Oak Park Housing Market Report – July 2026
Here's a look at how the Oak Park, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 17
- Median Sale Price: $1,025,000
- Average Sale Price: $954,971
- Average Price Per Sq Ft: $531
- Average Days on Market: 69
- Sale-to-List Price Ratio: 98.0%
Month-Over-Month Trends
Compared to June, the median sale price in Oak Park moved 18.0% down (from $1,250,000 to $1,025,000). The number of homes sold was 13.3% up compared to the prior month (15 vs. 17). Average days on market shifted 9.2% down (76 days to 69 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 12.8% down (from $1,175,000 to $1,025,000). Sales volume is 29.2% down year-over-year.
What This Means
Oak Park's housing market is showing a curious split personality this July. On the positive side, homes are moving faster—selling in just 69 days on average, down from 76 days last month—and buyers are staying disciplined, purchasing at 98 percent of asking price rather than bidding up in frenzies. The uptick in sales volume month-over-month is likely a data completeness improvement from earlier reporting issues, so it's not a true market surge. What's more telling is the price picture: the median dropped 18 percent from June and 12.8 percent year-over-year, suggesting sellers are finally adjusting to reality after holding out for premium prices.
This cooling is typical for mid-summer in California and reflects both seasonal demand patterns and the persistent headwinds of higher interest rates keeping affordability constrained. At $531 per square foot, Oak Park remains accessible compared to many coastal alternatives, which is drawing a steady stream of buyers. The large inventory of 66 active listings with a median ask of $895,000 indicates sellers have room to come down further to clear the market faster. For buyers, this environment offers genuine negotiating power—a stark contrast to the seller-friendly conditions of recent years.
Oak Park Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91377 | 17 | $1,025,000 | $531 | 69 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 11 | $1,120,000 | $559 |
| TOWNHOMES | 3 | $682,500 | $571 |
| CONDOS | 2 | $359,250 | $461 |
| CONDO | 1 | $295,000 | $238 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $300K - $399K | 2 |
| $500K - $749K | 2 |
| $750K+ | 12 |
Current Active Listings
As of this report, there are 66 active listings in Oak Park with a median asking price of $895,000 and an average of 61 days on market.
Thinking About Selling Your Oak Park Home?
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