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Foreclosure Homes in Oakland, IL

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Oakland, IL Foreclosures

Current Market Conditions in in Oakland, IL As of February 2026?
Over the past month, the Oakland real estate market has witnessed a slight uptick in home sales, reflecting a growing interest from buyers. The average days on the market for listings have decreased, indicating increased buyer confidence. Prices have remained steady, making it a good time for potential buyers to invest in the area before any significant price hikes occur.
How much do homes sell for in Oakland, IL?
The average home price is currently $160,125.
In Oakland, IL, how many homes are available?
There are currently 7 active home listings available in Oakland.
What’s the average rental cost in Oakland, IL?
The average rental price in Oakland is $1,007.
What is the most expensive home in Oakland?
The most expensive home sold in Oakland had a price of $1,746,488.
What is currently the cheapest priced home in Oakland, IL?
The cheapest home for sale in Oakland is priced at $13,674.

Living in Oakland, IL

Oakland, IL is a picturesque village known for its friendly community and tranquil environment. It offers a range of local amenities, parks, and schools conducive to family life. The village's rural backdrop is perfect for those seeking peace while remaining connected to larger urban areas.

Buyer vs Seller Market in Oakland, IL

Currently, Oakland's real estate market is stable, seeing a modest increase in property values over the past few months. Homes in the area are affordable compared to nearby urban centers, making it attractive for first-time buyers and retirees. The market is characterized by single-family homes with a diverse range of styles and prices.

Home Value Estimator For Oakland, IL

There are currently 777 real estate properties in Oakland, IL, with a median automated valuation model (AVM) price of $107,951.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oakland, 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 Oakland, IL, is $160,125.00, with the most expensive house in Oakland, IL, topping out at $1,746,488.00 and the cheapest home in Oakland, IL, clocking in at $13,674.00. In other words, there’s something for every potential homebuyer or savvy investor in Oakland, IL!

Rent Prices In Oakland, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oakland, IL, is on a rollercoaster ride. The average rent price in Oakland, IL, is $1,007.00. Indeed, when looking to rent in Oakland, IL, you can expect to pay as little as $580.00 or as much as $2,220.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Oakland, 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.

Oakland, IL Foreclosures

Market Trend for Oakland, IL

Total Listings Available: 7

Market Values:

Home Prices from $13,674 to $1,746,488

Average Sales Price: $160,125

Rental Values:

Rental from $580 to $2,220

Average Rent Value: $1,007 / month

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