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Featured local agent — Oquawka, IL
Sarah Mitchell
Compass Real Estate · Oquawka, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oquawka, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$61,000median sale price
How is the Oquawka, IL housing market right now?
The median home sale price in Oquawka, IL is $61,000. Homes sell in an average of 66 days with 3 active listings. The market is currently a leaning buyer's. (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 Oquawka a buyer's or seller's market?
Oquawka, IL is currently a leaning buyer's, based on 3.0 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
66
Average pace
Active listings
3
3.0 months supply
Sale-to-list
93.8%
Below asking
What does the Oquawka housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $61,000 |
| Median list price | $225,000 |
| Average days on market | 66 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 93.8% |
| Median price per sq ft | $33/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Oquawka by property type?
How the Oquawka, 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 | $61,000 | $33/sq ft | 1 | 66 days |
Source: Redfin · Updated monthly
The Oquawka housing market is currently classified as a leaning buyer's with a median sale price of $61,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 66 days on market, indicating 3.0 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 2.1x provides context for how home values compare to local earning capacity.
Homes for sale in Oquawka
There are currently 3 homes listed for sale in Oquawka, Illinois. The median listing price is $225K.
Active listings
3
Homes on market
Median list price
$225K
Avg. days on market
66
Days until sale
New this week
3
Newly listed
Who lives in Oquawka?
Population
990
Median income
$51,477/yr
Median age
49.9 years
Owner-occupied
86.9%
College grads
18.2%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Oquawka?
Zillow home value
$106,301
Price-to-income
2.1x
Source: Zillow Research
What is it like to live in Oquawka?
Oquawka is a community of approximately 1K residents with a median age of 49.9 years.The median household income is $51,477, which represents a working-class community with solid middle-income opportunities. 18.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oquawka offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oquawka, IL?
Want a head-to-head view? Compare Oquawka side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oquawka?
The median home sale price in Oquawka is $61,000, down 0.0% from last year.
How long do homes stay on market in Oquawka?
Homes typically spend 66 days on market before going under contract.
What is the median income in Oquawka?
The median household income is $51,477 per year.
Is Oquawka a buyer's or seller's market?
With 3.0 months of supply, Oquawka is currently a leaning buyer's.
What is the Zillow home value estimate for Oquawka?
The Zillow Home Value Index (ZHVI) for Oquawka is $106,301, representing the typical home value in the area.
How much does a single-family home cost in Oquawka?
The median single-family home price in Oquawka, IL is $61,000 (about $33 per square foot).
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