House Prices

House Prices & Home Values Oakland, IL 2026


Average Data

average house price$89,791
average size per house1289 ft²
average price per ft²70 $ / ft²

04/18/2026 - The value range (VR) for house prices in Oakland, IL is $70/ sqft to $70/ sqft. An average home with 1289 sqft costs approximately $90,230 to $90,230. Oakland, IL includes 1 ZIP codes and it is located in Douglas county. The lowest prices are found in ZIP 61943, while the highest are in ZIP 61943. The average price per sqare feet is $70. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Oakland

6194367 $ / ft²




Historical development of home values in Oakland

Year Estimated value (USD) Change vs. 2025
2010 $41,701 -53.6%
2011 $40,088 -55.4%
2012 $39,980 -55.5%
2013 $41,474 -53.8%
2014 $43,537 -51.5%
2015 $45,771 -49.0%
2016 $48,160 -46.4%
2017 $50,759 -43.5%
2018 $53,565 -40.3%
2019 $56,049 -37.6%
2020 $58,947 -34.4%
2021 $67,045 -25.3%
2022 $78,160 -13.0%
2023 $82,423 -8.2%
2024 $87,192 -2.9%
2025 $89,791 0.0%

Graph: estimated home values in Oakland over time (USD)



Example: 100% financing house in Oakland

Loan amount: $89,791

Interest rate: 6.00%

Fixed monthly payment: $538.34

Breakdown in the 1st month:
Interest portion: $448.96  –  Principal portion: $89.39

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,357.46 $1,102.64 $88,688.36
2 $5,289.46 $1,170.65 $87,517.70
3 $5,217.25 $1,242.86 $86,274.85
4 $5,140.60 $1,319.51 $84,955.33
5 $5,059.21 $1,400.90 $83,554.44
6 $4,972.81 $1,487.30 $82,067.14
7 $4,881.07 $1,579.04 $80,488.10
8 $4,783.68 $1,676.43 $78,811.67
9 $4,680.28 $1,779.82 $77,031.85
10 $4,570.51 $1,889.60 $75,142.25
11 $4,453.96 $2,006.15 $73,136.10
12 $4,330.23 $2,129.88 $71,006.22
13 $4,198.86 $2,261.25 $68,744.97
14 $4,059.39 $2,400.72 $66,344.26
15 $3,911.32 $2,548.79 $63,795.47
16 $3,754.12 $2,705.99 $61,089.48
17 $3,587.22 $2,872.89 $58,216.59
18 $3,410.02 $3,050.08 $55,166.50
19 $3,221.90 $3,238.21 $51,928.29
20 $3,022.18 $3,437.93 $48,490.36
21 $2,810.13 $3,649.98 $44,840.38
22 $2,585.01 $3,875.10 $40,965.28
23 $2,346.00 $4,114.11 $36,851.18
24 $2,092.25 $4,367.86 $32,483.32
25 $1,822.85 $4,637.26 $27,846.06
26 $1,536.84 $4,923.27 $22,922.79
27 $1,233.18 $5,226.93 $17,695.86
28 $910.79 $5,549.31 $12,146.55
29 $568.53 $5,891.58 $6,254.96
30 $205.15 $6,254.96 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Oakland, IL


1500 sqft3900 sqft
Ø selling price$127,051$270,270
Ø fast selling$115,501$243,244
Ø high price sale$138,600$297,297

In 2026, houses in Oakland, IL will be offered at an average price of $70 per square foot. A 1,500 sqft home priced at $127,051 is 21.78% more expensive per square foot than a 3,900 sqft home priced at $270,270. Home prices in Oakland, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $187,111. Sellers who can wait longer may achieve a higher price of up to $228,691.


Oakland, IL Travel and Living Guide

Overview

Oakland, IL is a friendly small town in eastern Coles County, Illinois, surrounded by rich farmland. Visitors and residents value its quiet streets, local businesses, and easy access to nature.
If you're searching for things to do in Oakland, IL, you'll find history, parks, and classic Midwestern hospitality.

Location & Access

Oakland sits along Illinois Route 133, making it a convenient hub between Mattoon, Charleston, Paris, and Arthur. The town is an easy drive to regional employers, healthcare, and shopping, while keeping a relaxed rural pace.

Outdoor Recreation

Nearby Walnut Point State Park offers fishing, hiking, camping, and birding around a scenic lake and wooded trails. Cyclists and photographers enjoy quiet country roads, prairie vistas, and brilliant sunsets in this corner of Oakland, Illinois.

History & Culture

Oakland is home to the Dr. Hiram Rutherford House and Office Museum, a site connected to the 1847 Matson Slave Case and Abraham Lincoln?s legal career. Community events, school activities, and church suppers keep traditions alive while welcoming new neighbors.

Living & Planning

Whether you?re exploring real estate, planning a weekend trip, or just passing through, Oakland, IL delivers small-town charm with big-hearted service from local restaurants, shops, and parks.



FAQ – Home Values in Oakland

What is the median home value in Oakland in 2026?

In 2026, the typical home value in Oakland is about $89,791 for an average home size of 1289 square feet. This corresponds to an average price of roughly $70 per square foot.

What is the average cost per square foot in Oakland?

In 2026, homes in Oakland sell for an average of around $70 per square foot, with a typical range between $70 and $70 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Oakland is about 1289 square feet, with an estimated 2026 value around $89,791.



Locations close to Oakland, IL

Paris, IL51 $ / ft²
Redmon, IL37 $ / ft²
Sullivan, IL70 $ / ft²
Newman, IL97 $ / ft²
Murdock, IL109 $ / ft²
Metcalf, IL102 $ / ft²
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