Oak Park Real Estate
58 active listings · 304 sold in the past 12mo
$237,450
Median List Price
304
Sold (past 12mo)
56
Avg Days on Market
+3.6%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Oak Park Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Oak Park and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(58)
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For Sale
1/29
$3,150,000
22020 Sunset Boulevard, Oak Park, MI 48237
Built 19540.12 ac
Multi-Fam
For Sale
1/25
$3,150,000
22020 Dante Street, Oak Park, MI 48237
Built 19540.12 ac
Multi-Fam
For Sale
1/3
$600,000
15201 Marlow Street, Oak Park, MI 48237
4 bd3 ba2,325 sqft0.14 ac
Single Family
Coming Soon
1/38
$475,000
23070 Meadowlark Street, Oak Park, MI 48237
4 bd3 ba2,742 sqft0.19 ac
Single Family
For Sale
1/32
$450,000
26061 Marlowe Place, Oak Park, MI 48237
4 bd3 ba2,127 sqft0.14 ac
Single Family
For Sale
1/29
$423,000
26040 Marlowe Place, Oak Park, MI 48237
4 bd4 ba2,641 sqft0.14 ac
Single Family
For Sale
1/25
$399,000
14631 Labelle Street, Oak Park, MI 48237
4 bd2 ba1,498 sqft0.13 ac
Single Family
For Sale
1/5
$369,000
26231-26235 Coolidge Highway, Oak Park, MI 48237
Built 19520.14 ac
Multi-Fam
For Sale
1/41
$349,900
15241 Pearson Street, Oak Park, MI 48237
4 bd2 ba2,817 sqft0.14 ac
Single Family
For Sale
1/32
$339,000
13631 Labelle Street, Oak Park, MI 48237
3 bd3 ba2,000 sqft0.13 ac
Single Family
For Sale
1/10
$330,000
24660 Manistee Street, Oak Park, MI 48237
4 bd3 ba2,188 sqft0.14 ac
Single Family
For Sale
1/36
$325,000
24641 Church Street, Oak Park, MI 48237
5 bd3 ba2,788 sqft0.15 ac
Single Family
For Sale
1/42
$324,900
13941 Pearson Street, Oak Park, MI 48237
3 bd3 ba2,180 sqft0.17 ac
Single Family
For Sale
1/40
$319,900
23821 Manistee Street, Oak Park, MI 48237
4 bd2 ba2,438 sqft0.16 ac
Single Family
Coming Soon
1/38
$315,000
13441 Oak Park Boulevard, Oak Park, MI 48237
3 bd2 ba1,553 sqft0.23 ac
Single Family
For Sale
1/17
$310,000
23181 Parklawn Street, Oak Park, MI 48237
3 bd3 ba2,390 sqft0.17 ac
Single Family
For Sale
1/33
$309,000
14421 Rosemary Boulevard, Oak Park, MI 48237
3 bd2 ba2,128 sqft0.14 ac
Single Family
For Sale
1/22
$300,000
21741 Kenosha Street, Oak Park, MI 48237
3 bd3 ba1,372 sqft0.17 ac
Single Family
For Sale
1/25
$299,900
23700 Marlow Street, Oak Park, MI 48237
3 bd3 ba2,484 sqft0.20 ac
Single Family
For Sale
1/27
$299,900
24231 Jerome Street, Oak Park, MI 48237
3 bd3 ba3,054 sqft0.14 ac
Single Family
Coming Soon
1/55
$290,000
24310 Manistee Street, Oak Park, MI 48237
4 bd3 ba2,070 sqft0.16 ac
Single Family
Under Contract
1/41
$279,900
23540 Majestic, Oak Park, MI 48237
3 bd2 ba1,218 sqft0.19 ac
Single Family
For Sale
1/13
$274,999
23091 SUSSEX Street, Oak Park, MI 48237
3 bd2 ba2,450 sqft0.13 ac
Single Family
For Sale
1/31
$270,000
24671 Kenosha Street, Oak Park, MI 48237
3 bd2 ba1,001 sqft0.16 ac
Single Family
Recently Sold(304)
Frequently Asked Questions about Oak Park
Are there homes available in Oak Park right now?
There are currently 58 active listings in Oak Park. The median asking price is $237,450.
How much do homes cost in Oak Park?
Based on 304 sales in the past year, homes in Oak Park have a median price of $237,450.
How long do homes stay on the market in Oak Park?
Over the past year, homes in Oak Park spent an average of 56 days on market before selling.
What schools are in Oak Park?
Oak Park is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Oak Park may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Oak Park?
With 2.3 months of inventory, Oak Park is currently a seller's market. This is based on 58 active listings and 304 sales in the past 12 months.
What are property taxes like in Oak Park?
Michigan property taxes in Oak Park are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Oak Park?
Per U.S. Census ACS data, Oak Park has a +3.6% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.5 to 2.31, while population declined 4.3%. This secondary indicator suggests demographic housing demand has remained relatively stable.