Is Oak Park, IL 60302 a buyer’s or seller’s market?
Oak Park is a seller’s market. With about 1.9 months of supply and 53% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.9Under 4 months = seller’s market
Sold above original list53.4%Share of sales, last 3 months
Median sale-to-list103.7%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$287▲ +8.4% vs. last year
Run the numbers for 60302
Nearby markets
Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology