All Home Types
Oak Park, MI Housing Market
What is the housing market like in Oak Park today?
In October 2024, Oak Park home prices were up 9.6% compared to last year, selling for a median price of $254K. On average, homes in Oak Park sell after 25 days on the market compared to 21 days last year. There were 26 homes sold in October this year, down from 32 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$253,750
+9.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Oak Park, MI
$253,750
+9.6%
United States
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Oak Park Migration & Relocation Trends
In Sep '24 - Nov '24, 21% of Oak Park homebuyers searched to move out of Oak Park, while 79% looked to stay within the metropolitan area.
- Across the nation, 0.84% of homebuyers searched to move into Oak Park from outside metros.
- Los Angeles homebuyers searched to move into Oak Park more than any other metro followed by New York and Washington.
Where are people moving to Oak Park from?
- 79% of Oak Park homebuyers searched to stay within the Oak Park metropolitan area.
- Traverse City was the most popular destination among Oak Park homebuyers followed by Cape Coral and Saginaw.
Where are people from Oak Park moving to?
Number of People Moving to Oak Park
least
most
People are moving to Oak Park from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 531 | ||
| 2 | 468 | ||
| 3 | 458 | ||
| 4 | 397 | ||
| 5 | 261 | ||
| 6 | 158 | ||
| 7 | 115 | ||
| 8 | 112 | ||
| 9 | 94 | ||
| 10 | 73 | ||
People are leaving Oak Park for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 161 | ||
| 2 | 143 | ||
| 3 | 117 | ||
| 4 | 112 | ||
| 5 | 104 | ||
| 6 | 92 | ||
| 7 | 88 | ||
| 8 | 77 | ||
| 9 | 51 | ||
| 10 | 49 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Oak Park.
Provided by First Street Foundation
Transportation in Oak Park
Learn about the walkability, bikeability, and transit-friendliness of Oak Park
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