All Countries
Oak Park, MI
Full City Profile · Michigan · Wayne County County
3.3
/5.0
B
Good
29,370
Population
5,703/sq mi density
$65,882
Median Income
$37,249 per capita
$198,500
Home Value
$227,516 Zillow
$1,354
Median Rent
30.2% income on rent
50°F
Avg Temperature
260 sunny days/yr
243
Violent Crime/100K
1,720 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$65,882 median income, 6.7% unemployment
A+
Affordability
5.0 / 5.0
$198,500 home value, $1,354/mo rent
F
Safety
1.0 / 5.0
243 violent crimes/100K
A
Education
4.2 / 5.0
39.5% bachelor's degree or higher
Housing Overview
Median Home Value
$198,500
30% below
US avg: $281,900
Median Rent
$1,354/mo
16% above
US avg: $1,163/mo
Homeownership Rate
59.3%
9% below US avg (65.4%)
Total Housing Units
12,868
Median year built: 1957
Home Value by Source
Census Median
$198,500
Zillow (ZHVI)
$227,516
Median Sale Price
$218,555
Median List Price
$223,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.3%
Owner-Occupied
40.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,354/mo
· Zillow rent:
$1,476/mo
Market Indicators (Redfin)
Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
31
Price Drops
23.4%
of listings with price reduction
Price Per Sq Ft
$165
Active Inventory
47
homes for sale
Affordability & Housing Stock
Rent Burden
30.2%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
59.3%
Complete Housing Data
Home Values
| Census Median Value | $198,500 |
| Zillow Home Value (ZHVI) | $227,516 |
| Median Sale Price | $218,555 |
| Median List Price | $223,500 |
| Price Per Sq Ft | $165 |
Rent
| Census Median Rent | $1,354 |
| Zillow Rent (ZORI) | $1,476 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 43 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.4% |
| Homes Sold | 31 |
| Active Inventory | 47 |
| Price Per Sq Ft | $165 |
Ownership & Stock
| Owner-Occupied | 59.3% |
| Renter-Occupied | 40.7% |
| Homeownership Rate | 59.3% |
| Total Housing Units | 12,868 |
| Median Year Built | 1957 |
| Rent Burden | 30.2% |