Home prices
The median home cost in Oakwood is $90,300. It is approximately $14,220 (18%) higher in comparison to its surrounding areas.In comparison to the country as a whole it is roughly $127,200 (58%) lower, and in comparison to the city of Champaign is about $71,500 (44%) lower.
Rents
In Oakwood the median rent is $704 per month. It is roughly $39 (5%) higher in comparison to other places in this area.In comparison to the rest of the nation it is approximately $358 (33%) lower, and compared to the city of Champaign it is approximately $248 (26%) lower.
Nearby places
Muncie
Muncie is roughly 3 miles west of Oakwood. The housing prices there are substantially less expensive. The median home price in Muncie is $55,000, which comes out to $35,300 (64%) lower than Oakwood. Rent there is a bit less expensive. The median rent in Muncie is $625 per month, which works out to $79 (12%) lower than Oakwood.
Catlin
Catlin is approximately 4 miles southeast from Oakwood. Housing prices there are a bit more expensive. The median home in Catlin costs $99,000, which works out to $8,700 (8%) higher than Oakwood. Its rents are pretty similar. In Catlin the median monthly rent is $695, which works out to $9 (1%) lower than Oakwood.
Fithian
Fithian is roughly 4 miles west of Oakwood. Real estate prices there are fairly similar. Fithian's median home cost is $88,400, which works out to $1,900 (2%) lower than Oakwood. Its rents are similar. In Fithian the median monthly rent is $675, which works out to $29 (4%) lower than Oakwood.
Fairmount
Fairmount is roughly 4 miles southwest from Oakwood. The real estate prices there are somewhat less expensive. The median home in Fairmount is valued at $72,500, which comes out to $17,800 (24%) lower than Oakwood. Its rents are somewhat less expensive. Fairmount's median rent is $588 per month, which comes out to $116 (19%) lower than Oakwood.
Tilton
Tilton is approximately 6 miles east of Oakwood. Its housing prices are substantially less expensive. The median home cost in Tilton is $65,500, which is $24,800 (37%) lower than Oakwood. Its rents are a little more expensive. In Tilton the median rent is $742 a month, which works out to $38 (5%) higher than Oakwood.