Housing · Oak Run

Oak Run, IL housing market

Homes typically sell in 61 days, below asking.

Home values, sales, trends and how Oak Run compares with the towns next door — updated as new data is published.

The market right now

Oak Run at a glance

Median sale price
$550K
May 2026 · Redfin
Days on market
61
Illinois: 43 days
Sale-to-list
96.7%
Homes sell below asking
Homes sold
5
in May · 9 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

The homes

Owners, rent & taxes

Homeownership
97.6%
Median tax bill
$6,025
Typical home built
1999

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $920

HUD's Fair Market Rent for a two-bedroom in Oak Run is $920 a month, utilities included: roughly what a modest, recently rented unit costs.

1 bedroom
$700
a month, with utilities
2 bedrooms
$920
a month, with utilities
3 bedrooms
$1,200
a month, with utilities

Studio $690 · 4 bedrooms $1,210

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61428; Knox County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01