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Oak Park, MI Real Estate Market Trends & Home Values

Foreclosures
Pre-foreclosures
Bank Owned
Auction
For Sale
Recently Sold

Oak Park, MI Market Overview

Real estate market trends reflect that there have been 464 transactions over the past year in Oak Park. The median value for residential home transactions that occurred over the previous year is $222,423. The number of current listings in Oak Park is 35, and the percentage of properties for sale in the city is 76.1%. Oak Park, MI currently has 11 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 35 properties for sale.
Active Residential Inventory
46
Total Inventory

Recently Sold Properties

272
Total Sales (Last 6 Months)
Foreclosures ( 11 )
23.9%
Pre-foreclosures ( 0 )
0%
Bank Owned ( 0 )
0%
Auctions ( 11 )
23.9%
For Sale ( 35 )
76.1%

Oak Park, MI Home Values

$222,423
Oak Park home values range from $27,456 to $856,818. The median estimated value of a home in Oak Park is $222,423. The median list price of a home is $225,000, and the total count of properties in the city is 9,804.

Oak Park, MI Real Estate Market Overview

Oak Park, MI Foreclosures Market Overview
Last 24 Hours
Zip Code Median Est. Value
48237
$240,180
$176.00/sqft

There is 1 zip code within Oak Park, MI; within this zip code, the median estimated home value for homes in foreclosure ranges from $303,261 in 48237 to the lowest value of $195,735 in 48237. Foreclosure homes account for 0.11% of properties in Oak Park, MI with 48237 containing 11 foreclosures, the highest number of foreclosure properties in a single zip code.

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Oak Park, MI

Oak Park, MI Pre-foreclosures Market Overview
Last 24 Hours
Oak Park, MI Bank Owned Market Overview
Last 24 Hours
Oak Park, MI Auction Market Overview
Last 24 Hours
Oak Park, MI For Sale Market Overview
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Oak Park, MI Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1. 48237

Nearby Cities Oak Park, MI

1.    Huntington Woods
2.    Pleasant Ridge
3.    Berkley
4.    Ferndale
5.    Royal Oak
6.    Hazel Park
7.    Southfield
8.    Madison Heights
9.    Highland Park
10.    Clawson
11.    Franklin
12.    Birmingham
13.    Hamtramck
14.    Center Line
15.    Redford
16.    Warren

Nearby Zip Codes Oak Park, MI

1.    48237
2.    48070
3.    48069
4.    48068
5.    48072
6.    48220
7.    48075
8.    48067
9.    48235
10.    48221
11.    48076
12.    48073
13.    48030
14.    48071
15.    48219
16.    48203
17.    48017
  • Real Estate Market Trends
  • Michigan
  • Oakland County
  • Oak Park
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