
Oak Park, IL Housing Market
$486,880
10.7% 1-yrThe average Oak Park, IL home value is $486,880, up 10.7% over the past year, and homes go to pending in around 12 days. (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: $486,880
1-Year Value Change: +10.7%
(Data through August 31, 2026)
Oak Park Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Oak Park
- NameMedian ZHVI
- South Austin$235,484
- Galewood$350,834
- North Austin$296,790
- West Garfield Park$206,932
- Montclare$349,860
- West Humboldt Park$275,992
- Belmont Central$362,611
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Oak Park Rental Market Trends
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 current home values in Oak Park, IL?
The median home value in Oak Park, IL is $486,880 as of August 2026. This represents a 0.8% increase compared to last month and a 10.7% increase year-over-year.
How have home values changed in Oak Park, IL?
Home values in Oak Park, IL have increased by 0.8% month-over-month and 10.7% year-over-year.
How do home values in Oak Park, IL compare to Cook County, Illinois, and the national average?
The median home value in Oak Park, IL ($486,880) compares to: Cook County ($341,570), Illinois ($297,573), and the U.S. national median ($368,697).


