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Housing in Oakwood Township

11 homes sold in Oakwood Township in the last year, at a typical $169K

Redfin reports Oakwood Township’s sales by ZIP code, so these figures are for ZIP 61844, which takes in Oakwood Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Oakwood Township homes are listed.

Homes for sale in Oakwood TownshipZillowRealtor.comMore places to look ↓
Homes sold
11
ZIP 61844 · October 2025 to September 2026
Typical sale price
$169K
median, weighted by sales
Price per square foot
$99
Illinois $193
Paid vs. asking
100.1%
59% sold over asking
For sale now
2
September 2026 · 1 sold that month
What sold · last 12 months · ZIP 61844

Houses are 100% of Oakwood Township’s sales, at a typical $185K (year to May 2026)

11 homes sold in the year to September 2026.

Houses$185K

typical sale · 11 sold in the year to May 2026

Per square foot
$99IL $180
Days to sell
33
Sold over asking
64%
7 years of sales

More homes sell than most years, at 1.6 times the 2016 price

11 sales in the last year, against 13 in 2024 and a low of 4 in 2018. The typical sale went from $103K in 2016 to $169K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2016: 7 sold, typical $103K’162017: 6 sold, typical $83K2018: 4 sold, typical $120K’182021: 5 sold, typical $197K2023: 6 sold, typical $184K’232024: 13 sold, typical $159K2025: 8 sold, typical $170K’25Last 12 months: 11 sold, typical $169KNow

Source: Redfin Data Center, MLS sales; for ZIP 61844, which takes in Oakwood Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $150K buys in Oakwood Township

Houseat $99 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Oakwood Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Oakwood Township home costs about $1,129 a month

Mortgage
Property tax
Insurance
Rent

Price: Oakwood Township’s typical sale, last 12 months. Property tax at Oakwood Township’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oakwood Township is affordable on local pay is on Cost of living.

Before you buy in Oakwood Township

Five things worth knowing

1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $169K home, about $2,970 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Oakwood Township, from test results, graduation and how much students grow.

Schools in Oakwood Township
24 min

Typical commute

The average one-way trip to work for people who live in Oakwood Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Oakwood Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oakwood Township. People who follow the town see it, and so do people comparing Oakwood Township with their own town. No commission, no listing fee.

Questions about buying a home in Oakwood Township

What do homes sell for in Oakwood Township, IL?

11 homes sold in the year to September 2026 at a typical $169K, $99 a square foot.

Is Oakwood Township a buyer’s or seller’s market?

A seller’s market: 2 homes were for sale in September 2026 and 1 sold, about 2 months of supply. Buyers paid 100.1% of asking on average.

How much are property taxes in Oakwood Township?

About 1.8% of a home’s value a year. On a $169K home that’s near $2,970.

Where can I see homes for sale in Oakwood Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Oakwood Township’s MLS listings; the search links above open each one filtered to Oakwood Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 61844, which takes in Oakwood Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).