Photo: Johnrozsa · CC BY-SA 4.0304 homes sold in Oak Park in the last year, at a typical $239K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oak Park homes are listed.
Every place Oak Park homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Oak Park.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Oak Park’s sales, at a typical $238K (year to May 2026)
304 homes sold in the year to September 2026.
typical sale · 302 sold in the year to May 2026
- Per square foot
- $176MI $172
- Days to sell
- 29
- Sold over asking
- 37%
- Listings with a price cut
- 31%
Multi-family (2–4 units): 3 sold, typical $255K
Condos: 6 sold, typical $192K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.4 times the 2016 price
304 sales in the last year, against 516 in 2015 and a low of 294 in 2025. The typical sale went from $101K in 2016 to $239K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $250K buys in Oak Park
Check a listing against what Oak Park homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Oak Park are back to pre-pandemic levels, and more homes are for sale
We read every month of Oak Park’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 304 sales.
If you’re buying in Oak Park
- Shop in October. It brings about 37 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Bid near asking. Buyers paid 99.1% of the list price on average; 35% paid over.
- You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 27 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 45 a month), but June is the most competitive: 49% of June sales close over asking. September and October offer nearly as much choice with fewer homes bid up (39%). January has the least competition (26%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Michigan
| Oak Park now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 35% | 37% | 53% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 42% | 49% | 60% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 98.8% | 101.3% | 98.1% |
| Days to sellMedian days from listing to contract | 27 | 16 | 14 | 36 |
57 homes for sale on a typical day
That’s 1.9 times the 2021 low (30), 16% more than in 2017–19 and well under 2012’s 158.
Since 2019, houses are up 60%, condos 62%
A house typically sold for $238K in the year to May 2026 (302 sales), a condo for $192K (6).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Oak Park ranks 66th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Oak Park is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Oak Park home costs about $1,513 a month
Price: Oak Park’s typical sale, last 12 months. Property tax at Oak Park’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oak Park is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 25.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $239K home, about $3,200 a year.
Taxes vs. neighborsSchools
The schools grade for Oak Park, from test results, graduation and how much students grow.
Schools in Oak ParkTypical commute
The average one-way trip to work for people who live in Oak Park.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lathrup Village sells for less a square foot; Huntington Woods, Pleasant Ridge, Berkley, Ferndale and Royal Oak for far more
The busier markets within 25 miles of Oak Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Royal Oak | 1,197 | $371K | $253 | 35% | 25 |
| Ferndale | 450 | $273K | $225 | 35% | 26 |
| Oak Park | 304 | $239K | $172 | 35% | 27 |
| Berkley | 286 | $337K | $250 | 44% | 21 |
| Huntington Woods | 60 | $505K | $273 | 48% | 20 |
| Lathrup Village | 48 | $327K | $155 | 41% | 34 |
| Pleasant Ridge | 42 | $511K | $275 | 41% | 22 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Oak Park, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oak Park. People who follow the town see it, and so do people comparing Oak Park with their own town. No commission, no listing fee.
Questions about buying a home in Oak Park
What do homes sell for in Oak Park, MI?
304 homes sold in the year to September 2026 at a typical $239K, $172 a square foot.
Is Oak Park a buyer’s or seller’s market?
A seller’s market: 77 homes were for sale in September 2026 and 20 sold, about 3.9 months of supply. Buyers paid 99.1% of asking on average.
When is the best time to buy in Oak Park?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Oak Park?
About 1.3% of a home’s value a year. On a $239K home that’s near $3,200.
Where can I see homes for sale in Oak Park?
Zillow, Redfin, Realtor.com and Homes.com all carry Oak Park’s MLS listings; the search links above open each one filtered to Oak Park.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).