Oakland, IL Foreclosures
How much do homes sell for in Oakland, IL?
The average home price is currently $154,341.
In Oakland, IL, how many homes are available?
There are currently 10 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 $1,890,677.
What is currently the cheapest priced home in Oakland, IL?
The cheapest home for sale in Oakland is priced at $13,721.
Living in Oakland, IL
Nestled in the heart of Illinois, Oakland offers a serene escape from the hustle and bustle of city life. With its friendly atmosphere and community-focused living, residents find a welcoming place to call home. It features local parks, historical sites, and ample opportunities for outdoor activities.
Current Market Conditions in Oakland, IL
The real estate market in Oakland is currently stable, showing gradual appreciation in property values. Buyers are attracted to the town due to its charming neighborhoods, affordability compared to nearby cities, and strong community spirit. Homes typically list with moderate days on the market, indicating a steady but competitive environment for those looking to purchase.
In recent months, Oakland has seen a rise in demand from first-time buyers and families seeking more spacious homes. This trend is driving up prices slightly, but the area remains accessible for those seeking quality homes at reasonable costs.
Home Value Estimator For Oakland, IL
There are currently 726 real estate properties
in Oakland, IL,
with a median automated valuation model (AVM) price
of $103,345.00. 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 $154,341.00, with the most expensive house
in Oakland, IL, topping out
at $1,890,677.00 and the cheapest home
in Oakland, IL,
clocking in at $13,721.00. 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.
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