Oak Park 60304

Cook County, IL · 16,183 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

62affordability /100

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

Payment burden
23.3%
affordable
Days on market
52
daily
Price cuts
13.8%
of active
Valuation
-21.6%
vs assessor
Look up an address
75
/100
Stable
hot · balanced · prices rising year-over-year.
Price trend
74
Affordability
95
Valuation
50
Economic health
62

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

49/ 100SellerBalancedBuyer
Balanced Market
DOM: 43d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)60
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)40

Balanced market in 60304. List price is roughly fair — focus on condition and value. Payment burden: 23.3% of median income. Median days on market: 43. Renting is approximately 132% cheaper than buying (price-to-rent ratio: 27.8). Market appears 12% overpriced vs. assessed values.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
HOTBALANCED

Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 10.2% YoY.

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Market snapshoteach number, once

Median price
$509,931
▴ 10.2% YoY
Days on market
52
daily · zip_data
Median rent
$1,528
ZORI
Investor score
48/100
cash-flow lens
Active listings
28
90-day

Valuation3 lenses, different anchors

vs assessor
-21.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$400,000
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-income3.8×

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How 60304 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity44%
Supply tightness63%
Affordability14%
Investment yield6%
Appreciation85%

Affordability, supply & momentum

30SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.9 mo
Days on Market52d
Inv vs History-17.8%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,576
Payment burden23.3%
Median income · ZIP$132,841
Mortgage rate6.49% · 30yr
Total monthly own$3,086
Monthly rent$1,528
Market dynamics
Price cut %13.8%
Momentumhot
LeverageBALANCED
Months of supply10.9
Sales (90d)0
Investment analysis
Median rent$1,528
Price-to-rent27.8
Est. cap rate2.3%
Buy vs rentfavors renting

Livability

Walk score17
Transit score44
Bike score

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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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