Oakland, IL is a great city for real estate investment. The median housing value in Oakland, IL is $92,600 which is significantly lower than the US median housing value of $338,100. What's more, the one year house appreciation rate in Oakland, IL was 18.98%, which is much higher than the national one year house appreciation rate of 8.27%. This makes Oakland, IL an attractive place to consider when looking for a good return on your investment.
The median home cost in Oakland is $92,600. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Oakland is up 13.5%.
Average Age of Homes
- The median age of Oakland real estate is 59 years old
The Rental Market in Oakland
- Renters make up 14.5% of the Oakland population
- 0.0% of houses and apartments in Oakland, 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.