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Oak Park

Why you'd want to live in Oak Park

Oak Park is a suburb of Chicago with a population of 54,100. Oak Park is in Cook County and is one of the best places to live in Illinois. Living in Oak Park offers residents an urban suburban mix feel and most residents own their homes. In Oak Park there are a lot of restaurants, coffee shops, and parks. Many families and young professionals live in Oak Park and residents tend to be liberal. The public schools in Oak Park are highly rated. via niche.com

Oak Park Market Report

$476,462

AVERAGE PRICE OF 209 HOMES

$375,057

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,312,385

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$503,717

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$581,250

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $476,462
Avg Bedrooms 2.75 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $166,860
2 bedrooms $281,898
3 bedrooms $475,860
4 bedrooms $650,688
5 bedrooms $829,989
Oak Park Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 197 192 204 220 220
Average Price $509,268 $523,897 $533,845 $531,264 $545,552
Avg Price Change -2.87% -1.90% +0.49% -2.69% -0.01%
Median Price $457,838 $461,475 $448,526 $472,810 $503,084
Med Price Change -0.79% +2.89% -5.41% -6.40% -4.03%
Avg Bedrooms 2.84 beds 2.86 beds 2.9 beds 2.99 beds 3.06 beds
Avg Bathrooms 2.05 baths 2.09 baths 2.17 baths 2.22 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oak Park & River Forest High Sch 181 $478,558 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 209 $476,462 82 days
Distressed Homes 7 $375,057 56 days
Multi-Million Dollar Homes 13 $1,312,385 64 days
Newly Built Homes 15 $503,717 276 days
Reduced Price Homes 8 $581,250 58 days
Metro Chicago Home Listings
Shena Omotola
1 Westbrook Corporate Center #300
Westchester, IL 60154
630-517-0350

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