Baird & Warner's Market Report
Oak Park, IL
Single-Family Homes
www.BairdWarner.com
Oak Park, IL
Fri Oct 09 2026
This week the median list price for Oak Park, IL is $752,000 with the market action index hovering around 71. This is less than last month's market action index of 77. Inventory has increased to 20.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $752,000 | |
| Median Price of New Listings | $524,900 | |
| Per Square Foot | $334 | |
| Average Days on Market | 46 | |
| Median Days on Market | 14 | |
| Price Decreased | 20% | |
| Price Increased | 0% | |
| Relisted | 10% | |
| Inventory | 20 | |
| Median Rent | ||
| Market Action | 71 | |
| Strong Seller's Market | ||
Click for more charts
Despite this week’s down tic, price trends have generally been moving up lately.
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 |
|---|---|---|---|---|---|---|---|---|
| $950,000 | 2,572 | - | 4 | 3.5 | 81 | 0 | 4 | 14 |
| $789,000 | 2,800 | - | 4 | 2.5 | 105 | 1 | 0 | 14 |
| $640,000 | 2,403 | - | 4 | 2.5 | 104 | 0 | 2 | 14 |
| $499,900 | 1,347 | - | 4 | 2 | 103 | 2 | 1 | 7 |