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Featured local agent — Oak Run, IL
Sarah Mitchell
Compass Real Estate · Oak Run, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Run, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$550,000median sale price
How is the Oak Run, IL housing market right now?
The median home sale price in Oak Run, IL is $550,000, up 46.7% year-over-year. Homes sell in an average of 61 days with 9 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oak Run a buyer's or seller's market?
Oak Run, IL is currently a seller's market, based on 1.8 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
61
Average pace
Active listings
9
1.8 months supply
Sale-to-list
96.7%
Below asking
What does the Oak Run housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $550,000 |
| Median list price | $575,000 |
| Year-over-year price change | +46.7% |
| Average days on market | 61 days |
| Active inventory | 9 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $221/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 5 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Run by property type?
How the Oak Run, 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 | $550,000 | $221/sq ft | 5 | 61 days |
Source: Redfin · Updated monthly
The Oak Run housing market is currently classified as a seller's market with a median sale price of $550,000. Prices have risen 46.7% compared to last year, with homes spending an average of 61 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Oak Run
There are currently 9 homes listed for sale in Oak Run, Illinois. The median listing price is $575K.
Active listings
9
Homes on market
Median list price
$575K
Avg. days on market
61
Days until sale
New this week
5
Newly listed
Who lives in Oak Run?
Population
722
Median income
$120,972/yr
Median age
60.2 years
Owner-occupied
98.8%
College grads
33.9%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Oak Run?
Oak Run is a community of approximately 1K residents with a median age of 60.2 years.The median household income is $120,972, which reflects a relatively affluent area with strong earning potential. 33.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 98.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oak Run offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oak Run, IL?
Want a head-to-head view? Compare Oak Run 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 Run?
The median home sale price in Oak Run is $550,000, up 46.7% from last year.
How long do homes stay on market in Oak Run?
Homes typically spend 61 days on market before going under contract.
What is the median income in Oak Run?
The median household income is $120,972 per year.
Is Oak Run a buyer's or seller's market?
With 1.8 months of supply, Oak Run is currently a seller's market.
How much does a single-family home cost in Oak Run?
The median single-family home price in Oak Run, IL is $550,000 (about $221 per square foot).
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