60304, Oak Park, IL

The 60304 zip code of Oak Park, IL has a median home value of $269,900 and a median home equity value of $146,000. The average home size in the 60304 zip code is 2,898 square feet and the average price per square foot is $128. The 60304 zip code has a population of 34,927 and an unemployment rate of 5%.

Oak Park is located in Cook County and has been recognized as one of the most affluent communities in Illinois. Home values in Oak Park have increased significantly over the past few years due to strong demand from buyers and limited supply. There are currently only 2,898 homes available for sale in the 60304 zip code which is likely contributing to high home values. In addition, many homeowners in Oak Park have taken advantage of low interest rates to refinance their mortgages and increase their home equity values.

Despite high home values, there are still many opportunities for buyers who are interested in purchasing a home in the 60304 zip code. There are currently 34,927 homes available for sale within the area which represents an inventory level that is below average for this type of market. Additionally, recent trends indicate that prices may continue to rise over the next few years due to strong demand from buyers and limited availability of properties on the market.