Why Live in Oakwoods
Oakwoods in Bloomington is an established community featuring homes built in the 1990s, with styles including traditional two-stories, split levels and ranch-style homes. Many of these homes have undergone significant updates, making them appealing to buyers. The neighborhood is served by the Oakwoods Homeowners Association, which hosts community events like Food Truck nights and visits from The Bookmobile. Residents enjoy access to several parks, including the neighborhood's own Oakwoods Park, with its playground and basketball court. Closeby, P.J. Irvin Park offers a disc golf course, and Miller Park, less than 2 miles away, features a zoo and paddleboat rentals on Miller Park Lake. For golf enthusiasts, Prairie Vista and Highland Park golf courses are within a 2-mile radius. Oakwoods is served by highly rated schools, including Pepper Ridge Elementary School and Normal Community West High School. Nearby, retail and dining options are abundant along Veterans Parkway, with popular spots like Tony’s Diner and Lil Beaver Brewery. Grocery needs can be met at Jackson’s Produce or Walmart on West Market Street. Downtown Bloomington, less than 3 miles away, offers unique shops like Red Raccoon Games. The neighborhood is serviced by the Connect Transit bus system and is close to Interstates 55 and 74, providing easy access to larger Illinois cities.
Frequently Asked Questions
Is Oakwoods a good place to live?
Oakwoods is a good place to live. Oakwoods is considered very car-dependent and somewhat bikeable with minimal transit options. Oakwoods has 6 parks for recreational activities. It is somewhat dense in population with 9.9 people per acre and a median age of 38. The average household income is $102,850 which is below the national average. College graduates make up 33.3% of residents. A majority of residents in Oakwoods are home owners, with 26.6% of residents renting and 73.4% of residents owning their home. A
local real estate agent serving Oakwoods can help you decide if this neighborhood is the right one for you. Learn more on our
Oakwoods neighborhood guide.
Is Oakwoods, IL a safe neighborhood?
Oakwoods, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Oakwoods?
The median home price in Oakwoods is $249,900. If you put a 20% down payment of $50,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K a year to afford the median home price in Oakwoods. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Oakwoods is $103K.
What are the best public schools in Oakwoods?
The best public schools that serve Oakwoods are:
What are the best private schools in Oakwoods?
The best private schools that serve Oakwoods are:
What are the most popular zip codes in Oakwoods, Bloomington, IL?
What are the most popular neighborhoods near Oakwoods, Bloomington, IL?
Home Trends in Oakwoods, IL
On average, homes in Oakwoods, Bloomington sell after 3 days on the market compared to the national average of 53 days. The median sale price for homes in Oakwoods, Bloomington over the last 12 months is $250,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$250,000
Median Single Family Sale Price
$250,000
Average Price Per Sq Ft
$126
Number of Homes for Sale
0
Last 12 months Home Sales
19
Median List Price
$249,900
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
5%