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Featured local agent — Oakwood Hills, IL
Sarah Mitchell
Compass Real Estate · Oakwood Hills, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oakwood Hills, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$385,000median sale price
How is the Oakwood Hills, IL housing market right now?
The median home sale price in Oakwood Hills, IL is $385,000, up 18.5% year-over-year. Homes sell in an average of 49 days with 3 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 Oakwood Hills a buyer's or seller's market?
Oakwood Hills, IL is currently a seller's market, based on 1.0 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
49
Average pace
Active listings
3
1.0 months supply
Sale-to-list
98.3%
Below asking
What does the Oakwood Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $385,000 |
| Median list price | $679,000 |
| Year-over-year price change | +18.5% |
| Average days on market | 49 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $166/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oakwood Hills by property type?
How the Oakwood Hills, 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 | $385,000 | $166/sq ft | 3 | 49 days |
Source: Redfin · Updated monthly
The Oakwood Hills housing market is currently classified as a seller's market with a median sale price of $385,000. Prices have risen 18.5% compared to last year, with homes spending an average of 49 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Oakwood Hills
There are currently 3 homes listed for sale in Oakwood Hills, Illinois. The median listing price is $679K.
Active listings
3
Homes on market
Median list price
$679K
Avg. days on market
49
Days until sale
New this week
1
Newly listed
Who lives in Oakwood Hills?
Population
2,454
Median income
$113,125/yr
Median age
40.1 years
Owner-occupied
91.9%
College grads
39.6%
Avg commute
31.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Oakwood Hills?
Zillow home value
$352,149
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Oakwood Hills?
Oakwood Hills is a community of approximately 2K residents with a median age of 40.1 years.The median household income is $113,125, which reflects a relatively affluent area with strong earning potential. 39.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oakwood Hills offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oakwood Hills, IL?
Want a head-to-head view? Compare Oakwood Hills side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oakwood Hills?
The median home sale price in Oakwood Hills is $385,000, up 18.5% from last year.
How long do homes stay on market in Oakwood Hills?
Homes typically spend 49 days on market before going under contract.
What is the median income in Oakwood Hills?
The median household income is $113,125 per year.
Is Oakwood Hills a buyer's or seller's market?
With 1.0 months of supply, Oakwood Hills is currently a seller's market.
What is the Zillow home value estimate for Oakwood Hills?
The Zillow Home Value Index (ZHVI) for Oakwood Hills is $352,149, representing the typical home value in the area.
How much does a single-family home cost in Oakwood Hills?
The median single-family home price in Oakwood Hills, IL is $385,000 (about $166 per square foot).
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