Housing in Oak Park, Michigan
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Housing - Updated September, 2011
| Median Home Age | 54 | 35.1 |
| Median Home Cost | $133,700 | $175,100 |
| Home Appreciation | -3.66% | -3.15% |
| Homes Owned | 72.99% | 59.90% |
| Housing Vacant | 3.54% | 10.37% |
| Homes Rented | 23.47% | 29.73% |
| Property Tax Rate | $13.73 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.14% | 2.65% |
| $20,000 to $39,999 | 1.15% | 3.76% |
| $40,000 to $59,999 | 3.50% | 4.99% |
| $60,000 to $79,999 | 5.97% | 6.01% |
| $80,000 to $99,999 | 11.27% | 7.27% |
| $100,000 to $149,999 | 51.84% | 19.24% |
| $150,000 to $199,999 | 21.24% | 14.67% |
| $200,000 to $299,999 | 4.34% | 18.09% |
| $300,000 to $399,999 | 0.35% | 9.14% |
| $400,000 to $499,999 | 0.19% | 4.94% |
| $500,000 to $749,999 | 0.02% | 5.42% |
| $750,000 to $999,999 | 0.00% | 2.03% |
| $1,000,000 or more | 0.00% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 2.81% | 13.71% |
| 1995 to 1998 | 0.77% | 8.54% |
| 1990 to 1994 | 0.60% | 5.77% |
| 1980 to 1989 | 2.66% | 13.87% |
| 1970 to 1979 | 5.70% | 16.17% |
| 1960 to 1969 | 16.00% | 11.70% |
| 1950 to 1959 | 55.17% | 11.08% |
| 1940 to 1949 | 13.04% | 6.02% |
| 1939 or Earlier | 3.25% | 13.15% |
The median home value in Oak Park, MI, is $133,700. Home appreciation is -3.66% over the last year. The median age of Oak Park, MI, real estate is 54 years.
Oak Park, MI Apartments and Rentals
Renters make up 23.47% of the Oak Park, MI, population. 3.54% of houses and apartments in Oak Park, MI, are unoccupied (vacancy rate).
Oak Park Housing SperlingViews
Unimpressive: Every day I think about living somewhere... (read more)Oak Park : I was raised in Oak Park, Michigan and the quality of life there was pretty good. Had a nice park, ice skating rink, public swimming pool,... (read more)Going down hill: We lived in Oak Park for 6 years. In that time it went from an up-and-coming neighborhood like Ferndale or Royal Oak to a pit. This place has gone so down hill in the... (read more)Have an opinion about Oak Park? Leave a commentTo See All SperlingViews for Oak Park Click Here
