Housing in Oakwood, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$145,000
Median List Price
$279,900
Price Per Sq Ft
$131
Days on Market
24
Active Inventory
2
Months of Supply
2.0
Seller's market
Zillow Home Value
$158,203
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
96.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$131
Median List $/SF
$148
Oakwood vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Oakwood 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
$98,300
Median Rent
$795
Total Housing Units
638
Vacancy Rate
10.8%
Owner Occupied
75.9%
Renter Occupied
24.1%
Median Property Tax
$1,475
per year
Monthly Cost (w/ Mortgage)
$732
Housing Types
The current median sale price in Oakwood, IL is $145,000 according to Redfin data. Homes spend a median of 24 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 $131. The median rent is $795 per month (Census ACS). About 75.9% of housing units are owner-occupied. The median year homes were built is 1973. There are 638 total housing units.