Oakwood Hills, IL Real Estate

According to census data in the year 2000 there were 732 housing units in Oakwood Hills. This represents a 42.1% growth from 515 in 1990.

Of those housing units, 715 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.

Homeownership rate in Oakwood Hills is about 94.5%. Oakwood Hills's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 3.11 people.

The majority of houses, apartments or condos in Oakwood Hills were built after 1979.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.90%
Two Bedrooms17.90%
Three Bedrooms56.60%
Four Bedrooms18.90%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1979
Median Value of occupied units$166,000
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size3.46
Median year structure was built1968

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage9.60%
Home Equity Loan20%
Simple Mortgage61.10%
Debt Free8.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23%