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Sunday, April 20, 2025

What happened to the median home price in Oakland during 2021?

Webp re 13

The median sale price of a home sold in 2021 in Oakland fell by $4,250 while total sales increased by 3.7%, according to BlockShopper.com.

From January through December of 2021, there were 28 homes sold, with a median sale price of $75,750 - a 5.3% decrease over the $80,000 median sale price for the previous year. There were 27 homes sold in Oakland in 2020.

The median sales tax in Oakland for the most recent year with available data, 2019, was $1,503, approximately 2% of the median home sale price for 2021.

The following table compares Oakland to other Coles County cities 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)
Lerna1315-13.3%$225,000$132,50069.8%
Charleston33130110%$115,000$104,50010%
Mattoon39134613%$85,000$80,0006.3%
Ashmore19190%$79,900$67,00019.3%
Oakland28273.7%$75,750$80,000-5.3%
Humboldt12119.1%$37,500$80,500-53.4%

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