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IL area data

Oakland, IL

Oakland, IL.

Population: 1,396 (Census ACS)

The typical home value in Oakland, IL is $141,301 — up 7.1% over the past year. Homes sell for a median $130,450 after a median 112 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with cold wave, drought, inland flooding the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$141,301

Typical home value

+7.1%

1-year change

112

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$141,301
1-year appreciation
+7.1%
3-year appreciation
+23.6%
5-year appreciation
+29.0%
10-year appreciation
+67.0%
Peak value since 2000 (Apr 2026)
$146,948
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$130,450
Median list price
$165,300
Median price per sqft
$71
1-year sale-price change
-18.5%
Median days on market
112 days
Homes sold (recent period)
4
For-sale inventory
5
Sale-to-list ratio
99.6%
Active listings
4
1-year forecast
+4.3%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$662/mo
1BR fair-market rent
$742/mo
2BR fair-market rent
$950/mo
3BR fair-market rent
$1,231/mo
4BR fair-market rent
$1,342/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1
Avg student-teacher ratio
8.3 : 1
Schools include
Lake Crest Elem School, Oakland High School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
cold wave, drought, inland flooding, strong wind, tornado
Notable hazard ratings (county)
drought: Relatively Moderate · tornado: Relatively Moderate · cold wave: Relatively Moderate · strong wind: Relatively Moderate · winter weather: Relatively Moderate · inland flooding: Relatively Moderate
Most common flood zone among NFIP claims
Zone X
NFIP flood claims on record
1
Wildfire risk to homes (county)
Higher than 3% of US counties
Buildings in wildfire direct-exposure zone
23.7%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
63.0°F
Average low
44.0°F
Annual precipitation
36.0 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
9.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
2,848
Jobs reachable by transit (45 min)
3,203

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
19
Nearest airport
Mayhall Airport (8 mi)
Nearest major airport
University of Illinois Willard Airport (CMI) (29 mi)
Hospitals in or near this ZIP
15
Hospitals include
ST ANTHONYS MEMORIAL HOSPITAL, VA ILLIANA HEALTHCARE SYSTEM - DANVILLE, OSF SACRED HEART MEDICAL CENTER
Avg hospital rating (CMS)
2.6 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-201 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1965
Housing built before 1970
55.2%
Housing built 2000 or later
17.2%
Median annual property tax
$2,374
Mean commute to work
26 min
Households with broadband internet
62.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
19,669
Average weekly wage
$1,080
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
16

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

OaklandState medianUS median
Typical home value$141,301$194,869$288,527
Median sale price$130,450$212,000$325,000
Median days on market112 days48 days51 days
Median annual property tax$2,374$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Oakland, IL?
$141,301.
What is the median sale price in Oakland, IL?
$130,450.
How long do homes take to sell in Oakland, IL?
Median days on market: 112 days.
What is typical rent in Oakland, IL?
2-bedroom fair-market rent: $950/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Oakland, IL?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: cold wave, drought, inland flooding, strong wind, tornado.
Is Oakland, IL in a flood zone?
Flood zones vary by property within Oakland, IL. 1 FEMA flood-insurance (NFIP) claim is on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Oakland, IL?
Risk to homes is higher than 3% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Oakland, IL?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Oakland, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Oakland, IL?
2 schools (1 elementary, 1 high) (NCES, 2024-25).
Is Oakland, IL walkable?
Walkability index: 9.5/20 (EPA Smart Location Database).
What is the cost of living in Oakland, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Oakland

Listing a home in Oakland, IL?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents