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Market Intelligence · IL / Cook County

Oak Park, IL home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$465K1-yr changeUp10.3%

The typical home value in Oak Park, IL is $465K as of September 2026, up 10.3% from a year ago, based on the Zillow Home Value Index. In the typical Oak Park ZIP code, the median list price is $372K and homes spend a median of 25 days on market as of September 2026 (Realtor.com).

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The coverage

Oak Park, by the numbers.

Typical home valueZillow ZHVI, September 2026
$465K
1-yr changeMedian across Oak Park ZIPs
+10.3%
ZIP markets live4 tracked in Oak Park
3
County
Cook County

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12-month value trend

+10.3% over 12 months

Typical home value in Oak Park over the last 12 months: $422K in Sep 2025 to $465K in Sep 2026 (+10.3%).

Sep 2025$422K

Sep 2026$465K

Median Zillow home value index across Oak Park's ZIP codes.

Context

Oak Park's housing market is moving briskly. There are 73 homes for sale as of September 2026, with a median days on market of 25. The median list price stands at $372,475, while the typical home value in the city is $465,449, up 10.3% over the past year. New listings have remained steady at 50, and notably, 0.0% of listings have seen a price cut. For homeowners considering a sale, the combination of strong appreciation and quick market absorption suggests a favorable environment, though inventory is not abundant.

The numbers

What is the housing market like in Oak Park, IL?

Typical home value

$465K

Up10.3%YoY

Median list price

$372K

Days on market

25

Homes for sale

73

Price cuts

0.0%

New listings

50

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Oak Park's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Oak Park, IL home prices over time

Typical home values in Oak Park, IL are up 10.3% over the past year, from $422K in September 2025 to $465K in September 2026.

Typical home value in Oak Park, IL, September of each year
MonthTypical value1-yr change
September 2026$465,449+10.3%
September 2025$422,132No prior year

Typical value is the median Zillow Home Value Index across Oak Park ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Oak Park, IL a buyer's or seller's market?

Oak Park, IL leans toward a seller's market.

Homes are selling quickly and relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 25 days on market and 0% of listings with a price cut in the typical Oak Park ZIP code, and 50 new listings against 73 active listings across Oak Park, as of September 2026 (Realtor.com).

The outlook

Oak Park housing market forecast 2027

+2.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Oak Park ZIP codes, points to typical home values rising 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in Oak Park rose 10.3%, per the Zillow Home Value Index.

Will home prices drop in Oak Park?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Oak Park shows typical home values rising 2.4% by September 2027, after a 10.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Oak Park ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Oak Park?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Oak Park ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Oak Park, IL home prices.

What is a typical home worth in Oak Park?

The typical home value in Oak Park is $465,449 as of September 2026, reflecting a 10.3% increase over the past year.

How fast do homes sell in Oak Park?

Homes in Oak Park sell with a median days on market of 25 as of September 2026, indicating a relatively quick sales cycle.

How many homes are available to buy in Oak Park?

There are 73 homes for sale in Oak Park as of September 2026, with a median list price of $372,475.

Are home prices going up or down in Oak Park, IL?

Typical home values in Oak Park, IL are up 10.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Oak Park, IL a buyer's or seller's market?

Oak Park, IL leans toward a seller's market. Homes are selling quickly and relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 25 days on market and 0% of listings with a price cut in the typical Oak Park ZIP code, and 50 new listings against 73 active listings across Oak Park, as of September 2026 (Realtor.com).

Nearby markets

More Illinois housing markets.

The market is moving

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