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Zip 60302 (Oak Park, IL) Housing


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United States / / / Oak Park (zip 60302)
Housing in 60302 Oak Park, IL is quite expensive compared to the US median value of $338,100. The median value of housing in this area is $401,900 and has seen an appreciation rate of 4.7% over the past year. This appreciation rate is lower than the national average which currently stands at 8.27%. Despite the lower appreciation rate, Oak Park remains one of the most expensive markets for housing in the United States with a median home value significantly higher than other areas around the country.

The median home cost in Oak Park (zip 60302) is $401,900. Home appreciation the last 10 years has been 41.4%. Home Appreciation in Oak Park (zip 60302) is up 10.6%.

Average Age of Homes
- The median age of Oak Park (zip 60302) real estate is 78 years old
The Rental Market in Oak Park (zip 60302)
- Renters make up 38.9% of the Oak Park (zip 60302) population
- 2.9% of houses and apartments in Oak Park (zip 60302), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingOak Park, IllinoisUnited States
  15,376.0139,647,020.0
  6142
  $401,900$338,100
  10.6%16.6%
  19.4%57.0%
  41.4%101.1%
  $20.96$10.98
  $10,001$2,690
  55.2%57.4%
  6.5%11.2%
  38.3%31.4%
  Vacant Housing
  2.9%1.9%
  0.0%0.4%
  0.4%0.7%
  0.4%0.4%
  0.4%3.6%
  2.5%4.1%
  Value of Owner-Occupied Housing
  0.1%2.6%
  0.6%2.4%
  0.1%2.8%
  2.1%3.9%
  2.1%4.5%
  8.2%11.3%
  9.4%13.0%
  11.1%20.1%
  13.4%13.6%
  13.4%8.3%
  26.2%9.7%
  9.5%3.9%
  2.4%2.2%
  0.7%0.8%
  0.5%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  3.1%13.6%
  3.1%13.6%
  2.0%13.6%
  2.0%13.2%
  9.1%14.8%
  2.0%13.6%
  8.0%10.0%
  5.1%4.7%
  57.4%12.2%
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