Oak Park, MN—56357
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Park, MN
As of Oct '25, the median home price in Oak Park, MN is $378,000, with a year-over-year change of 3.1%. This indicates that home prices in Oak Park, MN are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $378,000 | 3.1% |
| Single Family | $378,000 | 3.6% |
| 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 | $375,000 | 5.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oak Park, MN
Oak Park, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oak Park, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Park, MN is 69. This is a increase of 12.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | -16.0% |
Listing Count | 3 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 69 | 12.0% |
Demographics — Oak Park, MN
As of the latest ACS Survey released in 2023, Oak Park, MN has a population of 1,190, which has increased by 10.4% over the past 5 years. Oak Park, MN is a popular place for families, as children make up 32.0% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,190 | 10.4% |
% Under 18 | 32.0% | 14.7% |
% Seniors | 10.5% | -30.0% |
% WFH | 8.8% | 31.3% |
% w/ College Degree | 16.3% | 3.2% |
As of the latest ACS Survey released in 2023, Oak Park, MN is a predominantly white area, with 97.6% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Oak Park, MN is hispanic, making up 1.3% of the population. Foreign-born residents account for 2.0% of the population in Oak Park, MN, and this percentage has increased by 100.0% 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 | 97.6% | 2.4% |
% Black | 0.5% | 66.7% |
% Hispanic | 1.3% | 18.2% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 2.0% | 100.0% |
Mortgage and Risk — Oak Park, MN
Oak Park, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Oak Park, MN
Oak Park, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,190 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Oak Park, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $378,000 |
| Median Household Income | $107,000 |