House Prices

House Prices & Home Values Oakwood, IL 2026


Average Data

average house price$110,134
average size per house1743 ft²
average price per ft²64 $ / ft²

04/17/2026 - The value range (VR) for house prices in Oakwood, IL is $64/ sqft to $64/ sqft. An average home with 1743 sqft costs approximately $111,552 to $111,552. Oakwood, IL includes 1 ZIP codes and it is located in Vermilion county. The lowest prices are found in ZIP 61858, while the highest are in ZIP 61858. The average price per sqare feet is $64. Our analysis is based on 18 property listings.

Avergage prices by ZIP codes Oakwood

6185861 $ / ft²




Historical development of home values in Oakwood

Year Estimated value (USD) Change vs. 2025
2010 $51,148 -53.6%
2011 $49,170 -55.4%
2012 $49,038 -55.5%
2013 $50,871 -53.8%
2014 $53,400 -51.5%
2015 $56,141 -49.0%
2016 $59,071 -46.4%
2017 $62,259 -43.5%
2018 $65,701 -40.3%
2019 $68,748 -37.6%
2020 $72,302 -34.4%
2021 $82,235 -25.3%
2022 $95,868 -13.0%
2023 $101,097 -8.2%
2024 $106,946 -2.9%
2025 $110,134 0.0%

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



Example: 100% financing house in Oakwood

Loan amount: $110,134

Interest rate: 6.00%

Fixed monthly payment: $660.31

Breakdown in the 1st month:
Interest portion: $550.67  –  Principal portion: $109.64

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,571.25 $1,352.46 $108,781.54
2 $6,487.83 $1,435.88 $107,345.67
3 $6,399.27 $1,524.44 $105,821.23
4 $6,305.25 $1,618.46 $104,202.77
5 $6,205.42 $1,718.28 $102,484.49
6 $6,099.44 $1,824.26 $100,660.22
7 $5,986.93 $1,936.78 $98,723.44
8 $5,867.47 $2,056.24 $96,667.20
9 $5,740.65 $2,183.06 $94,484.14
10 $5,606.00 $2,317.71 $92,166.44
11 $5,463.05 $2,460.66 $89,705.78
12 $5,311.28 $2,612.43 $87,093.35
13 $5,150.15 $2,773.56 $84,319.80
14 $4,979.09 $2,944.62 $81,375.17
15 $4,797.47 $3,126.24 $78,248.93
16 $4,604.65 $3,319.06 $74,929.87
17 $4,399.94 $3,523.77 $71,406.10
18 $4,182.60 $3,741.11 $67,664.99
19 $3,951.85 $3,971.85 $63,693.14
20 $3,706.88 $4,216.83 $59,476.31
21 $3,446.79 $4,476.91 $54,999.40
22 $3,170.67 $4,753.04 $50,246.36
23 $2,877.51 $5,046.20 $45,200.16
24 $2,566.27 $5,357.44 $39,842.72
25 $2,235.84 $5,687.87 $34,154.85
26 $1,885.02 $6,038.69 $28,116.17
27 $1,512.57 $6,411.14 $21,705.03
28 $1,117.14 $6,806.56 $14,898.46
29 $697.33 $7,226.38 $7,672.09
30 $251.62 $7,672.09 $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 Oakwood, IL


1500 sqft3900 sqft
Ø selling price$116,161$247,105
Ø fast selling$105,601$222,394
Ø high price sale$126,721$271,815

In 2026, houses in Oakwood, IL will be offered at an average price of $64 per square foot. A 1,500 sqft home priced at $116,161 is 21.64% more expensive per square foot than a 3,900 sqft home priced at $247,105. Home prices in Oakwood, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $171,072. Sellers who can wait longer may achieve a higher price of up to $209,089.


Oakwood, Illinois Overview

Discover Oakwood, IL, a welcoming village in Vermilion County known for small-town charm and easy access to outdoor adventures.
Set along Interstate 74 just west of Danville, Oakwood, Illinois offers a peaceful base with convenient regional connections.

Location and Access

Drivers reach Oakwood quickly via I?74 and U.S. 150, placing residents within commuting distance of Danville and Champaign?Urbana. The village?s location near major routes supports local businesses while keeping traffic light and neighborhoods quiet.

Outdoor Recreation

For things to do in Oakwood, Kickapoo State Park lies minutes away with hiking, fishing, paddling on clear lakes, and access to the Salt Fork River.
Birding, camping, and scenic trails make this area a year?round magnet for nature lovers and families.

Community and Schools

Community life centers on local events, youth sports, and the Oakwood Community Unit School District, which fosters close ties between schools and families. Volunteer groups and small businesses give the village an authentic, neighborly feel that many residents cherish.

Living and Real Estate

Living in Oakwood means affordable real estate, a slower pace, and quick weekend escapes to parks, rivers, and nearby college?town amenities. Homebuyers and visitors alike appreciate Oakwood?s blend of rural character, outdoor recreation, and access to jobs, shopping, and healthcare.



FAQ – Home Values in Oakwood

What is the median home value in Oakwood in 2026?

In 2026, the typical home value in Oakwood is about $110,134 for an average home size of 1743 square feet. This corresponds to an average price of roughly $64 per square foot.

What is the average cost per square foot in Oakwood?

In 2026, homes in Oakwood sell for an average of around $64 per square foot, with a typical range between $64 and $64 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 Oakwood is about 1743 square feet, with an estimated 2026 value around $110,134.



Locations close to Oakwood, IL

Ogden, IL126 $ / ft²
Penfield, IL91 $ / ft²
Pesotum, IL88 $ / ft²
Muncie, IL31 $ / ft²
Monticello, IL149 $ / ft²
Milmine, IL81 $ / ft²
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