Oak Park, IL Real Estate & Property Data

Oak Park Real Estate Market Trends
Last Updated: April 02, 2023

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 1,021 residential properties have sold over the past year. With a median home price of $500,000 in Oak Park and a total of 8 foreclosures. Get detailed property data for Oak Park, IL instantly. ATTOM is your one-stop-shop for the property reports and real estate data you need in Oak Park, IL.

Oak Park Real Estate Market Trends
Total Residential Properties 15,325
Total Commercial Properties 1,309
Avg. Home Age (Single Family Home) 103 Years
Avg. Square Feet (Single Family Home) 1,896
Total 2023 Residential Sales (year-to-date) 84
% of Homes Seriously Underwater (Q2 2023) 2.33%
Total 2022 Residential Sales 997
% of Equity Rich Homes (Q2 2023) 31.36%
Effective 2022 Property Tax 2.35%
Total Foreclosure Filings (year-to-date) 15
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Oak Park, IL Real Estate Overview

There were 1,021 residential properties sold in the past year in Oak Park, IL. The median home value in Oak Park, IL is $452,202. There are a total of 15,325 residential properties in the Oak Park, IL.

Median Sales Price i
$500,000
(Feb 2023)
-2.3%
year-over-year
y-o-y
  • February '23 Feb '23 $500,000
  • January '23 Jan '23 $447,750
  • December '22 Dec '22 $537,500
  • November '22 Nov '22 $615,000
  • October '22 Oct '22 $479,500
  • September '22 Sep '22 $515,000
  • August '22 Aug '22 $515,000
  • July '22 Jul '22 $568,250
  • June '22 Jun '22 $582,500
  • May '22 May '22 $526,000
  • April '22 Apr '22 $560,000
  • March '22 Mar '22 $469,500
Median Down Payment i
$102,000
(Feb 2023)
+33.9%
year-over-year
y-o-y
  • February '23 Feb '23 $102,000
  • January '23 Jan '23 $86,900
  • December '22 Dec '22 $66,750
  • November '22 Nov '22 $125,000
  • October '22 Oct '22 $88,200
  • September '22 Sep '22 $76,100
  • August '22 Aug '22 $92,000
  • July '22 Jul '22 $110,000
  • June '22 Jun '22 $115,000
  • May '22 May '22 $97,597
  • April '22 Apr '22 $74,900
  • March '22 Mar '22 $66,000
Number of Homes Sold i
39
(Feb 2023)
-51.9%
year-over-year
y-o-y
  • February '23 Feb '23 39
  • January '23 Jan '23 45
  • December '22 Dec '22 42
  • November '22 Nov '22 47
  • October '22 Oct '22 67
  • September '22 Sep '22 71
  • August '22 Aug '22 99
  • July '22 Jul '22 82
  • June '22 Jun '22 131
  • May '22 May '22 113
  • April '22 Apr '22 101
  • March '22 Mar '22 103
Number of Purchase Loans i
35
(Feb 2023)
-52.7%
year-over-year
y-o-y
  • February '23 Feb '23 35
  • January '23 Jan '23 33
  • December '22 Dec '22 43
  • November '22 Nov '22 38
  • October '22 Oct '22 50
  • September '22 Sep '22 66
  • August '22 Aug '22 91
  • July '22 Jul '22 83
  • June '22 Jun '22 120
  • May '22 May '22 103
  • April '22 Apr '22 95
  • March '22 Mar '22 100
Number of REFI Loans i
14
(Feb 2023)
-78.1%
year-over-year
y-o-y
  • February '23 Feb '23 14
  • January '23 Jan '23 8
  • December '22 Dec '22 11
  • November '22 Nov '22 10
  • October '22 Oct '22 14
  • September '22 Sep '22 20
  • August '22 Aug '22 22
  • July '22 Jul '22 23
  • June '22 Jun '22 22
  • May '22 May '22 27
  • April '22 Apr '22 66
  • March '22 Mar '22 73
Number of HELOC Loans i
13
(Feb 2023)
-13.3%
year-over-year
y-o-y
  • February '23 Feb '23 13
  • January '23 Jan '23 17
  • December '22 Dec '22 15
  • November '22 Nov '22 13
  • October '22 Oct '22 9
  • September '22 Sep '22 20
  • August '22 Aug '22 31
  • July '22 Jul '22 21
  • June '22 Jun '22 29
  • May '22 May '22 21
  • April '22 Apr '22 12
  • March '22 Mar '22 22

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 8 Oak Park, IL properties with a foreclosure filing in February 2023. Lenders started the foreclosure process on 6 Oak Park, IL properties and repossessed 1 Oak Park, IL properties through completed foreclosures (REOs) in February 2023.

Total Foreclosure Filings i
8
(Feb 2023)
+33.3%
year-over-year
y-o-y
  • February '23 Feb '23 8
  • January '23 Jan '23 7
  • December '22 Dec '22 1
  • November '22 Nov '22 8
  • October '22 Oct '22 6
  • September '22 Sep '22 10
  • August '22 Aug '22 14
  • July '22 Jul '22 5
  • June '22 Jun '22 15
  • May '22 May '22 13
  • April '22 Apr '22 7
  • March '22 Mar '22 8
Foreclosure Starts i
6
(Feb 2023)
+100%
year-over-year
y-o-y
  • February '23 Feb '23 6
  • January '23 Jan '23 4
  • December '22 Dec '22 N/A
  • November '22 Nov '22 6
  • October '22 Oct '22 3
  • September '22 Sep '22 8
  • August '22 Aug '22 7
  • July '22 Jul '22 3
  • June '22 Jun '22 8
  • May '22 May '22 11
  • April '22 Apr '22 5
  • March '22 Mar '22 7
Completed Foreclosures (REOs) i
1
(Feb 2023)
  • February '23 Feb '23 1
  • January '23 Jan '23 4
  • December '22 Dec '22 3
  • November '22 Nov '22 N/A
  • October '22 Oct '22 N/A
  • September '22 Sep '22 1
  • August '22 Aug '22 2
  • July '22 Jul '22 1
  • June '22 Jun '22 2
  • May '22 May '22 3
  • April '22 Apr '22 7
  • March '22 Mar '22 N/A
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