corridor
The heart of Oakwood, this area runs along the main thoroughfare and features an impressive collection of early 20th-century homes in a variety of architectural styles. Many homes are pre-1940 with slate roofs, original woodwork, and meticulous craftsmanship. The tree-lined streets and wide boulevards define Oakwood's character.
Best for: Buyers who want historic character, walkability to downtown Oakwood shops and dining, and one of the most prestigious addresses in the Dayton area.
Shafor Park Area
An elegant neighborhood surrounding Shafor Park, one of Oakwood's premier green spaces. Grand Tudor and Colonial Revival homes sit on generous lots with mature landscaping. The park itself features a swimming pool, tennis courts, and community event space. This is one of the most desirable pockets in Oakwood.
Best for: Families who want access to park amenities, larger lots, and a quiet, established setting.
Park Avenue District
A charming area with a mix of architectural styles including Craftsman bungalows, Cape Cods, and Spanish Eclectic homes. The streets are narrower and more intimate, with a strong sense of community. Close to Oakwood Elementary and the heart of the city.
Best for: Buyers looking for a more moderate price point in Oakwood with excellent walkability.
Ridgewood Hills
An elevated neighborhood with some of Oakwood's most impressive homes. Set on rolling terrain with panoramic views, this area features stately homes with distinctive architecture. Larger lots, more privacy, and a secluded feel while still being minutes from everything.
Best for: Luxury buyers seeking privacy, views, and one of Oakwood's most exclusive addresses.
Hills & Dales Border
The western edge of Oakwood bordering Hills & Dales MetroPark, a 63-acre natural retreat designed by the Olmsted Brothers. Homes here enjoy direct access to the park's walking trails, rolling hills, and wooded groves. A nature lover's paradise within the city.
Best for: Outdoor enthusiasts who want park access right outside their door.
Oakwood is a smaller, established community with limited new construction due to its small footprint. The architectural variety is one of the city's defining features. Walking through Oakwood feels like exploring a living museum of early 20th-century residential design. The tree-lined streets, wide boulevards, and meticulous landscaping create a setting that is both elegant and welcoming. I know every street and every pocket of this community, and I can help you find the right home for your lifestyle.
A walkable community with
beautiful green spaces.
Oakwood is a walkable community with a strong emphasis on parks and outdoor recreation. The City of Oakwood maintains several parks and natural areas, and the city's proximity to the Five Rivers MetroParks system expands the options dramatically. The tree-lined streets themselves are a major asset, making Oakwood one of the most walkable communities in the Dayton area.
Shafor Park
Oakwood's premier community park featuring a swimming pool, tennis courts, playground, picnic shelters, and open green space. Home to the annual Family Fall Festival and Holiday of Lights events. A central gathering place for the community.
Cook Park
A neighborhood park with playground equipment, open space for recreation, and a peaceful setting shaded by mature trees. Located in the heart of Oakwood.
Hills & Dales MetroPark
A 63-acre natural retreat designed by the famed Olmsted Brothers. Features rolling hills, woods, wetlands, an Adirondack-style shelter, boardwalk, and picnic areas. A true gem in the Five Rivers MetroParks system, located on Oakwood's western border.
Smith Memorial Gardens
A beautifully maintained garden space with native plantings, walking paths, and seating areas. A quiet spot for reflection and enjoying nature.
Creager Field Dog Park
A dedicated off-leash dog park where Oakwood residents can exercise their dogs in a safe, fenced environment.
Hollinger Memorial Tennis Center
A premier tennis facility offering well-maintained courts and programming for players of all skill levels.
More Outdoor Highlights
- Community Golf Course
A public 18-hole golf course located just minutes from Oakwood on Berkley Street in Dayton. Affordable, walkable, and well-maintained.
- Creager Field Dog Park
A dedicated off-leash dog park for Oakwood residents. A great amenity for pet owners in the community.
- Hills & Dales MetroPark
A 63-acre natural retreat designed by the Olmsted Brothers (who also designed New York's Central Park). Features rolling hills, woods, wetlands, boardwalk, and picnic areas.
- Great Miami River Trail
Part of the region's extensive paved trail network, accessible from Oakwood. Connects to downtown Dayton, Carillon Park, and points south.
Charming local businesses
and a vibrant food scene.
The downtown Oakwood shopping and dining district centers on Far Hills Avenue between East Drive and Peach Orchard Avenue. This walkable corridor is home to an impressive collection of local restaurants, coffee shops, and boutiques that give Oakwood its distinctive character. Dorothy Lane Market, an upscale gourmet grocery, is a cornerstone of the community.
