Oakford, IL Foreclosures
How much do homes sell for in Oakford, IL?
The average home price is currently $150,160.
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 is a quaint village located in the heart of Illinois, known for its close-knit community and peaceful surroundings. With a rich rural heritage, Oakford offers a serene lifestyle with scenic views and open spaces. The area is ideal for those looking to escape the hustle and bustle of city life while still enjoying convenient access to larger urban centers.
Current Market Conditions in Oakford, IL
The real estate market in Oakford has exhibited stability in recent years, with a steady demand for homes among families and retirees. The area has seen a slight increase in home values, reflective of the overall trend in rural communities as more people seek affordable housing beyond the city limits.
As remote work becomes more popular, Oakford is attracting buyers looking for more space and a more affordable cost of living compared to urban areas. Consequently, homes in the region have appreciated at a modest pace, and the market remains competitive, particularly for well-maintained properties.
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
