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IL area data

Oakwood, IL

Oakwood, IL.

Population: 2,639 (Census ACS)

Home values & appreciation

Median home value
$175,941
1-year appreciation
+7.8%
3-year appreciation
+15.1%
5-year appreciation
+30.4%
10-year appreciation
+54.5%
All-time peak (2026-03)
$177,949
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$232,500
Median list price
$234,900
Median days on market
36.5 days
Sale-to-list ratio
100.0%
Active listings
5
1-year forecast
+2.3%

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
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, strongWind, winterWeather, drought, hail
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
61.0°F
Average low
42.0°F
Annual precipitation
41.5 in

Walkability & transit

Walkability index
4.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Melody Field (4 mi)
Nearest major airport
University of Illinois Willard Airport (CMI) (28 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
2.0 / 5
EV charging stations (within 10 mi)
10
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-294 tax filers

Housing stock

Median year housing built
1,978
Median annual property tax
$1,963
Mean commute to work
22 min
Households with broadband internet
59.8%

Employment & development

Total county employment
20,070
Average weekly wage
$1,006
Top industries (by employment)
Health Care, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
4

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