How much do homes in Oak Park, MI cost?

Median List Price

$180,000

Based on all homes listed in the last 12 months.

Difference Since July 2020

+$24,999(+16.1%)

Key Takeaway

The list price of homes in Oak Park has increased by 16.1% since last year.

Housing Market Conditions

Sign Up For Free to View Housing Market Conditions

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Oak Park, MI market.

Median List Price By Bedroom Count

# BEDSJul 2020Jul 2021%
1 --N/A
2 $109.9K$116K+5.6%
3 $154.9K$179.9K+16.1%
4 $199.9K$250K+25.1%
5+ $187.4K$199.9K+6.6%

Median List Price Compared To Nearby Cities

Royal Oak Charter Township
+33.6%
Oak Park
+16.1%
Huntington Woods
+12.1%
Berkley
+5.8%
Pleasant Ridge
+4.8%

How many homes are available in Oak Park, MI?

Number of Homes For Sale

Jun 2021Jul 2021%
7179+11.3%

Homes For Sale By Bedroom Count

# BEDSJun 2021Jul 2021%
1 000.0%
2 1110-9.1%
3 5258+11.5%
4 811+37.5%
5+ 000.0%

Asking Price vs. Sold Price

Sign Up For Free to View Asking Price vs. Sold Price

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Oak Park, MI market.

Average Listing Age

Jul 2020Jul 2021%
89 Days37 Days-58.7%

Breakdown of Home Sale Times

Sign Up For Free to View Breakdown of Home Sale Times

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Oak Park, MI market.

About Oak Park, MI

Oak Park, MI has 79 homes on the market. The number of listings in Oak Park, MI increased by 11.3% between June 2021 and July 2021. In July 2021 median list price was $180,000 and the average listing age was 37 days. This housing market listing prices have changed between June 2021 and July 2021: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 5.6%, prices of 3 bedrooms properties went up by 16.1%, prices of 4 bedrooms properties went up by 25.1%, prices of 5 bedrooms properties increased by 6.6%. This housing market inventory have changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 9.1%, volume of 3 bedrooms homes went up by 11.5%, the quantity of 4 bedrooms homes went up by 37.5%, the quantity of 5 bedrooms homes have not changed. Over 19 listings were sold over their listed price in July 2021 in Oak Park, MI. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price.

Related Neighborhood Trend Reports