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Gunderson Historic District Maple Park Oak Park Arts District (Harrison Arts District) Rehm Park

OAK PARK, IL 60304

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60304

Gunderson Historic District · Maple Park · Oak Park Arts District (Harrison Arts District) · Rehm Park

Market Analysis

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

The OAK PARK, IL real estate market (60304) currently shows 29 active listings, with 19 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

The median listing price has fallen 8.7% year-over-year, from $498,000 to $454,900.

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: 17,564  ·  Density: 4,376.3/mi²  ·  Median household income: $130,290

Typical home value: $441,889  ·  Homeownership: 72.1%

Market Overview

Active Listings
29
vs 29 last year
Pending
19
66% pending ratio
Median Price
$454,900
⇩ 8.7% vs $498,000 last year
Average Price
$526,427
⇩ 3.1% vs $543,332 last year
Days on Market
33
vs 33 days last year

Price Per Square Foot

Median $/sqft
$262
⇩ 12.1% vs $298/sqft last year
Median Home Size
1,581 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 33 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $454,900 (-8.7% YoY)
  • Average: $526,427 (-3.1% 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 5.4 miles — 616 listings ($228,222,366 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60304Oak Park, IL 603040.0 mi22$11,480,700$414,000$521,850
60130Forest Park, IL 601301.5 mi39$12,709,944$269,900$325,896
60644Chicago, IL 606441.7 mi33$9,404,505$309,275$284,985
60804Cicero, IL 608042.7 mi68$20,828,536$304,000$306,302
60153Maywood, IL 601532.9 mi56$17,845,408$330,000$318,668
60651Chicago, IL 606513.2 mi67$25,753,862$371,950$384,386
60707Elmwood Park, IL 607073.5 mi73$27,075,554$350,000$370,898
60639Chicago, IL 606393.7 mi33$13,268,673$399,900$402,081
60160Melrose Park, IL 601604.3 mi16$5,754,768$344,900$359,673
60171River Grove, IL 601714.4 mi27$9,750,483$399,000$361,129
60104Bellwood, IL 601044.5 mi57$15,700,707$289,900$275,451
60634Chicago, IL 606345.2 mi91$45,935,708$487,500$504,788
60154Westchester, IL 601545.4 mi34$12,713,518$375,000$373,927

Frequently Asked Questions

How many homes are for sale in OAK PARK, IL 60304?

As of February 2026, there are 29 active listings in OAK PARK, IL (zip code 60304), compared to 29 the prior year.

What is the median home price in OAK PARK, IL 60304?

The median listing price in OAK PARK, IL 60304 is $454,900 as of February 2026, a 8.7% decrease from $498,000 the prior year.

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

Homes in OAK PARK, IL 60304 spend an average of 33 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in OAK PARK, IL 60304?

Based on current inventory and days-on-market data as of February 2026, OAK PARK, IL 60304 is currently a Balanced Market. Inventory levels are unchanged compared to 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 60304 save an estimated $9,098 compared to a typical 5% commission on the median listing price of $454,900. 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.