Oakley, IL Foreclosures
How much do homes sell for in Oakley, IL?
The average home price is currently $255,042.
In Oakley, IL, how many homes are available?
There are currently 1 active home listings available in Oakley.
What’s the average rental cost in Oakley, IL?
The average rental price in Oakley is $1,334.
What is the most expensive home in Oakley?
The most expensive home sold in Oakley had a price of $1,496,112.
What is currently the cheapest priced home in Oakley, IL?
The cheapest home for sale in Oakley is priced at $11,095.
Living in Oakley, IL
Oakley is a quaint village located in the heart of Illinois, known for its lush landscapes and friendly community atmosphere. With a small-town charm, it offers residents a serene environment while still being close to urban conveniences. The village boasts a laid-back lifestyle, ideal for families and retirees alike.
Current Market Conditions in Oakley, IL
The current real estate market in Oakley, IL, has shown signs of steady growth over the past few months. Housing prices have generally increased due to increased demand, with many buyers attracted to the area's charm and community feel. The market is competitive, with a mix of new constructions and classic homes appealing to various buyer demographics.
Trends indicate a rising interest in suburban areas as people seek larger living spaces. Families are particularly drawn to Oakley for its safe neighborhoods, excellent schools, and ample recreational options, leading to a booming housing demand. This trend is likely to continue as remote work becomes more common, allowing families to choose homes that suit their lifestyle preferences.
Home Value Estimator For Oakley, IL
There are currently 484 real estate properties
in Oakley, IL,
with a median automated valuation model (AVM) price
of $226,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oakley, 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 Oakley, IL,
is $255,042.00, with the most expensive house
in Oakley, IL, topping out
at $1,496,112.00 and the cheapest home
in Oakley, IL,
clocking in at $11,095.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oakley, IL!
Rent Prices
In Oakley, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oakley, IL, is on
a rollercoaster ride. The
average rent price in Oakley, IL,
is $1,334.00. Indeed, when looking to rent in
Oakley, IL, you can expect to pay as little
as $590.00 or as much
as $2,280.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Oakley, 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.