Oak Park, OH—43907
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Park, OH
Oak Park, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $126,000 | -5.5% |
| Single Family | $126,000 | -6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $166,000 | -2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oak Park, OH
As of July '25, Rentcast reports the average rent in Oak Park, OH is $828, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Oak Park, OH is 2-bedrooms: $828. The most common rental property sizes in Oak Park, OH are 2-bedroom and 3-bedroom, accounting for 49.6% and 42.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $820 | $828 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $820 | $828 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oak Park, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Park, OH is 141. This is a increase of 9.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -12.0% |
Listing Count | 18 | 29.0% |
| Listings as % of Homes | 0.6% | 29.0% |
Days on Market | 141 | 9.0% |
Demographics — Oak Park, OH
As of the latest ACS Survey released in 2023, Oak Park, OH has a population of 4,810, which has decreased by -16.4% over the past 5 years. Oak Park, OH is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 11.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,810 | -16.4% |
% Under 18 | 20.9% | 17.4% |
% Seniors | 27.8% | 22.5% |
% WFH | 5.7% | 78.1% |
% w/ College Degree | 11.1% | -2.6% |
As of the latest ACS Survey released in 2023, Oak Park, OH is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Oak Park, OH is black, making up 7.9% of the population. Foreign-born residents account for 0.5% of the population in Oak Park, OH, and this percentage has decreased by 44.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.8% | -2.3% |
% Black | 7.9% | 36.2% |
% Hispanic | 0.4% | 33.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -44.4% |
Mortgage and Risk — Oak Park, OH
According to HUD data as of 2023, there were 60 mortgage originations in Oak Park, OH, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Oak Park, OH. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Oak Park, OH
Oak Park, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 253 |
Total Units Section 8 | 253 |
% Rentals under Section 8 | 36.5% |
% Occupied Section 8 | 60.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | $60 | $820 | $880 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,180 |
Affordability — Oak Park, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $126,000 |
| Median Household Income | $45,800 |