Market Intelligence · IL / Oak Park

Oak Park, IL 60302 Housing Market

The typical home value in Oak Park, IL 60302 is $471,887, up 10.7% over the past year as of August 2026. Homes on the market carried a median list price of $372,475 in September 2026, with a median of 25 days on market.

Updated September 2026Median value$465K

The median home value in Oak Park, IL 60302 is $465K as of September 2026, up 10.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 60302 range

$428K to $503K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+10.3% over 12 months

Sep 2025$422K

Low $422KHigh $465K

Sep 2026$465K

The numbers

What is the 60302 housing market like?

As of September 2026

Typical home value

$465K

10.3%YoY

Median list price

$372K

0.7%MoM

Days on market

21.9%MoM

Homes for sale

3.8%MoM

Price cuts

18.4%

80.5%MoM

New listings

15.0%MoM

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

The outlook

60302 housing market forecast 2027

+2.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60302 to rise 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in 60302 rose 10.3%, per the Zillow Home Value Index.

Will home prices drop in 60302?

Zillow's forecast does not call for a drop: it expects typical home values in 60302 to rise 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 60302 home prices compare?

60302$465,449
Oak Park$465,449
Illinois$194,737
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Oak Park: 3 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

Oak Park's 60302 ZIP had 55 homes for sale in September 2026, with 34 new listings coming to market that month. Homes moved at a steady clip, spending a median of 25 days on market. At the same time, 18.4% of listings took a price cut. That sits against a market where the typical home value has climbed 10.7% over the past year as of August 2026. For sellers, values are clearly rising, but a meaningful share of listings still had to adjust their asking price to find a buyer.

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Common questions

What people ask us.

How much is a home in 60302 worth?

The typical home value in Oak Park, IL 60302 is $471,887, up 10.7% over the past year as of August 2026. The median list price was $372,475 in September 2026.

How fast do homes sell in 60302?

Homes spent a median of 25 days on market in September 2026. That figure reflects the listings active in Oak Park that month.

How many homes are for sale in 60302?

There were 55 homes for sale in September 2026, including 34 new listings that hit the market that month.

Discover

Nearby ZIP markets.

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