Beyond Oakwood, residents have easy access to the Dayton Mall, The Greene Town Center, and the extensive shopping and dining options along the Route 725 corridor in Kettering and Centerville. The Dayton region's best retail and dining destinations are all within a 15-minute drive.
The Oakwood Club — an Oakwood institution serving steaks and seafood in an elegant setting. A go-to for special occasions and fine dining in the community.
Central Perc European Cafe — a charming cafe on Far Hills Avenue offering British afternoon tea, European-style lunch, and an inviting atmosphere. A local favorite.
Three Birds — a popular spot for creative American cuisine in a warm, welcoming setting. Known for their brunch and dinner menus.
The Blueberry Cafe — a beloved breakfast and brunch destination with generous portions and a loyal following. Worth the wait on weekends.
Table 33 — a farm-to-table restaurant offering seasonal menus and craft cocktails in an intimate setting.
Central Perc European Cafe — also a top coffee destination. Tastefully Roasted on Oakwood Avenue offers specialty coffee drinks in a cozy setting.
Dorothy Lane Market — an upscale gourmet grocery store on Far Hills Avenue that is a cornerstone of the Oakwood shopping experience. Known for exceptional produce, prepared foods, and a legendary bakery.
Far Hills Avenue Boutiques — local shops including Indie West, Maraluna, Wild Poppy, Get Dressed Boutique, Blue Turtle Toys, and Morning Sun line the main corridor, offering a curated shopping experience.
Dorothy Lane Market is the neighborhood grocery destination. Kroger, Meijer, and Fresh Thyme are also available within a short drive in Kettering and Centerville.
Community events, cultural
attractions, and family fun.
Oakwood has a strong sense of community, and the annual events calendar reflects that. From the Family Fall Festival at Shafor Park to the Holiday of Lights celebration in December, there is always something bringing neighbors together.
Top Area Attractions
The world's largest military aviation museum, located on Wright-Patterson Air Force Base. Free admission. About 15 minutes from Oakwood.
A premier art museum with a world-class collection spanning 5,000 years. Located on the bluffs of the Great Miami River, about 10 minutes north.
A 65-acre history park featuring the original 1905 Wright Flyer III, historic buildings, and the Carillon Bell Tower. About 10 minutes north.
Interactive science museum in Dayton with exhibits on animals, robotics, astronomy, and natural history. Great for kids, about 10 minutes north.
Annual Events & Festivals
- Family Fall Festival — Held annually in October at Shafor Park, featuring games, bouncy houses, slides, hayrides, and a children's Costume Parade with prizes. A beloved Oakwood tradition for over 18 years.
- Holiday of Lights — A December celebration at Shafor Park beginning with the lighting of the Holiday Tree, followed by a performance from the Oakwood High School Band. Horse-drawn carriage rides along Shafor Boulevard lined with luminaries, a hot chocolate bar, and a visit with Santa.
- Oakwood Arts Community Events — The Oakwood Arts organization hosts interactive community events throughout the year, including exhibitions, artist-in-residence programs, and creative workshops for all ages.
- Oakwood High School Performing Arts — Regular theater productions, concerts, and performances at the Oakwood High School auditorium, showcasing the district's strong arts programs.
- Oakwood Community Pride Celebration — An annual LGBTQ+ celebration of families and allies held at Shafor Park, featuring snacks, crafts, games, and local resources.
- Summer Recreation Programs — Oakwood Leisure Services runs swim team activities, tennis camps, and youth programs throughout the summer months at Shafor Park and other facilities.
A distinctive market with
strong, long-term value.
The Oakwood housing market is one of the most distinctive in the Dayton area. With a median sale price of approximately $397,000 (up 8.5% year-over-year), Oakwood commands a significant premium over surrounding communities. The market is very competitive, with about 322 homes sold in the past 12 months and prices ranging from approximately $68,000 for smaller condos to over $1.6 million for premier historic estates.
Types of Homes Available
- Historic character homes — the defining feature of Oakwood. These pre-1940 homes in Tudor, Colonial Revival, Spanish Eclectic, and Craftsman styles feature slate roofs, leaded glass windows, original hardwood floors, and intricate craftsmanship. These are the homes that make Oakwood unique.
- Mid-century ranches and colonials — primarily on the edges of Oakwood, these homes from the 1950s-1970s offer more modest price points while still providing access to Oakwood schools and community.
- Condominiums and townhomes — limited inventory but available, primarily in the lower price range. Popular with downsizers and those seeking a lower-maintenance lifestyle in Oakwood.
