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Oak Park, IL Housing

 
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As of 2010-2014, median price of a house in Oak Park is $354,400, which is much higher than the state average of $175,700 and is much higher than the national average of $175,700. The Oak Park median house value has grown by 53.22% since 2000. The growth rate for the price of a house in Oak Park is higher than the state average rate of 34.33% and is higher than the national average rate of 46.91%. The median year that a house in Oak Park was built is 1939, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 12,926 Owner Occupied Houses in Oak Park, IL, #52
Oak Park, IL
354,400 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #244
Oak Park, IL
53.22%
Illinois
34.33%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Oak Park, ILIllinoisU.S.
Total Housing Units23,872, see rank, 100%5,299,433132,741,033
Occupied Housing Units21,658, 90.73%, see rank90.17%87.55%
Owner Occupied12,926, 54.15%, see rank60.28%56.34%
Renter Occupied8,732, 36.58%, see rank29.89%31.21%
Vacant Housing Units2,214, 9.27%, see rank9.83%12.45%
For Rent958, 4.01%, see rank2.18%2.34%
For Sale Only224, 0.94%, see rank1.36%1.20%
Rented or Sold, Not Occupied256, 1.07%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use219, 0.92%, see rank0.95%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant557, 2.33%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1243
Oak Park, ILIllinoisU.S.
193919671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Oak Park, IL%IllinoisU.S.
Owner-Occupied Units12,926100%3,194,70774,787,460
With a Mortgage10,04277.69%, see rank67.18%65.58%
Without a Mortgage2,88422.31%, see rank32.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Oak Park, IL
2,547 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOak Park, IL%IllinoisU.S.
$299 or Less140.14%, see rank0.14%0.20%
$300 to $499140.14%, see rank1.21%1.59%
$500 to $699760.76%, see rank4.05%5.01%
$700 to $9992542.53%, see rank11.52%14.32%
$1,000 to $1,4991,03910.35%, see rank24.62%27.90%
$1,500 to $1,9991,62616.19%, see rank22.62%20.35%
$2,000 to $2,9993,57335.58%, see rank24.08%19.52%
$3,000 or More3,44634.32%, see rank11.76%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oak Park, IL
24.20% of the Total Income
Illinois
24.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Oak Park, IL%IllinoisU.S.
10% or Less5915.89%, see rank5.20%5.86%
10% to 20%3,01430.01%, see rank31.00%31.95%
20% to 30%3,08130.68%, see rank27.90%27.64%
30% to 40%1,34713.41%, see rank14.28%13.74%
40% or More1,97919.71%, see rank21.15%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Oak Park, IL
977 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOak Park, IL%IllinoisU.S.
$199 or Less471.63%, see rank4.12%7.76%
$200 to $299812.81%, see rank8.95%14.70%
$300 to $49934111.82%, see rank27.30%34.63%
$500 to $69935012.14%, see rank25.34%21.16%
$700 or More2,06571.60%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oak Park, IL
15.10% of the Total Income
Illinois
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Oak Park, IL%IllinoisU.S.
10% or Less78927.36%, see rank34.64%40.19%
10% to 20%1,11638.70%, see rank34.00%31.47%
20% to 30%40614.08%, see rank13.55%12.24%
30% to 40%2318.01%, see rank6.36%5.64%
40% or More33011.44%, see rank10.25%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Oak Park, ILIllinoisU.S.
Total Housing Units23,872, 100%5,299,433132,741,033
1-unit, Detached9,733, 40.77%, see rank58.58%61.65%
1-unit, Attached739, 3.10%, see rank5.85%5.82%
2 Units1,620, 6.79%, see rank5.71%3.75%
3 or 4 Units1,361, 5.70%, see rank6.80%4.43%
5 to 9 Units2,896, 12.13%, see rank6.22%4.78%
10 or More Units7,450, 31.21%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.73, 0.31%, see rank2.61%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Oak Park, ILIllinoisU.S.
Total Housing Units23,872, 100%5,299,433132,741,033
1 Room996, 4.17%, see rank2.20%1.95%
2 Rooms675, 2.83%, see rank2.22%2.48%
3 Rooms2,844, 11.91%, see rank8.27%9.13%
4 Rooms3,752, 15.72%, see rank16.08%16.60%
5 Rooms4,040, 16.92%, see rank20.31%20.41%
6 Rooms3,268, 13.69%, see rank18.17%18.06%
7 Rooms2,805, 11.75%, see rank12.12%12.27%
8 Rooms2,338, 9.79%, see rank8.93%8.48%
9 Rooms or More3,154, 13.21%, see rank11.70%10.60%
Median Rooms5.40, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Oak Park, ILIllinoisU.S.
Total Housing Units23,872, 100%5,299,433132,741,033
No Bedroom1,215, 5.09%, see rank2.50%2.17%
1 Bedroom5,503, 23.05%, see rank11.67%11.16%
2 Bedrooms6,233, 26.11%, see rank29.01%26.69%
3 Bedrooms6,252, 26.19%, see rank36.76%39.70%
4 Bedrooms3,347, 14.02%, see rank15.97%16.05%
5 or More Bedrooms1,322, 5.54%, see rank4.10%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Oak Park, ILIllinoisU.S.
Total Housing Units21,658, 100%4,778,633116,211,092
Utility Gas18,157, 83.84%, see rank79.46%48.85%
Bottled, Tank, or LP Gas228, 1.05%, see rank4.08%4.86%
Electricity2,479, 11.45%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.29, 0.13%, see rank0.20%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood0, 0.00%, see rank0.50%2.12%
Solar Energy10, 0.05%, see rank0.02%0.05%
Other Fuel424, 1.96%, see rank0.45%0.47%
No Fuel Used331, 1.53%, see rank0.46%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOak Park, ILIllinoisU.S.
Occupied Units Paying Rent8,505, 100%1,513,61739,201,928
$199 or Less104, 1.22%, see rank1.84%1.50%
$200 to $299181, 2.13%, see rank3.23%3.18%
$300 to $499364, 4.28%, see rank7.28%7.37%
$500 to $699641, 7.54%, see rank15.00%16.01%
$700 to $9992,834, 33.32%, see rank33.11%29.17%
$1,000 to $1,4992,664, 31.32%, see rank26.04%26.88%
$1,500 to $1,9991,100, 12.93%, see rank8.81%9.79%
$2,000 or More617, 7.25%, see rank4.70%6.10%
Median$1,021, see rank$903$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Oak Park, ILIllinoisU.S.
Occupied Housing Units21,658, 100%4,778,633116,211,092
No Vehicles Available2,846, 13.14%, see rank10.79%9.12%
1 Vehicles Available10,147, 46.85%, see rank35.14%33.80%
2 Vehicles Available7,447, 34.38%, see rank36.99%37.48%
3 or More Vehicles Available1,218, 5.62%, see rank17.09%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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