Oquawka, IL Foreclosures
Current Market Conditions in in Oquawka, IL As of February 2026?
In the past month, Oquawka's real estate landscape has shown signs of increased activity. There has been a noticeable rise in home showings and inquiries, suggesting heightened interest among potential buyers. Although the number of available listings remains low, homes that are well-priced and in good condition are moving quickly off the market. The average days on market have decreased, indicating a shift in buyer sentiments toward a more active purchasing phase.
How much do homes sell for in Oquawka, IL?
The average home price is currently $133,288.
What’s the average rental cost in Oquawka, IL?
The average rental price in Oquawka is $1,173.
What is the most expensive home in Oquawka?
The most expensive home sold in Oquawka had a price of $2,354,207.
What is currently the cheapest priced home in Oquawka, IL?
The cheapest home for sale in Oquawka is priced at $15,739.
Living in Oquawka, IL
Oquawka, Illinois, is a quaint village known for its serene landscapes and a welcoming community. Nestled along the banks of the Mississippi River, it offers an array of outdoor activities amidst a peaceful setting. With essential amenities and strong local schools, Oquawka is an ideal location for families and those seeking a tranquil lifestyle.
Buyer vs Seller Market in Oquawka, IL
Currently, Oquawka's real estate market is stable, with a subtle increase in home prices over the last year, primarily driven by the demand for affordable housing as more people seek quieter lifestyles away from urban hubs. Buyers are showing particular interest in single-family homes that offer spacious yards and proximity to recreational areas.
The market is characterized by a mix of traditional homes and more modern constructions, catering to a diverse demographic. As interest in rural living grows, Oquawka is experiencing a steady reduction in inventory, leading to quicker sales and competitive bidding in some cases.
Home Value Estimator For Oquawka, IL
There are currently 729 real estate properties
in Oquawka, IL,
with a median automated valuation model (AVM) price
of $104,057.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oquawka, 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 Oquawka, IL,
is $133,288.00, with the most expensive house
in Oquawka, IL, topping out
at $2,354,207.00 and the cheapest home
in Oquawka, IL,
clocking in at $15,739.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oquawka, IL!
Rent Prices
In Oquawka, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oquawka, IL, is on
a rollercoaster ride. The
average rent price in Oquawka, IL,
is $1,173.00. Indeed, when looking to rent in
Oquawka, IL, you can expect to pay as little
as $610.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Oquawka, 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.