Market Intelligence · IL / Oak Park

Oak Park, IL 60304 Housing Market

The typical home value in Oak Park, IL 60304 is $504,990, up 10.3% over the past year. The median list price stands at $561,250, with homes selling in a median of 25 days on market.

Updated September 2026Median value$505K

The median home value in Oak Park, IL 60304 is $505K as of September 2026, up 10.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 60304 range

$465K to $545K

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$458K

Low $458KHigh $505K

Sep 2026$505K

The numbers

What is the 60304 housing market like?

As of September 2026

Typical home value

$505K

10.3%YoY

Median list price

$561K

2.6%MoM

Days on market

47.1%MoM

Homes for sale

18.2%MoM

Price cuts

0.0%

New listings

20.0%MoM

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

The outlook

60304 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60304 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 60304 rose 10.3%, per the Zillow Home Value Index.

Will home prices drop in 60304?

Zillow's forecast does not call for a drop: it expects typical home values in 60304 to rise 2.8% 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 60304 home prices compare?

60304$504,990
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 has 13 homes for sale and 16 new listings as of September 2026. The median list price of $561,250 sits above the typical home value, which has appreciated 10.3% year over year. With a median time on market of 25 days, homes are moving at a steady pace. No listings carry price reductions, suggesting sellers are confident in their asking prices. For sellers, the strong value appreciation and stable market conditions offer a favorable window to list.

Monthly payment

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Home price

Down payment20% · $100,998

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Common questions

What people ask us.

What is the typical home value in 60304?

The typical home value in Oak Park is $504,990, which has increased 10.3% over the past year.

How long do homes typically stay on the market here?

Homes in 60304 have a median days on market of 25.

How many homes are currently for sale in Oak Park?

There are 13 homes for sale as of September 2026, with 16 new listings in that same period.

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Nearby ZIP markets.

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