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Oak Park, MI Real Estate & Property Data

Oak Park Real Estate Market Trends

Last Updated: September 20, 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 394 residential properties have sold over the past year. With a median home price of $233,500 in Oak Park and a total of 3 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 396

Avg. Home Age (Single Family Home) 72 Years

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

Total 2025 Residential Sales (year-to-date) 214

% of Homes Seriously Underwater (Q3 2025) 1.01%

Total 2024 Residential Sales 362

% of Equity Rich Homes (Q3 2025) 43.54%

Effective 2024 Property Tax 1.1%

Total Foreclosure Filings (year-to-date) 27

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Oak Park, MI 48237 Real Estate Overview

There were 394 residential properties sold in the past year in Oak Park, MI 48237. The median home value in Oak Park, MI 48237 is $255,153. There are a total of 9,796 residential properties in the 48237.

Median Sales Price i

$233,500

(Jul 2025)

-0.4%

year-over-year

y-o-y

July '25 Jul '25 $233,500
June '25 Jun '25 $230,000
May '25 May '25 $243,750
April '25 Apr '25 $259,000
March '25 Mar '25 $240,000
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

Median Down Payment i

$28,750

(Jul 2025)

-17.9%

year-over-year

y-o-y

July '25 Jul '25 $28,750
June '25 Jun '25 $15,326
May '25 May '25 $33,078
April '25 Apr '25 $15,039
March '25 Mar '25 $16,000
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

Number of Homes Sold i

33

(Jul 2025)

-2.9%

year-over-year

y-o-y

July '25 Jul '25 33
June '25 Jun '25 32
May '25 May '25 39
April '25 Apr '25 19
March '25 Mar '25 31
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

Number of Purchase Loans i

31

(Jul 2025)

+24%

year-over-year

y-o-y

July '25 Jul '25 31
June '25 Jun '25 26
May '25 May '25 34
April '25 Apr '25 23
March '25 Mar '25 22
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

Number of REFI Loans i

42

(Jul 2025)

+35.5%

year-over-year

y-o-y

July '25 Jul '25 42
June '25 Jun '25 23
May '25 May '25 34
April '25 Apr '25 31
March '25 Mar '25 26
February '25 Feb '25 28
January '25 Jan '25 31
December '24 Dec '24 23
November '24 Nov '24 17
October '24 Oct '24 41
September '24 Sep '24 19
August '24 Aug '24 25

Number of HELOC Loans i

13

(Jul 2025)

year-over-year

y-o-y

July '25 Jul '25 13
June '25 Jun '25 12
May '25 May '25 11
April '25 Apr '25 5
March '25 Mar '25 11
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

Oak Park, MI 48237 Real Estate Market Overview

Last 30 days

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Oak Park, MI 48237 Foreclosure Activity

There were a total of 3 Oak Park, MI 48237 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i

3

(Jul 2025)

-40%

year-over-year

y-o-y

July '25 Jul '25 3
June '25 Jun '25 5
May '25 May '25 2
April '25 Apr '25 6
March '25 Mar '25 1
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

Foreclosure Starts i

3

(Jul 2025)

-40%

year-over-year

y-o-y

July '25 Jul '25 3
June '25 Jun '25 5
May '25 May '25 2
April '25 Apr '25 6
March '25 Mar '25 1
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

Completed Foreclosures (REOs) i

July '25 Jul '25 N/A
June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
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

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