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Featured local agent — Oak Grove, IL
Sarah Mitchell
Compass Real Estate · Oak Grove, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Grove, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$203,500median sale price
How is the Oak Grove, IL housing market right now?
The median home sale price in Oak Grove, IL is $203,500. Homes sell in an average of 90 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of June 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oak Grove a buyer's or seller's market?
Oak Grove, IL is currently a balanced market and homes selling in about 90 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
90
Average pace
Active listings
—
Sale-to-list
101.8%
Above asking
What does the Oak Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $203,500 |
| Average days on market | 90 days |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $57/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Grove by property type?
How the Oak Grove, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $203,500 | $57/sq ft | 1 | 90 days |
Source: Redfin · Updated monthly
The Oak Grove housing market is currently classified as a balanced market with a median sale price of $203,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 90 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Oak Grove
Explore homes currently listed for sale in Oak Grove, Illinois across major real estate platforms.
Who lives in Oak Grove?
Population
335
Median income
$41,912/yr
Median age
48.6 years
Owner-occupied
88.8%
College grads
9.9%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What is it like to live in Oak Grove?
Oak Grove is a community of approximately 0K residents with a median age of 48.6 years.The median household income is $41,912, which represents a working-class community with solid middle-income opportunities. 9.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 88.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oak Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oak Grove, IL?
Want a head-to-head view? Compare Oak Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oak Grove?
The median home sale price in Oak Grove is $203,500, down 0.0% from last year.
How long do homes stay on market in Oak Grove?
Homes typically spend 90 days on market before going under contract.
What is the median income in Oak Grove?
The median household income is $41,912 per year.
How much does a single-family home cost in Oak Grove?
The median single-family home price in Oak Grove, IL is $203,500 (about $57 per square foot).
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