Call or Text (240) SELL-123
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  ·  Cook County
Seller's Market
March 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 March 2026. Source: Realtor.com.

The OAK PARK, IL real estate market (60302) currently shows 89 active listings, with 44 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 22 days on market compared to 32 days last year.

The median listing price has fallen 14.8% year-over-year, from $425,000 to $361,975.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for OAK PARK, IL 60302 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
89
⇩ 8.2% vs 97 last year
Pending
44
49% pending ratio
Median Price
$361,975
⇩ 14.8% vs $425,000 last year
Average Price
$480,159
⇩ 2.4% vs $491,767 last year
Days on Market
22
⇩ 31.3% vs 32 days last year

Price Per Square Foot

Median $/sqft
$264
⇧ 3.9% vs $254/sqft last year
Median Home Size
1,388 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 89 this year vs 97 last year
  • Days on market: 22 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $361,975 (-14.8% YoY)
  • Average: $480,159 (-2.4% 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 — 687 listings ($299,531,386 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60302Oak Park, IL 603020.0 mi65$31,298,475$394,450$481,515
60305River Forest, IL 603051.5 mi36$23,806,080$398,500$661,280
60644Chicago, IL 606441.9 mi36$11,090,772$352,450$308,077
60130Forest Park, IL 601302.4 mi40$11,166,560$196,975$279,164
60651Chicago, IL 606512.6 mi64$22,931,840$357,500$358,310
60171River Grove, IL 601713.3 mi28$9,931,096$356,750$354,682
60634Chicago, IL 606343.7 mi104$53,254,864$487,500$512,066
60804Cicero, IL 608044.1 mi67$20,478,148$301,950$305,644
60546Riverside, IL 605464.2 mi31$19,360,740$439,900$624,540
60402Berwyn, IL 604024.3 mi119$40,751,550$334,850$342,450
60165Stone Park, IL 601654.7 mi6$2,474,442$407,400$412,407
60623Chicago, IL 606234.9 mi17$5,163,801$323,675$303,753
60612Chicago, IL 606125.3 mi74$47,823,018$452,000$646,257

Frequently Asked Questions

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

As of March 2026, there are 89 active listings in OAK PARK, IL (zip code 60302), compared to 97 the prior year.

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

The median listing price in OAK PARK, IL 60302 is $361,975 as of March 2026, a 14.8% decrease from $425,000 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 22 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 March 2026, OAK PARK, IL 60302 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 22 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 $7,240 compared to a typical 5% commission on the median listing price of $361,975. 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.