How much does it cost to buy a house in Oak Park, MI?

In May 2026 Oak Park homes were listed to buy for a median price of $234K, The median value of a home listed to buy in Oak Park in May 2026 was $165 per sqft, which is a 1% decrease to April 2025 last month, and same as May 2025 last year.

Is it affordable or expensive to live in Oak Park, MI?

It is affordable to live in Oak Park. Buying a home in Oak Park is 1% less expensive compared with the national average.

Are home prices dropping in Oak Park, MI?

Home price are dropping in Oak Park, in May 2026, homes to buy in Oak Park have same in median list price by 2% compared with April 2026, one month ago.

Is the Oak Park, MI housing market slowing down?

In May 2026, homes to buy in Oak Park spent an median 28 days on the market, a same May 2025 last year.

What are the best and safest places to live in Oak Park, MI?

The best and safest neighborhoods to live in Oak Park in May 2026 are Indian Village, Corktown, Brush Park, Downtown Royal Oak, Detroit Golf, Palmer Park, Green Acres, University District, Ford Historic Homes, Downtown Detroit, North Rosedale Park, Rosedale Park, Russell Woods, East English Village, Pembroke, Eight Mile Wyoming, Greenfield, Grandmont, Warrendale, Brightmoor

How much money should I make to buy a house in Oak Park, MI?

In May 2026, Oak Park homes were listed to buy for a median price of $234K, with 25% down you would need $1.49K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $51.3K.