Oak Park Market Report
90-day market data from Chicago MLS — updated March 3, 2026
Source: MRED MLS, 90-day sold data. Updated March 3, 2026.
Example 2.5% commission on the Oak Park median of $641K = $16,013. Net Gain's flat fee = $1,995.
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See price band breakdown, market velocity analysis, and personalized listing advice.
Price Band Breakdown
Where buyers are actually competing in Oak Park
| Price Range | Sold | Avg Days | Sale-to-List | Active |
|---|---|---|---|---|
| $600K-$650K Strongest Demand | 4 | 24d | 100% | 0 |
| $400K-$450K | 5 | 6d | 100% | 2 |
| $550K-$600K | 5 | 27d | 99% | 1 |
| $350K-$400K | 3 | 18d | 96% | 0 |
| $500K-$550K | 4 | 59d | 97% | 0 |
| $650K-$700K | 5 | 42d | 98% | 2 |
| $250K-$300K | 3 | 32d | 88% | 0 |
The $600K-$650K range shows the strongest buyer demand with 4 sales averaging 24 days to contract at 100% of asking. No active competition in this band.
Market Velocity
How fast the Oak Park market is moving
With only 8% of listings requiring price reductions, Oak Park sellers who price correctly are finding buyers quickly.
The median time to contract is 12 days, with motivated buyers moving within 5 days on well-priced listings.
With 0.7 months of inventory, this remains a seller's market where properly positioned listings have leverage.
What This Means for Your Listing
Commission savings at the Oak Park median
In a market where correctly priced homes sell in 12 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.
At $641K, that's $14,018 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.
Or send your address to matthew@netgain.realty for a property-specific analysis
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