Housing in Oakland, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$265,000
Median List Price
$23,000
Price Per Sq Ft
$109
Days on Market
133
Active Inventory
2
Months of Supply
2.0
Seller's market
Zillow Home Value
$133,286
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
98.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$109
Median List $/SF
$27
Oakland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Oakland is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$97,200
Median Rent
$509
Total Housing Units
537
Vacancy Rate
15.8%
Owner Occupied
78.3%
Renter Occupied
21.7%
Median Property Tax
$2,220
per year
Monthly Cost (w/ Mortgage)
$710
Housing Types
The current median sale price in Oakland, IL is $265,000 according to Redfin data. Homes spend a median of 133 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $109. The median rent is $509 per month (Census ACS). About 78.3% of housing units are owner-occupied. The median year homes were built is 1965. There are 537 total housing units.