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
Oakland, Illinois, is a small suburban village offering a cozy, community-focused lifestyle with easy access to urban amenities. Known for its friendly neighborhoods and local parks, Oakland provides a tranquil environment while being a short drive away from larger cities. The village is ideal for families and those looking for a tight-knit community atmosphere.
Current Market Conditions in Oakland, IL
Oakland's real estate market is currently experiencing a moderate growth trend, making it an attractive option for both first-time homebuyers and investors. The combination of affordable home prices and a supportive community atmosphere has led to an increase in interest in the area.
Over the past several months, demand for homes in Oakland has risen, with buyers drawn to the village's location, amenities, and quality of life. As more people seek affordable housing options in suburban areas, Oakland is poised for continued growth.
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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