Oak Park, IL
Housing market overview · Updated weekly
$382,500median sale price
Homes sold
30
Last 12 weeks
Days on market
61
Average pace
Active listings
99
3.3 months supply
Sale-to-list
99.7%
Below asking
The Oak Park housing market is currently classified as a balanced market with a median sale price of $382,500. Prices have fallen 11.1% compared to last year, with homes spending an average of 61 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Oak Park?
The median home sale price in Oak Park is $382,500, down 11.1% from last year.
How long do homes stay on market in Oak Park?
Homes typically spend 61 days on market before going under contract.
Is Oak Park a buyer's or seller's market?
With 3.3 months of supply, Oak Park is currently a balanced market.
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