Oak Park Real Estate
46 active listings · 305 sold in the past 12mo
$225,000
Median List Price
305
Sold (past 12mo)
55
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(46)
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For Sale
1/25
$3,150,000
22020 Dante Street, Oak Park, MI 48237
0.12 ac
Multi-Fam
For Sale
1/29
$3,150,000
22020 Sunset Boulevard, Oak Park, MI 48237
0.12 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
1/44
$525,000
8431 Kenberton Drive, Oak Park, MI 48237
3 bd3 ba2,208 sqft0.21 ac
Single Family
For Sale
1/53
$465,000
14271 Lincoln Street, Oak Park, MI 48237
3 bd3 ba3,256 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
1/5
$369,000
26231-26235 Coolidge Highway, Oak Park, MI 48237
0.14 ac
Multi-Fam
For Sale
1/41
$359,900
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
1/17
$328,000
23181 Parklawn Street, Oak Park, MI 48237
3 bd3 ba2,390 sqft0.17 ac
Single Family
For Sale
1/53
$324,900
24300 Seneca Street, Oak Park, MI 48237
3 bd2 ba2,231 sqft0.17 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
1/4
$279,900
23540 Majestic, Oak Park, MI 48237
3 bd2 ba1,218 sqft0.19 ac
Single Family
For Sale
1/28
$275,000
13680 Borgman Street, Oak Park, MI 48237
3 bd1 ba1,357 sqft0.12 ac
Single Family
For Sale
1/43
$270,000
14000 Wales Street, Oak Park, MI 48237
3 bd2 ba1,716 sqft0.41 ac
Single Family
For Sale
1/41
$269,000
21901 Harding Street, Oak Park, MI 48237
3 bd2 ba1,498 sqft0.14 ac
Single Family
Coming Soon
1/40
$259,900
21681 Sussex Street, Oak Park, MI 48237
3 bd2 ba2,207 sqft0.14 ac
Single Family
For Sale
1/22
$239,999
24221 Cloverlawn Street, Oak Park, MI 48237
3 bd1 ba1,128 sqft0.18 ac
Single Family
For Sale
1/21
$234,900
21741 Church Street, Oak Park, MI 48237
3 bd2 ba1,030 sqft0.15 ac
Single Family
For Sale
1/34
$234,900
21171 Westhampton Street, Oak Park, MI 48237
3 bd1 ba2,069 sqft0.25 ac
Single Family
Coming Soon
1/37
$230,000
24210 Beverly Street, Oak Park, MI 48237
3 bd2 ba2,196 sqft0.15 ac
Single Family
Coming Soon
1/32
$230,000
23520 Marlow Street, Oak Park, MI 48237
3 bd2 ba2,069 sqft0.13 ac
Single Family
For Sale
1/15
$220,000
23750 Wildwood Street, Oak Park, MI 48237
3 bd2 ba2,300 sqft0.13 ac
Single Family
Recently Sold(305)
Frequently Asked Questions about Oak Park
Are there homes available in Oak Park right now?
There are currently 46 active listings in Oak Park. The median asking price is $225,000.
How much do homes cost in Oak Park?
Based on 305 sales in the past year, homes in Oak Park have a median price of $225,000.
How long do homes stay on the market in Oak Park?
Over the past year, homes in Oak Park spent an average of 55 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 1.8 months of inventory, Oak Park is currently a seller's market. This is based on 46 active listings and 305 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.