Oak Park, IL—60304
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$515,000
10.7% YoY Growth
Household Income
$133,000
24.3% YoY Growth
Days on Market
27
13.0% Longer YoY
Home Price Forecast
2.5%
Median Rent
$1,600
5.6% YoY Growth
1-Bed Rent
$1,400
12.7% YoY Growth
2-Bed Rent
$1,900
3.5% YoY Growth
3-Bed Rent
$2,250
13.1% YoY Growth
Home Price Trends — Oak Park, IL
As of May '26, the median home price in Oak Park, IL is $515,000, with a year-over-year change of 10.7%. This indicates that home prices in Oak Park, IL are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $515,000 | 10.7% |
| Single Family | $541,000 | 10.2% |
| Condos | $198,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |