$1,725
- 2 bd
- 1 ba
- 850 sqft
8435 N Milwaukee Ave APT 1W
Oak Park, IL Housing Market
$477,190
9.5% 1-yrThe average Oak Park, IL home value is $477,190, up 9.5% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Oak Park Key Takeaways
Typical Home Values: $477,190
1-Year Value Change: +9.5%
(Data through September 30, 2026)
Oak Park Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: --
New Listings: --
Median Sale to List Ratio: --
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Median List Price: --
Percent of Sales Over List Price: --
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(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Washington Park$403,194
- The Terrace$445,835
- Oakton Manor$424,651
- Grennan Heights$426,158
- Chesterfield Gardens$396,207
- Ballard Terrace$372,259
- Emerson Place$523,157
- Courtland Park$373,629
- Ransom Ridge$523,319
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Oak Park Rental Market Trends
Average Rent: --
National Average Rent: $1,932 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Niles, IL?
The neighborhoods with the highest median home values in Niles, IL include: Golden Acres ($532,487), Ransom Ridge ($523,319), Emerson Place ($523,157), Oak Park ($477,190), Jonquil Terrace ($468,499).
What are the most affordable neighborhoods in Niles, IL?
The neighborhoods with the lowest median home values in Niles, IL include: Ballard Terrace ($372,259), Courtland Park ($373,629), Lawrence Gardens ($390,378), Chesterfield Gardens ($396,207), Washington Park ($403,194).
Which Niles, IL neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Niles, IL include: O'Shanter Estates (13.6%), Jonquil Terrace (9.7%), Oak Park (9.5%), Washington Park (8.8%), Courtland Park (8.6%).
