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Oak Park, MI Real Estate & Property Data

Oak Park Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Oak Park, MI 48237. ATTOM’s Oak Park real estate data is updated daily, and current market trends show that in Oak Park, MI a total of 395 residential properties have sold over the past year. With a median home price of $234,500 in Oak Park and a total of 4 foreclosures. Get detailed property data for Oak Park, MI instantly. ATTOM is your one-stop-shop for the Oak Park property reports and real estate data you need in Oak Park, MI.

Oak Park Real Estate Market Trends

Get property data for any address in Oak Park, MI or the country:

Total Residential Properties 9,796

Total Commercial Properties 395

Avg. Home Age (Single Family Home) 72 Years

Avg. Square Feet (Single Family Home) 1,290

Total 2025 Residential Sales (year-to-date) 60

% of Homes Seriously Underwater (Q2 2025) 1.11%

Total 2024 Residential Sales 362

% of Equity Rich Homes (Q2 2025) 40.55%

Effective 2024 Property Tax 1.23%

Total Foreclosure Filings (year-to-date) 10

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Oak Park, MI 48237 Real Estate Overview

There were 395 residential properties sold in the past year in Oak Park, MI 48237. The median home value in Oak Park, MI 48237 is $231,053. There are a total of 9,796 residential properties in the 48237.

Median Sales Price i

$234,500

(Feb 2025)

+17.3%

year-over-year

y-o-y

February '25 Feb '25 $234,500
January '25 Jan '25 $223,100
December '24 Dec '24 $240,000
November '24 Nov '24 $240,000
October '24 Oct '24 $250,500
September '24 Sep '24 $223,500
August '24 Aug '24 $245,000
July '24 Jul '24 $234,500
June '24 Jun '24 $233,100
May '24 May '24 $232,000
April '24 Apr '24 $238,500
March '24 Mar '24 $235,000

Median Down Payment i

$8,400

(Feb 2025)

-21.3%

year-over-year

y-o-y

February '25 Feb '25 $8,400
January '25 Jan '25 $31,600
December '24 Dec '24 $13,750
November '24 Nov '24 $54,100
October '24 Oct '24 $12,262
September '24 Sep '24 $10,812
August '24 Aug '24 $41,050
July '24 Jul '24 $35,000
June '24 Jun '24 $15,557
May '24 May '24 $22,505
April '24 Apr '24 $28,000
March '24 Mar '24 $10,737

Number of Homes Sold i

27

(Feb 2025)

+12.5%

year-over-year

y-o-y

February '25 Feb '25 27
January '25 Jan '25 33
December '24 Dec '24 23
November '24 Nov '24 27
October '24 Oct '24 31
September '24 Sep '24 34
August '24 Aug '24 31
July '24 Jul '24 34
June '24 Jun '24 22
May '24 May '24 35
April '24 Apr '24 37
March '24 Mar '24 37

Number of Purchase Loans i

25

(Feb 2025)

+66.7%

year-over-year

y-o-y

February '25 Feb '25 25
January '25 Jan '25 23
December '24 Dec '24 15
November '24 Nov '24 18
October '24 Oct '24 28
September '24 Sep '24 27
August '24 Aug '24 26
July '24 Jul '24 25
June '24 Jun '24 20
May '24 May '24 33
April '24 Apr '24 27
March '24 Mar '24 23

Number of REFI Loans i

28

(Feb 2025)

+12%

year-over-year

y-o-y

February '25 Feb '25 28
January '25 Jan '25 31
December '24 Dec '24 22
November '24 Nov '24 17
October '24 Oct '24 41
September '24 Sep '24 19
August '24 Aug '24 25
July '24 Jul '24 31
June '24 Jun '24 27
May '24 May '24 32
April '24 Apr '24 39
March '24 Mar '24 18

Number of HELOC Loans i

6

(Feb 2025)

+100%

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 9
December '24 Dec '24 5
November '24 Nov '24 8
October '24 Oct '24 8
September '24 Sep '24 12
August '24 Aug '24 13
July '24 Jul '24 13
June '24 Jun '24 11
May '24 May '24 13
April '24 Apr '24 9
March '24 Mar '24 7

Oak Park, MI 48237 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Oak Park, MI 48237 Foreclosure Activity

There were a total of 4 Oak Park, MI 48237 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

4

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 4
January '25 Jan '25 6
December '24 Dec '24 3
November '24 Nov '24 N/A
October '24 Oct '24 4
September '24 Sep '24 1
August '24 Aug '24 4
July '24 Jul '24 5
June '24 Jun '24 6
May '24 May '24 2
April '24 Apr '24 2
March '24 Mar '24 3

Foreclosure Starts i

4

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 4
January '25 Jan '25 6
December '24 Dec '24 3
November '24 Nov '24 N/A
October '24 Oct '24 4
September '24 Sep '24 1
August '24 Aug '24 4
July '24 Jul '24 5
June '24 Jun '24 6
May '24 May '24 2
April '24 Apr '24 2
March '24 Mar '24 3

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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