The Oakland housing market is not very competitive. The median sale price of a home in Oakland was $361K last month, up 10.1% since last year. The median sale price per square foot in Oakland is $181, down 4.0% since last year.
In March 2024, Oakland home prices were up 10.1% compared to last year, selling for a median price of $361K. On average, homes in Oakland sell after 156 days on the market compared to 126 days last year. There were 6 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$361,000
+10.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Oakland, IL
$361,000
+10.1%
United States
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How hot is the Oakland housing market?
Oakland is not very competitive. Homes sell in 103.5 days.
0
100
11
Not Very 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
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 104 days.
Hot homes
can sell for around list price and go pending in around 46 days.
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 Oakland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakland.
Risk Factor
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakland has a minor risk of flooding. 79 properties in Oakland are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Oakland. Flood risk is increasing slower than the national average.