Oak Park Market Report | Jasmine Cuevas, Hudson Burnham Real Estate
OAK PARK
Hudson Burnham Real Estate

The Oak Park Market, Right Now.

A monthly look at what's actually happening with home values, inventory, and buyer demand in Oak Park — kept current by Jasmine Cuevas, your local broker.

Updated Monthly — Last Refresh: August 2026
$655K
Median Sale Price
↑ [X]% vs last month
19
Avg. Days on Market
↓ [X] days vs last month
45
Active Listings
↑ [X] new this month
54
Homes Sold (30 Days)
↑ [X]% vs last month
Stats sourced from MLS data for Oak Park, IL. Updated monthly.

What This Means If You're Selling

Oak Park's historic character and strong bungalow inventory make it one of the most sought-after family markets in the western suburbs — and that inventory has been tightening, which puts sellers in a strong position right now. Buyers are actively competing for well-maintained homes in top school boundaries, and pricing strategy still depends heavily on how a home's condition compares to what's currently available.

  • Bungalow and Prairie-style inventory remains tight relative to steady buyer demand
  • Homes in top-rated school boundaries are seeing the fastest offers
  • Updated, move-in-ready homes are commanding a clear premium over as-is properties needing work

What This Means If You're Buying

Oak Park draws buyers looking for exactly what this suburb is known for — historic character, strong schools, and a real sense of community, all within an easy commute to the city. That combination means real competition for well-priced homes, especially in top school boundaries.

6.45%
30-Yr Fixed Rate
5.79%
15-Yr Fixed Rate
Current national average rates — updated monthly

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