Housing Prices in Oakland, IL

How much do homes in Oakland, IL cost?

Median List Price

$140,000

$104/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$10,000(+7.7%)

Key Takeaway

The list price of homes in Oakland has increased by 7.7% since last year.

Summary: The median home list price in Oakland was $140,000 in February 2024, up 7.7% from the previous year, and the median price per square foot was $104.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $59.9K$49.9K
-16.7%
3 $189.9K$150K
-21.0%
4 $99.9K-
N/A
5+ $198.5K-
N/A

Summary: Oakland housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 21%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

East Oakland Township
+9.8%
Oakland
+7.7%

Housing Supply in Oakland, IL

How many homes are available in Oakland, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
110.0%

Summary: The Oakland real estate market had 1 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Oakland housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Oakland, IL

How long does it take to sell a home in Oakland, IL?

Average Listing Age

Feb 2023Feb 2024CHANGE
51 Days206 Days+303.9%

Summary: Homes in Oakland had an average listing age of 206 days in Feb 2024, up by 303.9% compared to the previous year.

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

Report Updated 28 Days Ago

Newest Listings in Oakland, IL

Nearby Markets to Oakland, IL