Oak Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $399,000
    4% ( $17,050 ) vs Jun 2015
  • Median Sales Price
    $340,500
    14% ( $40,500 ) vs Jun 2015
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 180
    Homes for Sale 198
    Recently Sold 236

Market Summary

There are currently 180 properties in Oak Park, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 198.

In July, the number of properties that received a foreclosure filing in Oak Park, IL was 45% lower than the previous month and 60% lower than the same time last year.

Home sales for June 2016 were up 54% compared with the previous month, and down 39% compared with a year ago. The median sales price of a non-distressed home was $340,500. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Oak Park, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $210,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $172,500 (Median Foreclosure Sales Price) $340,500 (Median Sales Price) $300,000 (Median Sales Price) $283,500 (Median Sales Price) $286,000 (Median Sales Price) $313,000 (Median Sales Price) $337,250 (Median Sales Price) $0 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $210,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $172,500 (Median Foreclosure Sales Price) $340,500 (Median Sales Price) $300,000 (Median Sales Price) $283,500 (Median Sales Price) $286,000 (Median Sales Price) $313,000 (Median Sales Price) $337,250 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
591
70.3
% (y-o-y)
$253,500
12.9
% (y-o-y)
71.5%
62.8
% (y-o-y)
Berwyn
33
47.6
% (y-o-y)
$216,000
26.1
% (y-o-y)
47.2%
34.1
% (y-o-y)
Cicero
25
28.6
% (y-o-y)
$135,750
4.5
% (y-o-y)
44.0%
31.1
% (y-o-y)
Elmwood Park
14
63.2
% (y-o-y)
$240,000
6.7
% (y-o-y)
42.7%
36.1
% (y-o-y)
Westchester
14
30.0
% (y-o-y)
$229,000
14.5
% (y-o-y)
32.3%
29.0
% (y-o-y)
Melrose Park
10
66.7
% (y-o-y)
$155,000
4.3
% (y-o-y)
29.0%
41.4
% (y-o-y)
Forest Park
8
38.5
% (y-o-y)
$245,000
38.8
% (y-o-y)
Data not available
Franklin Park
8
33.3
% (y-o-y)
$190,000
9.4
% (y-o-y)
31.6%
24.5
% (y-o-y)
Bellwood
7
69.6
% (y-o-y)
$127,000
12.9
% (y-o-y)
49.6%
55.6
% (y-o-y)
Maywood
6
75.0
% (y-o-y)
$120,000
72.0
% (y-o-y)
74.8%
35.5
% (y-o-y)

Local Info For Oak Park

Population:
51,426
Cost of Living Index: 122.51
Crime Index: 49.05     Rating: A- View crime details
Schools: 11    Average School Rating: A- View individual school rating
Household Median Income: $73,068
Unemployment: 5.20%
Percentage of vacant homes: 9.17%

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