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Saturday, July 26, 2025

How did home prices perform in Oakwood during 2021?

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The median sale price of a home sold in 2021 in Oakwood rose by $20,000 while total sales remained unchanged with 15 homes sold, according to BlockShopper.com.

From January through December of 2021, there were 15 homes sold, with a median sale price of $90,000 - a 28.6% increase over the $70,000 median sale price for the previous year. There were 15 homes sold in Oakwood in 2020, as well.

The median sales tax in Oakwood for the most recent year with available data, 2019, was $1,236, approximately 1.4% of the median home sale price for 2021.

The following table compares Oakwood to other Vermilion County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Bismarck913-30.8%$118,450$107,00010.7%
Catlin4252-19.2%$111,750$91,75021.8%
Oakwood15150%$90,000$70,00028.6%
Potomac9728.6%$85,000$50,00070%
Fithian12933.3%$82,500$96,625-14.6%
Westville645028%$66,250$62,7505.6%
Henning26-66.7%$61,400$52,50017%
Danville56450112.6%$60,872.50$45,00035.3%
Tilton544228.6%$56,750$44,00029%
Olivet123300%$51,950$42,00023.7%
Rossville322814.3%$50,000$52,400-4.6%

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