Oak Run, IL is a great place for people looking to buy a home. The median value of houses in Oak Run is $293,500, which is lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate of houses in Oak Run was 7.76%, slightly lower than the national average of 8.27%. This means that house prices are relatively stable and affordable in Oak Run while still growing at a healthy rate.
The median home cost in Oak Run is $293,500. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Oak Run is up 8.9%.
Average Age of Homes
- The median age of Oak Run real estate is 22 years old
The Rental Market in Oak Run
- Renters make up 0.0% of the Oak Run population
- 0.0% of houses and apartments in Oak Run, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.