Brokers — List your Company Here
Featured local agent — Oak Park Heights, MN
Sarah Mitchell
Compass Real Estate · Oak Park Heights, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Oak Park Heights, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$348,450median sale price
How is the Oak Park Heights, MN housing market right now?
The median home sale price in Oak Park Heights, MN is $348,450, up 29.1% year-over-year. Homes sell in an average of 51 days with 13 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 Heights a buyer's or seller's market?
Oak Park Heights, MN is currently a balanced market, based on 2.2 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
51
Average pace
Active listings
13
2.2 months supply
Sale-to-list
99.6%
Below asking
What does the Oak Park Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $348,450 |
| Median list price | $387,500 |
| Year-over-year price change | +29.1% |
| Average days on market | 51 days |
| Active inventory | 13 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $204/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 10 |
| Listings with a price cut | 30.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Park Heights by property type?
How the Oak Park Heights, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $399,950 | $206/sq ft | 4 | 86 days |
| Condo / Co-op | $230,000 | $205/sq ft | 1 | 3 days |
| Townhouse | $249,900 | $180/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The Oak Park Heights housing market is currently classified as a balanced market with a median sale price of $348,450. Prices have risen 29.1% compared to last year, with homes spending an average of 51 days on market, indicating 2.2 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Oak Park Heights
There are currently 13 homes listed for sale in Oak Park Heights, Minnesota. The median listing price is $388K.
Active listings
13
Homes on market
Median list price
$388K
Avg. days on market
51
Days until sale
New this week
10
Newly listed
Who lives in Oak Park Heights?
Population
4,782
Median income
$84,639/yr
Median age
51.7 years
Owner-occupied
49.5%
College grads
38.4%
Avg commute
22.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Oak Park Heights?
Zillow home value
$351,068
Zillow rent index
$1,699/mo
Price-to-rent ratio
17.2x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Oak Park Heights?
Oak Park Heights is a community of approximately 5K residents with a median age of 51.7 years.The median household income is $84,639, which reflects a relatively affluent area with strong earning potential. 38.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 49.5%, showing a blend of owner and renter-occupied properties. The average commute time is 22.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oak Park Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oak Park Heights, MN?
Want a head-to-head view? Compare Oak Park Heights side-by-side with any other U.S. city using our market-comparison tool.
Is Oak Park Heights a good real estate investment market?
For investors evaluating Oak Park Heights, the price-to-rent ratio of 17.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 29.1% 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 Heights's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oak Park Heights's median home price.
Frequently asked questions
What is the average home price in Oak Park Heights?
The median home sale price in Oak Park Heights is $348,450, up 29.1% from last year.
How long do homes stay on market in Oak Park Heights?
Homes typically spend 51 days on market before going under contract.
What is the median income in Oak Park Heights?
The median household income is $84,639 per year.
Is Oak Park Heights a buyer's or seller's market?
With 2.2 months of supply, Oak Park Heights is currently a balanced market.
What is the Zillow home value estimate for Oak Park Heights?
The Zillow Home Value Index (ZHVI) for Oak Park Heights is $351,068, representing the typical home value in the area.
What is the median condo price in Oak Park Heights?
The median condo/co-op sale price in Oak Park Heights, MN is $230,000, compared to $399,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oak Park Heights?
The median single-family home price in Oak Park Heights, MN is $399,950 (about $206 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Oak Park Heights, MN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Oak Park Heights market alerts
Weekly updates on prices, inventory, and trends. Free forever.