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IL area data

Oakland, IL

Oakland, IL.

Population: 1,396 (Census ACS)

Home values & appreciation

Median home value
$139,276
1-year appreciation
+8.6%
3-year appreciation
+25.1%
5-year appreciation
+29.5%
10-year appreciation
+66.0%
All-time peak (2026-04)
$144,444
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$117,000
Median list price
$198,500
Median days on market
48.5 days
Sale-to-list ratio
103.3%
Active listings
2
1-year forecast
+1.3%

Rents

2-bedroom fair-market rent (HUD reference)
$1,220/mo
3BR fair-market rent
$1,586/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, drought, inlandFlooding, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Walkability & transit

Walkability index
9.5 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Mayhall Airport (8 mi)
Nearest major airport
University of Illinois Willard Airport (CMI) (29 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
-201 tax filers

Housing stock

Median year housing built
1,965
Median annual property tax
$2,374
Mean commute to work
26 min
Households with broadband internet
62.9%

Employment & development

Total county employment
19,762
Average weekly wage
$962
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
11

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents