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Downtown Edmund F Burton Row Houses Francisco Terrace Frank Lloyd Wright Historic District Oak Park Historic District (Ridgeland Historic District) Ridgeland Samuel A Rothermel Houses Taylor Park

OAK PARK, IL 60302

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60302

Downtown · Edmund F Burton Row Houses · Francisco Terrace · Frank Lloyd Wright Historic District · Oak Park Historic District (Ridgeland Historic District) · Ridgeland · Samuel A Rothermel Houses · Taylor Park

Market Analysis

Data as of February 2026. Source: Realtor.com.

The OAK PARK, IL real estate market (60302) currently shows 65 active listings, with 38 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 26 days on market compared to 32 days last year.

The median listing price has fallen 15.1% year-over-year, from $464,644 to $394,450.

Whether you are buying or selling in OAK PARK, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 33,063  ·  Density: 4,319.4/mi²  ·  Median household income: $94,036

Typical home value: $444,441  ·  Homeownership: 59.9%

Market Overview

Active Listings
65
⇩ 16.7% vs 78 last year
Pending
38
58% pending ratio
Median Price
$394,450
⇩ 15.1% vs $464,644 last year
Average Price
$481,515
⇧ 0.8% vs $477,536 last year
Days on Market
26
⇩ 18.8% vs 32 days last year

Price Per Square Foot

Median $/sqft
$277
⇧ 9.9% vs $252/sqft last year
Median Home Size
1,290 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 78 last year
  • Days on market: 26 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $394,450 (-15.1% YoY)
  • Average: $481,515 (+0.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.3 miles — 640 listings ($264,848,368 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60302Oak Park, IL 603020.0 mi56$21,812,392$279,000$389,507
60305River Forest, IL 603051.5 mi31$18,943,046$376,000$611,066
60644Chicago, IL 606441.9 mi33$9,404,505$309,275$284,985
60130Forest Park, IL 601302.4 mi39$12,709,944$269,900$325,896
60651Chicago, IL 606512.6 mi67$25,753,862$371,950$384,386
60171River Grove, IL 601713.3 mi27$9,750,483$399,000$361,129
60634Chicago, IL 606343.7 mi91$45,935,708$487,500$504,788
60804Cicero, IL 608044.1 mi68$20,828,536$304,000$306,302
60546Riverside, IL 605464.2 mi24$12,298,800$461,850$512,450
60402Berwyn, IL 604024.3 mi116$40,885,360$329,950$352,460
60165Stone Park, IL 601654.7 mi5$1,880,000$364,000$376,000
60623Chicago, IL 606234.9 mi15$4,259,580$293,000$283,972
60612Chicago, IL 606125.3 mi68$40,386,152$447,450$593,914

Frequently Asked Questions

How many homes are for sale in OAK PARK, IL 60302?

As of February 2026, there are 65 active listings in OAK PARK, IL (zip code 60302), compared to 78 the prior year.

What is the median home price in OAK PARK, IL 60302?

The median listing price in OAK PARK, IL 60302 is $394,450 as of February 2026, a 15.1% decrease from $464,644 the prior year.

How long do homes stay on the market in OAK PARK, IL?

Homes in OAK PARK, IL 60302 spend an average of 26 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in OAK PARK, IL 60302?

Based on current inventory and days-on-market data as of February 2026, OAK PARK, IL 60302 is currently a Seller's Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 26 days on market compared to 32 days last year.

How much can I save on real estate commission in OAK PARK, IL?

With SELL123.com's maximum 3% commission, sellers in OAK PARK, IL 60302 save an estimated $7,889 compared to a typical 5% commission on the median listing price of $394,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.