Oak Park, IL Housing Market Trends

Market Overview for Q3 2026

$450K -0.7% Y-o-Y -$3K Y-o-Y
$403 8.3% Y-o-Y $31 Y-o-Y
135 -23.3% Y-o-Y -41 Y-o-Y
$370K 17% Y-o-Y $54K Y-o-Y
Oak Park, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $363,000 $430,000 $384,000 0
2023 $358,000 $392,000 $369,000 $387,000
2024 $356,000 $493,000 $450,000 $375,000
2025 $395,000 $479,000 $453,000 $405,000
2026 $381,000 $579,000 $450,000
Oak Park, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $276 $314 $304 0
2023 $282 $307 $308 $294
2024 $311 $328 $333 $314
2025 $338 $363 $372 $335
2026 $365 $355 $403
Real Estate Transactions in Oak Park, IL
Year Q1 Q2 Q3 Q4
2022 214 326 215 0
2023 123 228 191 137
2024 130 209 154 157
2025 117 201 176 122
2026 108 192 135
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000
Oak Park, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $363,000 $430,000 $384,000 0
2023 $358,000 $392,000 $369,000 $387,000
2024 $356,000 $493,000 $450,000 $375,000
2025 $395,000 $479,000 $453,000 $405,000
2026 $381,000 $579,000 $450,000
Oak Park, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $276 $314 $304 0
2023 $282 $307 $308 $294
2024 $311 $328 $333 $314
2025 $338 $363 $372 $335
2026 $365 $355 $403
Real Estate Transactions in Oak Park, IL
Year Q1 Q2 Q3 Q4
2022 214 326 215 0
2023 123 228 191 137
2024 130 209 154 157
2025 117 201 176 122
2026 108 192 135
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$215K
13.8%
-
-
56
Other Residential
$666K
2.3%
$411
5.9%
74

Oak Park, IL Housing Stock

Property Type
Units
Condo
5,118
Townhouse
663
Other
9,624

Cook County: Demographics

Total population
53,292
Median age
40.3
No high school education
0.9%
Some high school/college
12.2%
Bachelor's degree
33.4%
Average household income
$161,118
Occupied housing units
23,387
Owner-occupied units
60.0%
Renter-occupied units
40.0%
Median year structure built
1938

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Winnetka
$1.4M
2
Wilmette
$983K
3
Western Springs
$900K
4
Barrington
$780K
5
Glenview
$744K
6
Northbrook
$730K
7
Lemont
$725K
8
River Forest
$643K
9
Park Ridge
$598K
10
LA Grange
$529K
12
Evanston
$480K
13
Morton Grove
$463K
14
Mount Prospect
$438K
15
Skokie
$430K
16
Riverside
$430K
17
Harwood Heights
$424K
18
Orland Park
$412K
19
Hoffman Estates
$405K
20
Niles
$400K
21
Rolling Meadows
$395K
23
Palatine
$386K
24
Palos Heights
$379K
25
Prospect Heights
$378K
26
Westchester
$375K
27
Brookfield
$364K
28
Chicago
$360K
29
Forest Park
$360K
30
Melrose Park
$350K
31
Elmwood Park
$350K
32
Streamwood
$348K
33
Des Plaines
$340K
34
Schaumburg
$336K
35
Berwyn
$335K
36
Elgin
$327K
37
Wheeling
$326K
38
Oak Forest
$317K
39
Oak Lawn
$310K
40
Burbank
$309K
41
Tinley Park
$305K
42
Cicero
$281K
43
Midlothian
$275K
44
Alsip
$269K
45
Palos Hills
$255K
46
Matteson
$250K
48
Homewood
$235K
49
South Holland
$223K
50
Chicago Heights
$208K
51
Lansing
$202K
52
Park Forest
$165K
53
Calumet City
$150K