Oakford, IL Foreclosures
How much do homes sell for in Oakford, IL?
The average home price is currently $150,160.
In Oakford, IL, how many homes are available?
There are currently 14 active home listings available in Oakford.
What’s the average rental cost in Oakford, IL?
The average rental price in Oakford is $1,063.
What is the most expensive home in Oakford?
The most expensive home sold in Oakford had a price of $519,071.
What is currently the cheapest priced home in Oakford, IL?
The cheapest home for sale in Oakford is priced at $23,861.
Living in Oakford, IL
Oakford, IL is a quaint rural community that offers a peaceful lifestyle amidst stunning natural landscapes. With friendly locals and a variety of outdoor activities, it's an ideal location for those seeking tranquility and connection with nature. Affordable living combined with nearby conveniences make it an attractive option for families and individuals alike.
Current Market Conditions in Oakford, IL
The real estate market in Oakford, IL shows signs of steady growth, with an increase in home sales over the past year. The demand for homes in rural areas has been on the rise as more people seek to escape urban life, driving prices up moderately while still remaining affordable compared to larger cities.
Investors are showing interest in the Oakford area due to its potential for long-term appreciation in property values. The current trend is towards more people looking for space and affordability, which positions Oakford favorably in terms of marketability for new listings.
Home Value Estimator For Oakford, IL
There are currently 157 real estate properties
in Oakford, IL,
with a median automated valuation model (AVM) price
of $136,977.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oakford, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Oakford, IL,
is $150,160.00, with the most expensive house
in Oakford, IL, topping out
at $519,071.00 and the cheapest home
in Oakford, IL,
clocking in at $23,861.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oakford, IL!
Rent Prices
In Oakford, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oakford, IL, is on
a rollercoaster ride. The
average rent price in Oakford, IL,
is $1,063.00. Indeed, when looking to rent in
Oakford, IL, you can expect to pay as little
as $740.00 or as much
as $1,520.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Oakford, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
