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Oakwood Hills, IL

Full City Profile · Illinois · McHenry County County

4.1 /5.0
A Great
2,454 Population 2,251/sq mi density
$113,125 Median Income $51,358 per capita
$273,200 Home Value $336,571 Zillow
$1,667 Median Rent 51.0% income on rent
49°F Avg Temperature 260 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.8 / 5.0
$113,125 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$273,200 home value, $1,667/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.2 / 5.0
39.6% bachelor's degree or higher

Housing Overview

Median Home Value
$273,200
3% below
US avg: $281,900
Median Rent
$1,667/mo
43% above
US avg: $1,163/mo
Homeownership Rate
91.9%
41% above US avg (65.4%)
Total Housing Units
920
Median year built: 1979

Home Value by Source

Census Median
$273,200
Zillow (ZHVI)
$336,571
Median Sale Price
$530,000
Median List Price
$525,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.9%
Owner-Occupied
8.1%
Renter-Occupied
92%
8%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,667/mo

Market Indicators (Redfin)

Median Days on Market
10 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$423
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
91.9%

Complete Housing Data

Home Values

Census Median Value$273,200
Zillow Home Value (ZHVI)$336,571
Median Sale Price$530,000
Median List Price$525,000
Price Per Sq Ft$423

Rent

Census Median Rent$1,667
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market10
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$423

Ownership & Stock

Owner-Occupied91.9%
Renter-Occupied8.1%
Homeownership Rate91.9%
Total Housing Units920
Median Year Built1979
Rent Burden51.0%