Oak Park Real Estate Market

Oak Park Market

The median sale price for homes in Oak Park over the last 12 months is $65,000.


The median mortgage debt is $148,125.

Additional Statistics for Single Family Homes and Condos in Oak Park, MI
$57,260
Median Listing Price
40
Median Days on Market
122
Active Listings
48.4%
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 $58,500. The list prices dropped by -0.67% from the previous month.

The price per square foot for listings in this area is $48.

The median sale price in December for single family homes is $42,750. The sale prices dropped by -32.7% from the previous month.

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Oak Park, MI Market Inventory Trends

The number of active listings in Oak Park increased by 7.2% from the previous month.

The median number of days active properties have been listed is 41. This is significantly shorter than the national average.

The number of sales in December dropped by 47.4% from the previous month.

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Oak Park, MI Property Ownership

The percent of rental properties in Oak Park is 12.21% above the national average which is typical for urban areas.

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