Housing in Oak Park, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$380,000
Median List Price
$412,450
Price Per Sq Ft
$269
Days on Market
52
Active Inventory
80
Months of Supply
2.6
Seller's market
Zillow Home Value
$438,471
ZHVI — January 2026
Zillow Rent Index
$2,119
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
22.6%
Off Market in 2 Weeks
42.5%
Sale-to-List Ratio
97.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
31
New Listings
39
Pending Sales
40
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$269
Median List $/SF
$270
Oak Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Oak Park is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$456,300
Median Rent
$1,456
Total Housing Units
24,673
Vacancy Rate
5.7%
Owner Occupied
60.7%
Renter Occupied
39.3%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,425
Housing Types
The current median sale price in Oak Park, IL is $380,000 according to Redfin data. Homes spend a median of 52 days on the market. 22.6% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $269. Zillow's observed rent index is $2,119/month. About 60.7% of housing units are owner-occupied. The median year homes were built is 1938. There are 24,673 total housing units.