Why Live in Oaks
Oaks, located in Springfield, is a suburban neighborhood nestled against the northwestern corner of Washington Park. Known for its family-friendly atmosphere and lower-than-average housing prices, Oaks features midcentury ranch and split-level homes with single-car driveways and well-maintained yards. The neighborhood's tree-lined streets and sidewalks add to its suburban charm. Springfield High School, rated highly with an A, and Our Savior's Lutheran School, also highly rated, serve the area, providing strong educational options. Washington Park, a significant local feature, spans over 150 acres and includes playgrounds, tennis courts, historical monuments, and the Washington Park Botanical Garden. Schlitt Park, connected to Owen Marsh Elementary School, offers a popular baseball diamond. The neighborhood is conveniently located near Illinois Route 97, providing easy access to Downtown Springfield, 3 miles northeast, and Abraham Lincoln Capital Airport, 4 miles north. The OSF Children's Hospital of Illinois is just half a mile northwest. Dining options include the Lime Street Café, known for its casual fare and classic diner atmosphere, and various chain restaurants on West Monroe Street. The Thomas Rees Memorial Carillon in Washington Park hosts live musical shows and the annual International Carillon Festival, adding cultural vibrancy to the area. Public transportation is accessible via the Sangamon Mass Transit District, with several bus stops nearby.
Home Trends in Oaks, IL
On average, homes in Oaks, Springfield sell after 32 days on the market compared to the national average of 70 days. The median sale price for homes in Oaks, Springfield over the last 12 months is $431,500, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$431,500
Median Single Family Sale Price
$431,500
Median 2 Bedroom Sale Price
$660,000
Median 1 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$248
Number of Homes for Sale
5
Last 12 months Home Sales
22
Median List Price
$445,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-13%
