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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  ·  Cook County
Seller's Market
July 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 July 2026. Source: Realtor.com.

The OAK PARK, IL real estate market (60304) currently shows 28 active listings, with 16 pending sales. Homes are averaging 26 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 26 days on market compared to 35 days last year.

The median listing price has fallen 4% year-over-year, from $476,750 to $457,500.

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
28
⇩ 22.2% vs 36 last year
Pending
16
57% pending ratio
Median Price
$457,500
⇩ 4% vs $476,750 last year
Average Price
$463,175
⇩ 12.3% vs $527,953 last year
Days on Market
26
⇩ 25.7% vs 35 days last year

Price Per Square Foot

Median $/sqft
$301
⇧ 5.6% vs $285/sqft last year
Median Home Size
1,560 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 36 last year
  • Days on market: 26 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $457,500 (-4% YoY)
  • Average: $463,175 (-12.3% 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 — 643 listings ($235,871,607 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60304Oak Park, IL 603040.0 mi29$15,266,383$454,900$526,427
60130Forest Park, IL 601301.5 mi40$11,166,560$196,975$279,164
60644Chicago, IL 606441.7 mi36$11,090,772$352,450$308,077
60804Cicero, IL 608042.7 mi67$20,478,148$301,950$305,644
60153Maywood, IL 601532.9 mi54$18,669,042$349,925$345,723
60651Chicago, IL 606513.2 mi64$22,931,840$357,500$358,310
60707Elmwood Park, IL 607073.5 mi80$26,320,240$247,975$329,003
60639Chicago, IL 606393.7 mi30$11,268,150$397,250$375,605
60160Melrose Park, IL 601604.3 mi18$6,435,648$325,000$357,536
60171River Grove, IL 601714.4 mi28$9,931,096$356,750$354,682
60104Bellwood, IL 601044.5 mi57$15,040,248$284,500$263,864
60634Chicago, IL 606345.2 mi104$53,254,864$487,500$512,066
60154Westchester, IL 601545.4 mi36$14,018,616$388,850$389,406

Frequently Asked Questions

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

As of July 2026, there are 28 active listings in OAK PARK, IL (zip code 60304), compared to 36 the prior year.

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

The median listing price in OAK PARK, IL 60304 is $457,500 as of July 2026, a 4% decrease from $476,750 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 26 days on the market before going under contract, compared to 35 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 July 2026, OAK PARK, IL 60304 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 26 days on market compared to 35 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 60304 save an estimated $9,150 compared to a typical 5% commission on the median listing price of $457,500. 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.