From July through December of 2021, there were five homes sold, with a median sale price of $105,000 - a 56.7% increase over the $67,000 median sale price for the same period of the previous year. There were eight homes sold in Oakwood in the second half of 2020.
The median sales tax in Oakwood for the most recent year with available data, 2019, was $1,236, approximately 1.2% of the median home sale price for the second half of 2021.
The following table compares Oakwood to other Vermilion County cities with similar median sale prices in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Catlin | 25 | 31 | -19.4% | $117,000 | $91,000 | 28.6% |
| Oakwood | 5 | 8 | -37.5% | $105,000 | $67,000 | 56.7% |
| Potomac | 8 | 2 | 300% | $88,500 | $34,500 | 156.5% |
| Westville | 36 | 25 | 44% | $82,750 | $59,100 | 40% |
| Fithian | 4 | 4 | 0% | $82,500 | $94,450 | -12.7% |
| Allerton | 2 | 1 | 100% | $80,000 | $84,900 | -5.8% |
| Fairmount | 2 | 4 | -50% | $78,500 | $85,750 | -8.5% |
| Danville | 283 | 288 | -1.7% | $72,000 | $50,000 | 44% |
| Belgium | 2 | 1 | 100% | $71,000 | $92,900 | -23.6% |
| Olivet | 7 | 2 | 250% | $65,000 | $68,442.50 | -5% |
| Georgetown | 34 | 22 | 54.5% | $60,267 | $48,700 | 23.8% |
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