Oak Park Real Estate Market

Oak Park Market

The median sale price for homes in Oak Park over the last 12 months is $50,000.


The median mortgage debt is $154,182.

Additional Statistics for Single Family Homes and Condos in Oak Park, MI
$59,900
Median Listing Price
29
Median Days on Market
87
Active Listings
32.2%
Distressed Listings
(foreclosures and short sales)
Oak Park, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Oak Park is $61,150. The list prices increased by 4.04% from the previous month.

The price per square foot for listings in this area is $53.

The median sale price in January for single family homes is $49,500. The sale prices increased by 41.27% from the previous month.

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Oak Park, MI Market Inventory Trends

The number of active listings in Oak Park increased by 1.2% from the previous month.

The median number of days active properties have been listed is 29. This is significantly shorter than the national average.

The number of sales increased by 266.7% from the previous month.

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Oak Park, MI Property Ownership

The percent of rental properties in Oak Park is 10.16% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.