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The median home value in Oak Park, IL is $489,829 as of 2026-07-31, up 10.66% from a year earlier.
Median Home Value
$489,829
Year-over-Year
+10.66%
Population
51,306
Oak Park ranks #40 of 279 Illinois cities tracked here by median home value, and sits 53.5% above the state's city median of $319,026. It sits in Cook County, where the county-wide median is $344,339.
Median household income in Oak Park is $110,820, so the typical home value is about 4.4× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Oak Park police recorded a violent crime rate of 324 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 3,608 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Oak Park, that value is $489,829. That's up 10.66% from a year earlier. It is about 53.5% above the typical Illinois city tracked here.
Homes in Oak Park are more expensive than Cook County as a whole, where the median is $344,339 — a difference of about 42.3%.
Median household income here is $110,820, so the typical home value is about 4.4× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Oak Park police reported 324 violent crimes per 100,000 residents, covering a population of about 51,306. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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