Oak Park, CA—91377
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Park, CA
As of Oct '25, the median home price in Oak Park, CA is $1,121,000, with a year-over-year change of -0.7%. This indicates that home prices in Oak Park, CA are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,121,000 | -0.7% |
| Single Family | $1,209,000 | -0.8% |
| Condos | $579,000 | -1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $420,000 | -3.7% |
2 Bed | $614,000 | -1.8% |
3 Bed | $982,000 | -1.0% |
4 Bed | $1,295,000 | -1.1% |
| 5 Bed | $1,553,000 | -0.6% |
% of Housing Stock
Rental Trends — Oak Park, CA
As of July '25, Rentcast reports the average rent in Oak Park, CA is $4,610, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Oak Park, CA is 1-bedrooms: $2,510, 2-bedrooms: $3,570, 3-bedrooms: $4,760, 4-bedrooms: $6,030. The most common rental property sizes in Oak Park, CA are 2-bedroom and 4-bedroom, accounting for 55.7% and 16.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,200 | $4,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,400 | $2,510 |
| 2 Bed Rent | $3,650 | $3,570 |
| 3 Bed Rent | $4,400 | $4,760 |
| 4 Bed Rent | $5,450 | $6,030 |
% of Rental Stock
Property Listings — Oak Park, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Park, CA is 47. This is a increase of 76.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $861,000 | -24.0% |
Listing Count | 43 | 67.0% |
| Listings as % of Homes | 0.3% | 67.0% |
Days on Market | 47 | 76.0% |
Demographics — Oak Park, CA
As of the latest ACS Survey released in 2023, Oak Park, CA has a population of 13,700, which has remained stable by -0.5% over the past 5 years. Oak Park, CA is a popular place for families, as children make up 25.9% of the population. The area has a highly educated workforce, with 63.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,700 | -0.5% |
% Under 18 | 25.9% | 4.4% |
% Seniors | 15.1% | 4.1% |
% WFH | 25.5% | 125.7% |
% w/ College Degree | 63.2% | 1.3% |
As of the latest ACS Survey released in 2023, Oak Park, CA is a predominantly white area, with 69.8% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Oak Park, CA is asian, making up 18.0% of the population. Foreign-born residents account for 22.6% of the population in Oak Park, CA, and this percentage has increased by 15.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.8% | 4.5% |
% Black | 0.4% | -66.7% |
% Hispanic | 7.8% | 2.6% |
% Asian | 18.0% | -0.6% |
% Foreign Born | 22.6% | 15.3% |
Mortgage and Risk — Oak Park, CA
According to HUD data as of 2023, there were 160 mortgage originations in Oak Park, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Oak Park, CA. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 160 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Oak Park, CA
As of 2024, the percent of homes in Oak Park, CA under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Oak Park, CA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $550 | $2,400 | $2,950 |
| 2 Bedroom | -$120 | $3,650 | $3,530 |
| 3 Bedroom | $420 | $4,400 | $4,820 |
| 4 Bedroom | $160 | $5,450 | $5,610 |
Affordability — Oak Park, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $1,121,000 |
| Median Household Income | $160,000 |