Local Market Report

Oak Park, CA 91377

Single-Family Homes



Oak Park, CA 91377

Thu Dec 01 2022
This week the median list price for Oak Park, CA 91377 is $1,293,944 with the market action index hovering around 44. This is less than last month's market action index of 47. Inventory has held steady at or around 10. Click here to stay informed with the Oak Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Oak Park, CA 91377

Thu Dec 01 2022
This week the median list price for Oak Park, CA 91377 is $1,293,944 with the market action index hovering around 44. This is less than last month's market action index of 47. Inventory has held steady at or around 10. Click here to stay informed with the Oak Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Oak Park market.
Median List Price $1,293,944
Median Price of New Listings $1,199,900
Per Square Foot $587
Average Days on Market 109
Median Days on Market 123
Price Decreased 70%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,294,000 3,795 8,000 - 10,000 sqft 4 4 28 0 0 115
$1,874,999 2,974 0.25 - 0.5 acre 4 3.8 30 0 0 63
$1,288,888 2,571 6,500 - 8,000 sqft 4 2.5 52 1 1 147
$1,095,000 1,890 0 - 4,500 sqft 4 3 44 0 0 126