Why Live in Oak Park
Oak Park, a western suburb of Chicago, is known for its rich cultural history and architectural significance. The village, home to around 55,000 residents, boasts the largest collection of Frank Lloyd Wright-designed homes, including the Unity Temple, and is the birthplace of novelist Ernest Hemingway. Oak Park offers a blend of urban and suburban living, with easy commutes to major employers via Interstate 290 or CTA trains. The Oak Park Arts District, located in the southeast corner, features eclectic cafes, vintage shops, and over 25 galleries and studios along Harrison Street. Downtown Oak Park hosts more than 30 locally-owned eateries, the Classic Cinemas Lake Theatre, and annual events like Oaktoberfest and Home for the Holidays. Scoville Park serves as a community hub with free summer concerts and the A Day in Our Village festival. The Park District of Oak Park manages 18 parks, two outdoor pools, and the Paul Hruby Ice Arena. Oak Park Elementary School District 97 and Oak Park and River Forest High School, both highly rated, provide quality education. The village is bike-friendly, with designated bike lanes and access to the Grand Illinois Trail. Public transportation options include five CTA stations and a Metra station. Oak Park experiences all four seasons, with moderate air quality and crime rates on par with the national average.
Home Trends in Oak Park, IL
On average, homes in Oak Park, IL sell after 23 days on the market compared to the national average of 50 days. The median sale price for homes in Oak Park, IL over the last 12 months is $423,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$423,000
Median Single Family Sale Price
$643,000
Median Townhouse Sale Price
$470,650
Median 2 Bedroom Sale Price
$232,000
Median 1 Bedroom Sale Price
$158,000
Average Price Per Sq Ft
$274
Number of Homes for Sale
82
Last 12 months Home Sales
645
Median List Price
$425,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%