- Limited new construction — due to Oakwood's small footprint (approximately 2.5 square miles) and established character, new construction is rare. Most homes are original to the community, and teardown/rebuild opportunities are limited by historic preservation considerations.
Market Insight
Oakwood is the most distinctive whole-home market in the Dayton area. The pre-1940 housing stock preserves exceptional craftsmanship that maintains strong property values. Inventory is limited due to the small size of the community, and homes that are well-maintained and priced appropriately often sell quickly. Buyers should be prepared to act decisively when the right property comes to market. The limited inventory and consistent demand create a market that rewards preparation and local expertise.
An upscale, tight-knit
community with historic charm.
Oakwood is a small city of approximately 9,500 residents, making it one of the more intimate communities in the Dayton area. The median age is 40.9 years, and the median household income is approximately $156,700, significantly higher than both the Ohio and national averages. The community is well-educated, with a high percentage of residents holding bachelor's degrees and advanced degrees.
The community atmosphere in Oakwood is one of its strongest attributes. It is an upscale, tight-knit community with a strong sense of pride and identity. Residents are actively involved in the schools, local government, and community events. The walkable, historic character of the city encourages neighborly interaction. Oakwood is not a community where people simply live — it is a community where people belong.
Oakwood consistently ranks as one of the safest communities in Montgomery County. The Oakwood Police Department is highly regarded, and the low crime rates are a major draw for families.
Oakwood has a strong sense of community identity. The Oakwood Historical Society, the Oakwood Arts organization, the PTA, and various neighborhood groups keep residents engaged and connected. The community takes pride in its schools, its architecture, and its quality of life.
Oakwood is one of the most walkable communities in the Dayton area. The downtown corridor along Far Hills Avenue is pedestrian-friendly, and the tree-lined streets throughout the city make walking a pleasure. Many residents can walk to the library, the grocery store, restaurants, and parks.
Practical advice for
buying a home in Oakwood.
Oakwood is a special community, but buying a home here comes with some unique considerations. Here is the practical information you need before making a decision.
City Income Tax: 2.50%
Oakwood has a 2.50% municipal income tax administered through RITA. Residents receive a tax credit for wages taxed in another city. Factor this into your budget when comparing communities.
Historic District & Preservation
Oakwood has a designated historic district established in 1975. A Certificate of Appropriateness (COA) is required for any exterior work involving design changes, construction, or demolition. Minor works can be approved by city staff, while major works require review by the Historic Development Commission. The Society for the Preservation of Historic Oakwood (SPHO) works with the city on preservation efforts. If you are buying a historic home, be prepared for these additional considerations when planning renovations.
Internet & Connectivity
Oakwood is served by AT&T, Spectrum, and Arthur Mutual Telephone Company for internet. Fiber and high-speed cable options are available throughout most of the city.
Building Permits
Building permit applications are submitted to the City of Oakwood at 30 Park Avenue or emailed to zoning@oakwoodohio.gov. Zoning permits have a $50 fee. Early application is recommended, and work should not begin before permits are approved.
Older Homes Need Attention
Oakwood's housing stock is overwhelmingly pre-1940, and many of these homes are full of plaster, slate roofs, and original woodwork. While the craftsmanship is exceptional, older homes may have systems reaching end-of-life. Budget for potential updates to electrical, plumbing, HVAC, and roofing. A thorough home inspection by someone familiar with historic homes is essential. I can connect you with inspectors who specialize in older properties.
Limited Inventory
Oakwood is approximately 2.5 square miles with limited room for new development. Homes do not come to market often, and when they do, they tend to attract strong interest. Working with a local agent who knows the community, understands the market, and can move quickly when the right property appears is critical. I have helped many families navigate this competitive market and find the right home.
Written by Jason White — your trusted Dayton-area advisor.
I have been helping families buy and sell homes in the greater Dayton area for over 20 years. As a Dayton native and graduate of the University of Dayton (BS in Education) and Wright State University (MBA), I understand this community intimately. I know the schools, the neighborhoods, the market trends, and the unique character of each community I serve.
My approach is simple: I advise based on experience and data, not pressure. Whether you are buying your first home, relocating to the Dayton area, selling a property, or handling an estate sale, I provide clear guidance and a strategy that works for your situation.
I would be honored to help you find your place in Oakwood or any of the other great communities I serve.
Thinking about making
Oakwood your home?
I have been helping families buy and sell in the Dayton area for over 20 years, and I would love to help you find the perfect place in Oakwood. Whether you are ready to start looking or just exploring your options, let us talk.