Home prices
The value of the median home in Oakwood Hills is $221,100. This is approximately $23,920 (9%) lower in comparison to the surrounding areas.It is about $3,600 (1%) higher compared to the rest of the nation, and compared to the city of Chicago is about $36,900 (14%) lower.
Rents
The median rent in Oakwood Hills is $1,255 a month. Compared to its nearby areas this is approximately $260 (17%) lower.Compared to the nation as a whole it is roughly $193 (18%) higher, and is about $143 (12%) higher in comparison to the city of Chicago.
Nearby places
Prairie Grove
Prairie Grove is Oakwood Hills's neighbor to the northwest. Its housing prices are a lot more expensive. Prairie Grove's median home cost is $371,100, which works out to $150,000 (40%) higher than Oakwood Hills. Rents there are somewhat more expensive. Prairie Grove's median monthly rent is $1,619, which works out to $364 (22%) higher than Oakwood Hills.
Port Barrington
Port Barrington is approximately 2 miles east of Oakwood Hills. The housing prices there are a bit more expensive. The median home price in Port Barrington is $301,200, which comes out to $80,100 (26%) higher than Oakwood Hills. The rent there is a bit more expensive. In Port Barrington the median monthly rent is $1,716, which comes out to $461 (26%) higher than Oakwood Hills.
Cary
Cary is roughly 2 miles south from Oakwood Hills. The housing prices there are fairly similar. The value of the median home in Cary is $232,500, which comes out to $11,400 (4%) higher than Oakwood Hills. Rents there are pretty similar. The median rent in Cary is $1,196 per month, which is $59 (4%) lower than Oakwood Hills.
Island Lake
Island Lake is about 2 miles northeast from Oakwood Hills. The housing prices there are somewhat less expensive. Island Lake's median home price is $171,100, which works out to $50,000 (29%) lower than Oakwood Hills. Rents there are a bit more expensive. The median monthly rent in Island Lake is $1,388, which is $133 (9%) higher than Oakwood Hills.
Holiday Hills
Holiday Hills is about 3 miles north from Oakwood Hills. Housing prices there are significantly less expensive. The price of the median home in Holiday Hills is $149,200, which is $71,900 (48%) lower than Oakwood Hills. The rent there is a bit more expensive. Holiday Hills's median monthly rent is $1,658, which works out to $403 (24%) higher than Oakwood Hills.