Zip 61943 (Oakland, IL) Housing

Oakland, IL (zip code 61943) has a median home value of $89,400, which is significantly lower than the national median home value of $338,100. Despite this difference in value, Oakland has achieved an impressive 1 year house appreciation rate of 18.98%, more than double the US average of 8.27%. This rapid appreciation indicates that Oakland may be an attractive housing market for potential buyers and investors alike.

The median home cost in Oakland (zip 61943) is $89,400. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Oakland (zip 61943) is up 13.5%.

Average Age of Homes

- The median age of Oakland (zip 61943) real estate is 53 years old

The Rental Market in Oakland (zip 61943)

- Renters make up 14.0% of the Oakland (zip 61943) population
- 0.0% of houses and apartments in Oakland (zip 61943), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Oakland, Illinois	United States
	804.0	139,647,020.0
	51	42
	$89,400	$338,100
	13.5%	16.6%
	34.7%	57.0%
	43.3%	101.1%
	$22.00	$10.98
	$1,980	$2,690
	71.1%	57.4%
	9.2%	11.2%
	19.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	6.8%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	7.0%	2.4%
	10.0%	2.8%
	20.1%	3.9%
	22.2%	4.5%
	21.2%	11.3%
	9.3%	13.0%
	5.2%	20.1%
	0.0%	13.6%
	1.7%	8.3%
	0.0%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.9%	13.6%
	13.9%	13.6%
	9.5%	13.6%
	5.5%	13.2%
	20.8%	14.8%
	9.5%	13.6%
	6.1%	10.0%
	3.2%	4.7%
	32.1%	12.2%

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