The Silver Lakes Oakwood Hills housing market is somewhat competitive. The median sale price of a home in Silver Lakes Oakwood Hills was $337K last month, up 13.7% since last year. The median sale price per square foot in Silver Lakes Oakwood Hills is $221, up 8.3% since last year.
What is the housing market like in Silver Lakes Oakwood Hills today?
In April 2024, Silver Lakes Oakwood Hills home prices were up 13.7% compared to last year, selling for a median price of $337K. On average, homes in Silver Lakes Oakwood Hills sell after 51 days on the market compared to 44 days last year. There were 5 homes sold in April this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$337,000
+13.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Silver Lakes Oakwood Hills, IL
$337,000
+13.7%
United States
To compare other locations to the Silver Lakes Oakwood Hills and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oakwood Hills add value to a home.
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How hot is the Silver Lakes Oakwood Hills housing market?
Silver Lakes Oakwood Hills is somewhat competitive. Homes sell in 45 days.
0
100
60
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 45 days.
Hot homes
can sell for about 4% above list price and go pending in around 33 days.
Learn about schools in the Silver Lakes Oakwood Hills area
Elementary
Middle
High
GreatSchools Rating
7/10
Deer Path Elementary School
Public • K-5
434
Students
7 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Silver Lakes Oakwood Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silver Lakes Oakwood Hills.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silver Lakes Oakwood Hills has a moderate risk of flooding. 112 properties in Silver Lakes Oakwood Hills are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Silver Lakes Oakwood Hills. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silver Lakes Oakwood Hills has a minor risk of wildfire. There are 48 properties in Silver Lakes Oakwood Hills that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Silver Lakes Oakwood Hills.
Silver Lakes Oakwood Hills has minimal risk of severe winds over the next 30 years
Wind Factor
Silver Lakes Oakwood Hills has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
98% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Silver Lakes Oakwood Hills has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Silver Lakes Oakwood Hills have a Minor Heat Factor®.
Silver Lakes Oakwood Hills is expected to see a 100% increase in the number of days over 100ºF over the next 30 years. Silver Lakes Oakwood Hills is expected to experience 7