House Prices

House Prices & Home Values Oak Park, MI 2026


Average Data

average house price$182,897
average size per house1228 ft²
average price per ft²149 $ / ft²

05/19/2026 - The value range (VR) for house prices in Oak Park, MI is $154/ sqft to $154/ sqft. An average home with 1228 sqft costs approximately $189,112 to $189,112. Oak Park, MI includes 1 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48237, while the highest are in ZIP 48237. The average price per sqare feet is $149. Our analysis is based on 29 property listings.

Avergage prices by ZIP codes Oak Park

48237166 $ / ft²




Historical development of home values in Oak Park

Year Estimated value (USD) Change vs. 2025
2010 $84,941 -53.6%
2011 $81,656 -55.4%
2012 $81,436 -55.5%
2013 $84,480 -53.8%
2014 $88,681 -51.5%
2015 $93,232 -49.0%
2016 $98,098 -46.4%
2017 $103,392 -43.5%
2018 $109,108 -40.3%
2019 $114,168 -37.6%
2020 $120,070 -34.4%
2021 $136,566 -25.3%
2022 $159,206 -13.0%
2023 $167,890 -8.2%
2024 $177,602 -2.9%
2025 $182,897 0.0%

Graph: estimated home values in Oak Park over time (USD)



Example: 100% financing house in Oak Park

Loan amount: $182,897

Interest rate: 6.00%

Fixed monthly payment: $1,096.56

Breakdown in the 1st month:
Interest portion: $914.49  –  Principal portion: $182.07

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,912.72 $2,246.00 $180,651.00
2 $10,774.19 $2,384.52 $178,266.48
3 $10,627.12 $2,531.60 $175,734.88
4 $10,470.98 $2,687.74 $173,047.14
5 $10,305.20 $2,853.51 $170,193.63
6 $10,129.21 $3,029.51 $167,164.11
7 $9,942.35 $3,216.37 $163,947.75
8 $9,743.97 $3,414.75 $160,533.00
9 $9,533.36 $3,625.36 $156,907.64
10 $9,309.76 $3,848.96 $153,058.68
11 $9,072.36 $4,086.36 $148,972.32
12 $8,820.32 $4,338.40 $144,633.93
13 $8,552.74 $4,605.98 $140,027.95
14 $8,268.65 $4,890.07 $135,137.88
15 $7,967.04 $5,191.67 $129,946.21
16 $7,646.83 $5,511.89 $124,434.32
17 $7,306.87 $5,851.85 $118,582.47
18 $6,945.94 $6,212.78 $112,369.70
19 $6,562.75 $6,595.97 $105,773.73
20 $6,155.93 $7,002.79 $98,770.94
21 $5,724.01 $7,434.71 $91,336.23
22 $5,265.45 $7,893.26 $83,442.97
23 $4,778.62 $8,380.10 $75,062.86
24 $4,261.75 $8,896.97 $66,165.89
25 $3,713.00 $9,445.72 $56,720.18
26 $3,130.41 $10,028.31 $46,691.87
27 $2,511.89 $10,646.83 $36,045.04
28 $1,855.21 $11,303.50 $24,741.53
29 $1,158.04 $12,000.68 $12,740.86
30 $417.86 $12,740.86 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Oak Park, MI


1500 sqft3900 sqft
Ø selling price$270,436$575,289
Ø fast selling$245,851$517,761
Ø high price sale$295,020$632,818

In 2026, houses in Oak Park, MI will be offered at an average price of $149 per square foot. A 1,500 sqft home priced at $270,436 is 24.72% more expensive per square foot than a 3,900 sqft home priced at $575,289. Home prices in Oak Park, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $398,278. Sellers who can wait longer may achieve a higher price of up to $486,784.


Discover Oak Park, MI

Oak Park, MI is a welcoming city in Oakland County and a convenient inner-ring suburb of Detroit. Known for its strong sense of community and diversity, Oak Park, Michigan blends neighborhood charm with urban access.


Location and Community

The city borders communities like Ferndale, Berkley, Southfield, and Huntington Woods, placing residents close to the best of Metro Detroit. With I?696 nearby and major corridors such as Coolidge Highway and Greenfield Road, commuting and regional travel are easy.


Parks and Recreation

Parks including the popular David H. Shepherd Park offer sports fields, playgrounds, and year-round community events. A robust Recreation Department schedules classes, leagues, and festivals that create plenty of family-friendly things to do.


Schools and Services

The Oak Park School District and the Oak Park Public Library provide educational resources, enrichment programs, and lifelong learning opportunities. Residents also benefit from responsive city services and active neighborhood associations that foster safety and involvement.


Housing, Dining, and Access

Housing in Oak Park ranges from mid?century ranch homes to updated properties, attracting buyers seeking value in a central location. Dining, shopping, and local markets along Coolidge and Nine Mile complement a steady local economy and support a vibrant, walkable lifestyle.



FAQ – Home Values in Oak Park

What is the median home value in Oak Park in 2026?

In 2026, the typical home value in Oak Park is about $182,897 for an average home size of 1228 square feet. This corresponds to an average price of roughly $149 per square foot.

What is the average cost per square foot in Oak Park?

In 2026, homes in Oak Park sell for an average of around $149 per square foot, with a typical range between $154 and $154 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Oak Park is about 1228 square feet, with an estimated 2026 value around $182,897.



Locations close to Oak Park, MI

Detroit, MI17 $ / ft²
Redford, MI134 $ / ft²
Bloomfield Hills, MI359 $ / ft²
Grosse Pointe, MI189 $ / ft²
Ecorse, MI72 $ / ft²
Harper Woods, MI113 $ / ft²




  imprint  Privacy