Oak Park Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Oak Park home sales for the month of February rose in volume by 27% when compared to last year, while the median sale price rose by 14.8% from $270,000 to $310,000. The number of Single Family homes sales rose by 44.4%, while the median sale price decreased by 23.5% from $513,000 to $392,500. Condo/townhome sales rose by 10.5%, while the median sale price decreased by 14.6% from $178,000 to $152,000.

» View homes for sale in Oak Park   » View all recent sales in Oak Park

Median Sale Prices for Oak Park

325k
416k
189k
270k
360k
366k
332k
337k
367k
330k
289k
377k
355k
292k
253k
310k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Oak Park

53
37
22
37
55
69
86
80
83
85
49
47
45
66
50
47
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Oak Park

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 37 47 +27% 64 99 +54.7%
(Single Family) 18 26 +44.4% 25 55 +120%
(Condos/Townhomes) 19 21 +10.5% 39 44 +12.8%
Median Sale Price $270,000 $310,000 +14.8% $247,500 $288,000 +16.4%
(Single Family) $513,000 $392,500 -23.5% $427,500 $395,000 -7.6%
(Condos/Townhomes) $178,000 $152,000 -14.6% $178,000 $150,500 -15.4%
Days on Market 56 48 -14.3% 58 40 -31%
(Single Family) 69 37 -46.7% 77 40 -48.1%
(Condos/Townhomes) 45 82 +82.2% 45 40 -12.2%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Oak Park? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Oak Park?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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