Is Oakhurst, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Oakhurst has remained a Seller's Market.
Housing Prices in Oakhurst, IL
How much do homes in Oakhurst, IL cost?
Median Sold Price
$465,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oakhurst was $465,000 in April 2024, up 2.5% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $241K | $293.5K | +21.8% |
3 Bedrooms | $418K | $411.5K | -1.6% |
4 Bedrooms | $462.1K | $520K | +12.5% |
5+ Bedrooms | $515K | $610K | +18.4% |
Summary: Oakhurst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 18.4%.
Housing Supply in Oakhurst, IL
How many homes are available in Oakhurst, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 13 | +85.7% |
Summary: The Oakhurst real estate market had 13 homes for sale in April 2024, a 85.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 4 | 9 | +125.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oakhurst housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 125%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Oakhurst in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Oakhurst, IL
How long does it take to sell a home in Oakhurst, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 11 Days | +50.0% |
Summary: Homes in Oakhurst had an average of 11 days on market in Apr 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Oakhurst; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.