Oakwood, IL is a great place to live with its housing median value of $127,500. Comparatively, the US housing median value is significantly higher at $338,100. Over the last year, the US has seen an appreciation in house values of 8.27%, while Oakwood has outpaced this rate slightly with an appreciation of 8.72%. This indicates that Oakwood is currently a hot market for buying and selling homes which could be beneficial for those looking to buy or sell in the near future.
The median home cost in Oakwood is $127,500. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Oakwood is up 14.5%.
Average Age of Homes
- The median age of Oakwood real estate is 43 years old
The Rental Market in Oakwood
- Renters make up 21.8% of the Oakwood population
- 1.4% of houses and apartments in Oakwood, 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.