Oak Park Market Report
$503,084
AVERAGE PRICE OF 212 HOMES$208,809
AVERAGE PRICE OF 11 DISTRESSED HOMES$1,364,207
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$556,433
AVERAGE PRICE OF 6 NEWLY BUILT HOMES$535,900
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
| Average Price | $503,084 |
| Avg Bedrooms | 3.09 beds |
| Avg Bathrooms | 2.41 baths |
Average Price by Bedrooms
| 1 bedroom | $200,518 |
| 2 bedrooms | $254,421 |
| 3 bedrooms | $483,971 |
| 4 bedrooms | $626,205 |
| 5 bedrooms | $874,745 |
Oak Park Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 211 | 198 | 197 | 179 | 155 |
| Average Price | $459,730 | $427,569 | $424,642 | $401,816 | $415,379 |
| Avg Price Change | +7.52% | +0.69% | +5.68% | -3.38% | -3.27% |
| Median Price | $404,957 | $379,690 | $390,074 | $354,129 | $378,040 |
| Med Price Change | +6.65% | -2.73% | +10.15% | -6.75% | -1.77% |
| Avg Bedrooms | 2.95 beds | 2.97 beds | 2.95 beds | 2.9 beds | 3.01 beds |
| Avg Bathrooms | 2.23 baths | 2.18 baths | 2.15 baths | 2.14 baths | 2.18 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Gwendolyn Brooks Middle School | 1 | $539,900 | 162 days |
| Oak Park & River Forest High Sch | 186 | $500,335 | 57 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 212 | $503,084 | 61 days |
| Distressed Homes | 11 | $208,809 | 119 days |
| Multi-Million Dollar Homes | 14 | $1,364,207 | 86 days |
| Newly Built Homes | 6 | $556,433 | 101 days |
| Reduced Price Homes | 6 | $535,900 | 105 days |
