Noblesville neighborhood · Hamilton County

Oakbay

Oakbay sits above the Noblesville median, with homes selling for a median of $577K. The median home sold in 35 days at 97.8% of its final list price. Recent sales feature basements in most homes.

By median sale price, Oakbay ranks 24 of the 66 Noblesville neighborhoods in this guide, in the middle of the range for the area. Price per square foot, about $169, is in line with the typical Noblesville neighborhood ($166). Homes took longer to sell than the typical Noblesville neighborhood (35 days versus 15 days), so buyers here are choosier about price and condition.

Market snapshot

Oakbay by the numbers.

$577K
Median sale price
$440K–$1.6M
Price range
$169
Median price per sq ft
35 days
Median days on market
97.8%
Median sale-to-list
8
Sales in this period

1 of 8 recent sales here were $750K or more.

Based on information from the Broker Listing Cooperative® (BLC®), Nov 2025 to Sep 2026, for sales over $400K only, so figures describe the upper part of the market rather than every sale. Information deemed reliable but not guaranteed.

The homes

What you'll find in Oakbay.

The typical recent sale was 3,545 square feet with 4 bedrooms on about 0.38 acres. Homes were built within a few years of each other (1988–1992), which makes comparable sales unusually reliable here. Nearly every home has a basement.

Every home is different, and the right price depends on the details. I'll prepare a valuation built from the closest recent sales to yours.

Typical size
3,545 sq ft
Bedrooms
4 (median)
Built
1988–1992
Lot size
0.38 acres (median)
School district
Noblesville Schools
City
Noblesville
Selling in Oakbay

What matters when you sell here.

Because homes here have taken 35 days to sell at the median, I price from the closest comparable sales rather than the hopeful end of the range, and I invest in presentation up front so the listing does not stall.

I live in Indianapolis and work these neighborhoods every week. More about selling in Noblesville, or compare a cash offer if you need to sell fast.

Free valuation

Find out what your Oakbay home would sell for.

A custom valuation, prepared, reviewed and refined by me personally, based on recent Oakbay sales. Need to sell fast? I can include a cash offer to compare.

What's my home worth?

Custom-built and personally reviewed by me from recent nearby sales, usually within a day. No obligation.

Thinking of selling… (optional)

Phone or email is fine, whichever you prefer. Your information goes only to me and is never sold or shared.

Got it, thank you.

This comes straight to me, and I'll get back to you personally, usually within a few hours. In a hurry? Call or text me at (317) 654-2593.

Text me now
Questions

Oakbay real estate FAQ.

What is the median home price in Oakbay?

Among 8 recent sales over $400K in Oakbay (Nov 2025 to Sep 2026), the median sale price was $577K, ranging from $440K to $1.6M.

How fast do homes sell in Oakbay?

The median home sold in 35 days on market, at a median of 97.8% of its final list price.

What school district serves Oakbay?

Most recent sales in Oakbay were in Noblesville Schools. Always confirm school assignment for a specific address.

What is the price per square foot in Oakbay?

About $169 per square foot at the median for recent sales, compared with a typical $166 across Noblesville neighborhoods in this guide. Finished basements, lot and condition move individual homes well above or below that figure.

Is Oakbay a luxury market?

1 of the 8 recent sales in Oakbay closed at $750,000 or more, so luxury sales are part of the market but not the majority.

How do I find out what my Oakbay home is worth?

Request a free valuation and I will build it personally from the closest recent Oakbay sales, adjusted for your home's size, condition, updates and lot, rather than a citywide average or an online estimate. There is no obligation.