The housing market in 60301 Oak Park, IL is slightly lower than the national average. The median value of homes in this area is $222,900 compared to the US median house value of $338,100. This past year, housing appreciation nationally has been 8.27% whereas the appreciation in 60301 Oak Park, IL has only been 4.70%. Despite the lower appreciation rate, 60301 Oak Park, IL still offers an affordable option for people looking for a place to call home.
The median home cost in Oak Park (zip 60301) is $222,900. Home appreciation the last 10 years has been 41.4%. Home Appreciation in Oak Park (zip 60301) is up 10.6%.
Average Age of Homes
- The median age of Oak Park (zip 60301) real estate is 39 years old
The Rental Market in Oak Park (zip 60301)
- Renters make up 44.3% of the Oak Park (zip 60301) population
- 4.5% of houses and apartments in Oak Park (zip 60301), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.