Is Oakhurst, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakhurst is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Oakhurst has remained a Seller's Market.

Key Takeaway

Oakhurst is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$11,500(+2.5%)

Key Takeaway

Homes in Oakhurst have sold for 2.5% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $241K$293.5K
+21.8%
3 $418K$411.5K
-1.6%
4 $462.1K$520K
+12.5%
5+ $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 2024Apr 2024CHANGE
713+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

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 49
+125.0%
5+ 00
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 2024Apr 2024CHANGE
24+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakhurst, you could pay more than the asking price. 75% of homes here sold above asking price last month.

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 2023Apr 2024CHANGE
7 Days11 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oakhurst are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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