Oak Park, IL Real Estate & Property Data

Oak Park Real Estate Market Trends
Last Updated: April 15, 2024

Accurate and comprehensive real estate data is critical for insight into Oak Park, IL. ATTOM’s Oak Park real estate data is updated daily, and current market trends show that in Oak Park, IL a total of 790 residential properties have sold over the past year. With a median home price of $615,000 in Oak Park and a total of 3 foreclosures. Get detailed property data for Oak Park, IL instantly. ATTOM is your one-stop-shop for the Oak Park property reports and real estate data you need in Oak Park, IL.

Oak Park Real Estate Market Trends
Total Residential Properties 15,332
Total Commercial Properties 1,309
Avg. Home Age (Single Family Home) 104 Years
Avg. Square Feet (Single Family Home) 1,896
Total 2024 Residential Sales (year-to-date) 66
% of Homes Seriously Underwater (Q2 2024) 1.82%
Total 2023 Residential Sales 769
% of Equity Rich Homes (Q2 2024) 33.97%
Effective 2023 Property Tax 2.53%
Total Foreclosure Filings (year-to-date) 5
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Oak Park, IL Real Estate Overview

There were 790 residential properties sold in the past year in Oak Park, IL. The median home value in Oak Park, IL is $417,280. There are a total of 15,332 residential properties in the Oak Park.

Median Sales Price i
$615,000
(Feb 2024)
+23%
year-over-year
y-o-y
  • February '24 Feb '24 $615,000
  • January '24 Jan '24 $430,000
  • December '23 Dec '23 $511,500
  • November '23 Nov '23 $573,750
  • October '23 Oct '23 $547,500
  • September '23 Sep '23 $497,500
  • August '23 Aug '23 $576,000
  • July '23 Jul '23 $520,000
  • June '23 Jun '23 $562,250
  • May '23 May '23 $460,000
  • April '23 Apr '23 $540,000
  • March '23 Mar '23 $457,500
Median Down Payment i
$153,000
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 $153,000
  • January '24 Jan '24 $80,000
  • December '23 Dec '23 $83,500
  • November '23 Nov '23 $104,625
  • October '23 Oct '23 $159,000
  • September '23 Sep '23 $85,000
  • August '23 Aug '23 $110,000
  • July '23 Jul '23 $61,125
  • June '23 Jun '23 $100,000
  • May '23 May '23 $80,900
  • April '23 Apr '23 $92,750
  • March '23 Mar '23 $54,000
Number of Homes Sold i
33
(Feb 2024)
-13.2%
year-over-year
y-o-y
  • February '24 Feb '24 33
  • January '24 Jan '24 33
  • December '23 Dec '23 55
  • November '23 Nov '23 46
  • October '23 Oct '23 57
  • September '23 Sep '23 61
  • August '23 Aug '23 90
  • July '23 Jul '23 72
  • June '23 Jun '23 98
  • May '23 May '23 79
  • April '23 Apr '23 63
  • March '23 Mar '23 65
Number of Purchase Loans i
23
(Feb 2024)
-32.4%
year-over-year
y-o-y
  • February '24 Feb '24 23
  • January '24 Jan '24 36
  • December '23 Dec '23 43
  • November '23 Nov '23 38
  • October '23 Oct '23 41
  • September '23 Sep '23 48
  • August '23 Aug '23 81
  • July '23 Jul '23 54
  • June '23 Jun '23 84
  • May '23 May '23 65
  • April '23 Apr '23 59
  • March '23 Mar '23 56
Number of REFI Loans i
12
(Feb 2024)
-14.3%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 9
  • December '23 Dec '23 14
  • November '23 Nov '23 15
  • October '23 Oct '23 13
  • September '23 Sep '23 15
  • August '23 Aug '23 19
  • July '23 Jul '23 9
  • June '23 Jun '23 12
  • May '23 May '23 12
  • April '23 Apr '23 18
  • March '23 Mar '23 8
Number of HELOC Loans i
14
(Feb 2024)
+7.7%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 13
  • December '23 Dec '23 7
  • November '23 Nov '23 13
  • October '23 Oct '23 13
  • September '23 Sep '23 10
  • August '23 Aug '23 21
  • July '23 Jul '23 12
  • June '23 Jun '23 14
  • May '23 May '23 19
  • April '23 Apr '23 10
  • March '23 Mar '23 15

Oak Park, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Oak Park, IL Foreclosure Activity

There were a total of 3 Oak Park, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
-62.5%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 5
  • September '23 Sep '23 4
  • August '23 Aug '23 5
  • July '23 Jul '23 6
  • June '23 Jun '23 6
  • May '23 May '23 9
  • April '23 Apr '23 10
  • March '23 Mar '23 6
Foreclosure Starts i
2
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 3
  • April '23 Apr '23 6
  • March '23 Mar '23 6
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 6
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 5
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