Oak Park 60302

Cook County, IL · 23,379 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

53affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
28.7%
stretched
Days on market
40
daily
Price cuts
15.2%
of active
Valuation
+15.7%
vs assessor
Look up an address
61
/100
Stable
hot · balanced · prices rising year-over-year.
Price trend
67
Affordability
65
Valuation
50
Economic health
53

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

37/ 100SellerBalancedBuyer
Seller's Market
DOM: 69d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)75

Seller-favored market in 60302. Expect to pay at or near list price. Payment burden: 28.7% of median income. Median days on market: 69. Renting is approximately 60% cheaper than buying (price-to-rent ratio: 19.2).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
HOTBALANCED

Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 9.5% YoY.

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Market snapshoteach number, once

Median price
$460,621
▴ 9.5% YoY
Days on market
40
daily · zip_data
Median rent
$1,995
ZORI
Investor score
69/100
cash-flow lens
Active listings
100
90-day

Valuation3 lenses, different anchors

vs assessor
+15.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$533,020
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+44.5%
County-wide market — the widest, slowest signal.
Cook+44.5%
Cook+44.5%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$254
Price-to-income4.7×

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How 60302 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity67%
Supply tightness53%
Affordability4%
Investment yield31%
Appreciation82%

Affordability, supply & momentum

35SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply9.0 mo
Days on Market40d
Inv vs History+12.9%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,327
Payment burden28.7%
Median income · ZIP$97,414
Mortgage rate6.49% · 30yr
Total monthly own$2,787
Monthly rent$1,995
Market dynamics
Price cut %15.2%
Momentumhot
LeverageBALANCED
Months of supply9
Sales (90d)0
Investment analysis
Median rent$1,995
Price-to-rent19.2
Est. cap rate3.4%
Buy vs rentneutral

Livability

Walk score14
Transit score48
Bike score—

Historical trends

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Cook County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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