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Featured local agent — Oak Park, CA
Sarah Mitchell
Compass Real Estate · Oak Park, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Park, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.16Mmedian sale price
How is the Oak Park, CA housing market right now?
The median home sale price in Oak Park, CA is $1.16M, up 6.7% year-over-year. Homes sell in an average of 58 days with 45 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oak Park a buyer's or seller's market?
Oak Park, CA is currently a balanced market, based on 3.5 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
58
Average pace
Active listings
45
3.5 months supply
Sale-to-list
97.3%
Below asking
What does the Oak Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.16M |
| Median list price | $1.13M |
| Year-over-year price change | +6.7% |
| Average days on market | 58 days |
| Active inventory | 45 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $559/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 16 |
| Listings with a price cut | 42.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Park by property type?
How the Oak Park, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.25M | $597/sq ft | 10 | 41 days |
| Condo / Co-op | $587,500 | $472/sq ft | 1 | 154 days |
| Townhouse | $789,000 | $533/sq ft | 3 | 73 days |
Source: Redfin · Updated monthly
The Oak Park housing market is currently classified as a balanced market with a median sale price of $1.16M. Prices have risen 6.7% compared to last year, with homes spending an average of 58 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Oak Park
There are currently 45 homes listed for sale in Oak Park, California. The median listing price is $1.1M.
Active listings
45
Homes on market
Median list price
$1.1M
Avg. days on market
58
Days until sale
New this week
16
Newly listed
Who lives in Oak Park?
Population
13,656
Median income
$160,484/yr
Median age
41.4 years
Owner-occupied
71.8%
College grads
63.2%
Avg commute
32.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Oak Park?
Zillow home value
$1.15M
Zillow rent index
$3,123/mo
Price-to-rent ratio
30.6x
Price-to-income
7.1x
Source: Zillow Research
What is it like to live in Oak Park?
Oak Park is a community of approximately 14K residents with a median age of 41.4 years.The median household income is $160,484, which reflects a relatively affluent area with strong earning potential. 63.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 71.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oak Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oak Park?
8 schools tracked · 4,338 students
The largest public schools serving Oak Park, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Oak Park High
Grades 9-12 · 1,410 students
Medea Creek Middle
Grades 6-8 · 1,057 students
Red Oak Elementary
Grades K-5 · 593 students
Brookside Elementary
Grades K-5 · 546 students
Oak Hills Elementary
Grades K-5 · 511 students
Oak Park Independent
Grades K-12 · 193 students
Oak View High
Grades 9-12 · 28 students
Oak Park Neighborhood Preschool
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Oak Park, CA?
Want a head-to-head view? Compare Oak Park side-by-side with any other U.S. city using our market-comparison tool.
Is Oak Park a good real estate investment market?
For investors evaluating Oak Park, the price-to-rent ratio of 30.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oak Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oak Park's median home price.
Frequently asked questions
What is the average home price in Oak Park?
The median home sale price in Oak Park is $1.16M, up 6.7% from last year.
How long do homes stay on market in Oak Park?
Homes typically spend 58 days on market before going under contract.
What is the median income in Oak Park?
The median household income is $160,484 per year.
Is Oak Park a buyer's or seller's market?
With 3.5 months of supply, Oak Park is currently a balanced market.
What is the Zillow home value estimate for Oak Park?
The Zillow Home Value Index (ZHVI) for Oak Park is $1.15M, representing the typical home value in the area.
What is the median condo price in Oak Park?
The median condo/co-op sale price in Oak Park, CA is $587,500, compared to $1.25M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oak Park?
The median single-family home price in Oak Park, CA is $1.25M (about $597 per square foot).
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