Why Live in Oak Park
Oak Park in Jeffersonville is a serene neighborhood situated between the Lewis and Clark and Abraham Lincoln bridges along the Ohio River. The area is characterized by its old-growth oak trees and numerous parks, making it a peaceful residential community. Residents benefit from an easy commute to Kentucky, allowing them to enjoy job opportunities in Louisville while maintaining their Hoosier roots. The proximity to the Ohio River is a significant attraction, with public boat ramps like Duffy’s Landing and private docks available for boating enthusiasts. The neighborhood's parks, such as Throckmorton Park, Sylvan Park, and Forest Park, offer various amenities including play areas, tennis courts, and picnic spots. Homes in Oak Park, primarily built in the 1950s and 60s, feature split-levels, bi-levels, and ranch-style designs with spacious yards and off-street parking. The local schools, including Riverside Elementary, Parkview Middle, and Jeffersonville High School, have decent ratings. While the neighborhood itself is mostly residential, residents can drive to nearby 10th Street for dining and shopping options, including local favorites like Kabuki Hibachi and Ramen and Star Sushi. Oak Park is well-connected, with Route 65 providing access to Louisville Muhammad Ali International Airport, 12 miles away. Community events such as National Night Out and the Jeffersonville Farmers Market foster a strong sense of community, while the Kentucky Derby Festival across the river is a yearly highlight.
Frequently Asked Questions
Is Oak Park a good place to live?
Oak Park is a good place to live. Oak Park is considered very car-dependent and somewhat bikeable. Oak Park is a suburban neighborhood. Oak Park has 7 parks for recreational activities. It is fairly sparse in population with 3.9 people per acre and a median age of 40. The average household income is $93,042 which is below the national average. College graduates make up 21.3% of residents. A majority of residents in Oak Park are home owners, with 18% of residents renting and 82% of residents owning their home. A
local real estate agent serving Oak Park can help you decide if this neighborhood is the right one for you. Learn more on our
Oak Park neighborhood guide.
How much do you need to make to afford a house in Oak Park?
The median home price in Oak Park is $259,900. If you put a 20% down payment of $52,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $55K a year to afford the median home price in Oak Park. The average household income in Oak Park is $93K.
What are the best public schools in Oak Park?
The best public schools that serve Oak Park are:
What are the best private schools in Oak Park?
The best private schools that serve Oak Park are:
What are the most popular zip codes in Oak Park, Jeffersonville, IN?
What are the most popular neighborhoods near Oak Park, Jeffersonville, IN?
Are home prices dropping in Oak Park?
Yes, home prices in Oak Park are down 3% in the last 12 months.
Home Trends in Oak Park, IN
On average, homes in Oak Park, Jeffersonville sell after 22 days on the market compared to the national average of 52 days. The median sale price for homes in Oak Park, Jeffersonville over the last 12 months is $247,500, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$247,500
Median Single Family Sale Price
$250,000
Median 2 Bedroom Sale Price
$165,000
Median 1 Bedroom Sale Price
$154,500
Average Price Per Sq Ft
$166
Number of Homes for Sale
17
Last 12 months Home Sales
83
Median List Price
$259,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%