Silver Lakes Oakwood Hills, Oakwood Hills, IL
Silver Lakes Oakwood Hills — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Silver Lakes Oakwood Hills, Oakwood Hills, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Silver Lakes Oakwood Hills Neighborhood Overview
Silver Lakes Oakwood Hills is a residential neighborhood within the village of Oakwood Hills, Illinois. Located in McHenry County, it offers a suburban lifestyle with a focus on community and natural surroundings. The area provides a quiet retreat while remaining within reach of larger regional hubs.
Lifestyle & Amenities
The neighborhood is characterized by its peaceful, residential setting with access to local parks and green spaces. Residents enjoy a community-oriented atmosphere ideal for families and those seeking a quieter pace of life. Proximity to the village's amenities and nearby commercial corridors provides for everyday convenience.
Real Estate Market
The real estate in Silver Lakes Oakwood Hills consists primarily of single-family homes. According to recent data, the median home value is approximately $126,800, while the current price per square foot is about $171. The market shows a significant variance between long-term value metrics and current asking prices.
Schools & Education
Families in Silver Lakes Oakwood Hills are served by the local public school districts operating in McHenry County. The area is known for its commitment to community-focused education. Prospective residents should verify specific school assignments with the relevant district authorities.
Transportation & Connectivity
The neighborhood is accessible via major local roads, providing connections to surrounding towns and employment centers. While primarily car-dependent, its location offers reasonable commutes to the broader Chicagoland area. Residents benefit from a balance of seclusion and regional connectivity.
Why Choose Silver Lakes Oakwood Hills
This neighborhood appeals to homebuyers seeking an affordable, family-friendly community within the Chicago metropolitan region. The combination of natural beauty, a strong sense of place, and accessible housing makes it a compelling option. It represents a value-conscious choice for suburban living in northern Illinois.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Silver Lakes Oakwood Hills Market Data
| Metric | Value |
|---|---|
| Median Home Price | $127K |
| Median Gross Rent | $725/mo |
| Median Household Income | $64K |
| Homeownership Rate | 84.5% |
| Renter-Occupied | 15.5% |
| Rental Vacancy Rate | 5.1% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 61858 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Silver Lakes Oakwood Hills, Oakwood Hills
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Silver Lakes Oakwood Hills, Oakwood Hills, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16