Why Live in Oak Park
Oak Park is a diverse and vibrant neighborhood that has undergone significant revitalization over the past decade. The transformation of 11 Mile and 9 Mile roads has introduced a variety of small businesses, restaurants, gyms, and bars, making these areas bustling hubs of activity. The addition of bike lanes, parking, and pocket parks has enhanced walkability and bikeability, further contributing to the neighborhood's appeal. For larger shopping needs, residents frequent the Lincoln Shopping Center on Greenfield Road. The community is known for its close-knit atmosphere, with long-standing establishments like Ernie’s Market and the Book Beat bookstore fostering a strong sense of camaraderie among residents. Oak Park Recreation manages seven parks, including the expansive 57-acre Shepherd Park, which features play structures, athletic courts, a sledding hill, and an indoor ice rink. The city is also developing new parks and an event space for concerts and community gatherings. Housing in Oak Park primarily consists of solid brick ranches, bungalows, townhouses, and apartments, many of which were built in the 1950s and feature hardwood floors and full basements. The neighborhood is served by three school districts, with the Berkley School District and Norup International School being highly rated. Oak Park is safer than the national average, making it a practical choice for families and individuals alike.
Home Trends in Oak Park, MI
On average, homes in Oak Park, MI sell after 30 days on the market compared to the national average of 52 days. The median sale price for homes in Oak Park, MI over the last 12 months is $237,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$237,500
Median Single Family Sale Price
$239,000
Median 2 Bedroom Sale Price
$77,000
Average Price Per Sq Ft
$193
Number of Homes for Sale
52
Last 12 months Home Sales
285
Median List Price
$245,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
