Current Price

$410,325

1 Month Forecast

â–² $451,679

1-Year Forecast *

â–² $463,930

5-Year Forecast *

â–² $523,900

"Is it a good time to buy homes in Oak Park?" "Does investing in real estate in Oak Park (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Oak Park is a good short-term (1-year) investment*. The Oak Park average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Oak Park" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Oak Park in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Oak Park can be a profitable property investment option. The median price of an average house in Oak Park was 410,325 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Oak Park" area is 523,900 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +27.68% meaning that investing 100000 USD today may yield a profit of 27,679 USD by 2031.

Current Median Listing Price: 410,325 USD Median Listing Price Per Square Foot: 228 USD

Oak Park Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Oak Park (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Oak Park Price Target

Oak Park median home price target in 12 months: $463,930* (upside of 13.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $436,482 $449,215 $436,482 $449,215
2024 $392,268 $410,325 $392,268 $410,325
2023 $379,776 $391,734 $377,596 $391,734
2022 $373,660 $381,836 $373,660 $387,554
2021 $354,863 $372,855 $354,863 $372,855
2020 $339,463 $351,107 $339,193 $351,107
2019 $347,976 $338,390 $338,390 $351,273
2018 $348,107 $347,832 $347,832 $356,378
2017 $336,148 $346,036 $336,148 $346,036
2016 $325,237 $333,059 $325,237 $333,059
2015 $310,357 $323,210 $310,357 $323,210
2014 $300,204 $309,886 $300,204 $309,886
2013 $268,870 $298,422 $268,870 $298,422
2012 $259,936 $266,652 $258,647 $266,652

Questions & Answers about the Oak Park Housing Market Forecast

How much does an average home cost in Oak Park today?

The value of an average home (the listing price) in Oak Park is $410,325 USD.

What is the average price per square foot in Oak Park?

According to Walletinvestor the median price per square foot in Oak Park is 228 USD.

Will the median listing price of homes in Oak Park grow / rise / go up?

Yes. The Oak Park home prices may rise from 410,325 USD to 463,930 USD in one year.

Is it profitable to invest in Oak Park homes?

Yes. The long-term profit potential is +13.06% in one year.

Will Oak Park house prices fall / drop?

No. See above.

What is the predicted price of a Oak Park home in 2030?

The predicted home sales price of a Oak Park home in 2030 in Oak Park is 501,507 USD.

What is the predicted price of a Oak Park home in 2035?

The predicted home sales price of a Oak Park home in 2035 in Oak Park is 590,642 USD.

Will real estate prices decrease in Oak Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Oak Park is the 1106. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Oak Park decreased, looking at the past 12 months.

According to Walletinvestor's Oak Park real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.594% to 410,325 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 12.904% in 2021
  • 11.574% in 2022
  • 11.884% in 2023
  • 12.494% in 2024
  • 13.824% in 2025
  • 14.084% in 2026

Based on our Oak Park real estate market research and report the predicted sales prices will increase by 241.386% in the next 10 years.

Over the last 12 months, the value of homes in Oak Park fluctuated: increasing 5 times .

Oak Park (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Oak Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 451679 421416 481941
September 2025 454155 417823 490488
October 2025 456645 432900 480391
November 2025 458697 418331 499062
December 2025 459902 426789 493015
Oak Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 460091 420983 499199
February 2026 459397 424024 494771
March 2026 459290 435407 483173
April 2026 459555 421871 497238
May 2026 460406 418048 502763
June 2026 461400 416644 506155
July 2026 463930 429599 498260
August 2026 466473 423558 509389
September 2026 469031 428695 509368
October 2026 471603 442835 500371
November 2026 473456 428004 518907
December 2026 474033 448435 499631
Oak Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 473283 446779 499787
February 2027 471496 447449 495542
March 2027 469715 424623 514808
April 2027 468751 439689 497814
May 2027 467906 438428 497385
June 2027 466139 420458 511821
July 2027 464379 435588 493171
August 2027 463828 422547 505109
September 2027 466281 431777 500786
October 2027 468838 429925 507752
November 2027 471409 434168 508650
December 2027 473937 435548 512326
Oak Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 476154 452346 499961
February 2028 477374 445867 508880
March 2028 478469 447368 509569
April 2028 479480 444957 514002
May 2028 480044 456042 504047
June 2028 480700 440802 520598
July 2028 483130 441098 525163
August 2028 485779 449346 522213
September 2028 488443 452787 524099
October 2028 491121 457234 525009
November 2028 492131 450300 533962
December 2028 491769 444560 538979
Oak Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 491136 445952 536321
February 2029 490817 452043 529592
March 2029 491399 454053 528746
April 2029 493348 453880 532815
May 2029 496053 448928 543178
June 2029 498773 462861 534684
July 2029 501507 454867 548148
August 2029 503966 466169 541763
September 2029 506387 470433 542340
October 2029 507710 460493 554928
November 2029 509495 478416 540574
December 2029 512289 468744 555833
Oak Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 515098 483677 546518
February 2030 517922 488400 547443
March 2030 520762 473372 568151
April 2030 523101 487007 559195
May 2030 524476 478322 570629
June 2030 524691 494259 555123
July 2030 523900 476225 571575
August 2030 523778 487113 560442
September 2030 524080 471672 576487
October 2030 525050 494597 555503
November 2030 526184 496191 556176
December 2030 529069 496796 561342
Oak Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 531970 485688 578251
February 2031 534887 481933 587840
March 2031 537819 495332 580307
April 2031 539932 498897 580967
May 2031 540591 505993 575188
June 2031 539735 497096 582374
July 2031 537697 484465 590929
August 2031 535667 493349 577984
September 2031 534567 483783 585351
October 2031 533604 501588 565620
November 2031 531589 498099 565079
December 2031 529581 496747 562416
Oak Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 528953 485050 572856
February 2032 531751 494528 568973
March 2032 534666 490289 579044
April 2032 537598 495128 580068
May 2032 540481 510755 570207
June 2032 543009 510429 575590
July 2032 544400 516091 572709

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.