Oak Park, IL Housing Market & Real Estate

Balanced market-11.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Oak Park, IL is $382,500, down 11.1% year-over-year. Homes sell in an average of 61 days with 99 active listings. The market is currently a balanced market.

$382,500median sale price

Is Oak Park a buyer's or seller's market?

Balanced market3.3 months of supply61 avg. days on market

Oak Park, IL is currently a balanced market, based on 3.3 months of supply and homes selling in about 61 days. How we determine this →

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

Oak Park, IL market data

Current housing market statistics for Oak Park, IL
MetricValue
Median sale price$382,500
Median list price$412,500
Year-over-year price change-11.1%
Average days on market61 days
Active inventory99 listings
Months of supply3.3 months
Sale-to-list price ratio99.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

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

Homes for sale in Oak Park

There are currently 99 homes listed for sale in Oak Park, Illinois. The median listing price is $413K. Featured listings range from $179,900 to $750,000.

1 bedroom condo for sale at 415 Wesley Ave Apt 48 Oak Park 60302 - $179,900
New listing
2
$179,900

415 Wesley Ave Apt 48

Oak Park, IL 60302

1 bd1 ba900 sqft
Condo
Est. $152KSold 2023 for $125K

Marcus Mason · REMAX Legends

More about this property
1 bedroom condo for sale at 420 S Home Ave Unit 107N Oak Park 60302 - $209,999
New listing
27
$209,999

420 S Home Ave Unit 107N

Oak Park, IL 60302

1 bd1 ba
Condo
Est. $170KSold 2023 for $180K

Luis Ortiz · RE/MAX Partners

More about this property
1 bedroom condo for sale at 1038 Superior St Apt 1W Oak Park 60302 - $234,999
New listing
14
$234,999

1038 Superior St Apt 1W

Oak Park, IL 60302

1 bd1 ba
Condo
Est. $220KSold 2024 for $220K

Hugo Sandoval · Realty of America, LLC

More about this property
2 bedroom condo for sale at 431 S East Ave Apt 1N Oak Park 60302 - $299,900
New listing
30
$299,900

431 S East Ave Apt 1N

Oak Park, IL 60302

2 bd1 ba1,300 sqft
Condo
Est. $255KSold 2019 for $149K

Ethan Espinosa · E-Professional Realty

More about this property
2 bedroom townhouse for sale at Address unavailable Oak Park 60302 - $415,000
New listing
24
$415,000

Address unavailable

Oak Park, IL 60302

2 bd3 ba2,195 sqft
Townhouse
Est. $426KSold 2003 for $293K

Arrick Pelton · @properties Christie's International Real Estate

More about this property
4 bedroom house for sale at 917 Home Ave Oak Park 60304 - $419,000
New listing
39
$419,000

917 Home Ave

Oak Park, IL 60304

4 bd2 ba1,613 sqft
House
Est. $534KSold 2017 for $385K

Ryan Parks · @properties Christie's International Real Estate

More about this property
3 bedroom condo for sale at 304 N Grove Ave Apt 3B Oak Park 60302 - $430,000
New listing
25
$430,000

304 N Grove Ave Apt 3B

Oak Park, IL 60302

3 bd2 ba1,500 sqft
Condo
Est. $318KSold 2007 for $368K

Anne Coleman · Compass

More about this property
3 bedroom condo for sale at 617 South Blvd Apt E Oak Park 60302 - $459,900
New listing
$459,900

617 South Blvd Apt E

Oak Park, IL 60302

3 bd3 ba1,480 sqft
Condo
Est. $328KSold 2016 for $238K

Gabe Caporale · Caporale Realty Group

More about this property
3 bedroom house for sale at 527 Lyman Ave Oak Park 60304 - $500,000
New listing
37
$500,000

527 Lyman Ave

Oak Park, IL 60304

3 bd2 ba1,215 sqft
House
Est. $534KSold 2001 for $221K

Linda Rooney · Berkshire Hathaway HomeServices Chicago

More about this property
3 bedroom townhouse for sale at 420 Pennsylvania Way Oak Park 60302 - $625,000
New listing
30
$625,000

420 Pennsylvania Way

Oak Park, IL 60302

3 bd4 ba2,450 sqft
Townhouse
Est. $566KSold 2010 for $315K

Kara Gabbert Keller · Baird & Warner

More about this property
4 bedroom house for sale at Address unavailable Oak Park 60302 - $699,900
New listing
28
$699,900

Address unavailable

Oak Park, IL 60302

4 bd2 ba1,800 sqft
House
Est. $685KSold 2008 for $288K

Cynthia Howe Gajewski · Beyond Properties Realty Group

More about this property
4 bedroom house for sale at 542 N Ridgeland Ave Oak Park 60302 - $750,000
New listing
32
$750,000

542 N Ridgeland Ave

Oak Park, IL 60302

4 bd4 ba3,100 sqft
House
Est. $641KSold 2002 for $430K

Renata Gomes Carneiro · World One Realty

More about this property

Looking to buy in Oak Park?

Get connected with a local real estate expert — free, no obligation.

Active listings

99

Homes on market

Median list price

$413K

Avg. days on market

61

Days until sale

New this week

60

Newly listed

Price drops:4.0%of listings
Sale-to-list:99.7%

Top public schools in Oak Park

11 schools tracked · 8,852 students

The largest public schools serving Oak Park, IL 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 & River Forest High Sch

Grades 9-12 · 3,256 students

Public

Gwendolyn Brooks Middle School

Grades 6-8 · 981 students

Public

Percy Julian Middle School

Grades 6-8 · 902 students

Public

Abraham Lincoln Elem School

Grades K-5 · 576 students

Public

Irving Elem School

Grades K-5 · 541 students

Public

Oliver W Holmes Elem School

Grades PK-5 · 534 students

Public

Longfellow Elem School

Grades PK-5 · 517 students

Public

Horace Mann Elem School

Grades K-5 · 420 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in IL

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.

How many homes are for sale in Oak Park?

There are currently 99 homes listed for sale in Oak Park, IL.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Oak Park, IL market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Oak Park market alerts

Weekly updates on prices, inventory, and trends. Free forever.