The Oak Park housing market is somewhat competitive. Homes in Oak Park receive 3 offers on average and sell in around 41 days. The median sale price of a home in Oak Park was $466K last month, down 3.6% since last year. The median sale price per square foot in Oak Park is $289, up 1.6% since last year.
What is the housing market like in Oak Park today?
In June 2025, Oak Park home prices were down 3.6% compared to last year, selling for a median price of $466K. On average, homes in Oak Park sell after 41 days on the market compared to 47 days last year. There were 77 homes sold in June this year, down from 88 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$466,000
-3.6% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Oak Park, IL
$466,000
-3.6%
United States
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How hot is the Oak Park housing market?
Oak Park is somewhat competitive. Homes sell in 39 days.
0
100
64
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 39 days.
Hot homes
can sell for about 6% above list price and go pending in around 28 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Oak Park
Explore recent offers and recently sold homes in Oak Park
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$275K Offer
Sold for $275K
1bd | 1ba | ~1,000sqft
Under List Price
2%
Days on Market
48
Competing Offers
3
Down Payment
~20%
Nathan Freeborn
Oak Park Redfin Agent
Property went into multiple offers after a price reduction. Buyers bid above the new price but the offer still wasn't strong enough to 'win'.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oak Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oak Park.
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oak Park has a minor risk of flooding. 1,086 properties in Oak Park are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Oak Park. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Oak Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oak Park is most at risk from hurricanes. 13,585 properties in Oak Park have some risk of being in a severe wind event within the next 30 years.