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Oak Park, 48237 Real Estate Overview

Today, December 27, 2009

Avg. Listing Price $83,758 Wk ending Dec 16

-$1,014
-1.2%
w-o-w

Median Sales Price $55,100 Sep '09 - Nov '09

-$8,572
-13.5%
y-o-y

241	Homes For Sale	0	Open Homes
408	Recently Sold	237	Foreclosures

Average Listing Price

$83,758

-1.2%

w-o-w

Median Sales Price

$55,100

-13.5%

y-o-y

Average price/sqft

$56

-9.7%

y-o-y

Number of Sales

149

-27%

y-o-y

More 48237 Market Trends

Select chart to embed:

Most popular
zip codes

Avg. listing price
Week ending Dec 16

w-o-w

48009

$614,452

-1.2%

48067

$176,592

-0.2%

48073

$142,074

-0.5%

48220

$98,343

-1.6%

48306

$470,783

-0.7%

Movers & Shakers

Avg. listing price
Week ending Dec 16

w-o-w

48321

$166,843

+43.0%

48215

$114,750

-28.8%

48350

$239,466

+10.3%

48204

$42,278

-8.0%

48202

$114,186

-6.4%

View Oakland County Home Prices Map

The median sales price for homes in ZIP code 48237 in Oak Park from Sep 09 to Nov 09 was $55,100 based on 149 sales. Compared to the same period one year ago, the median sales price decreased 13.5%, or $8,572, and the number of sales decreased 27%. Average price per square foot for homes in 48237 was $56, a decrease of 9.7% compared to the same period last year.

There are currently 241 resale and new homes in ZIP code 48237 on Trulia, including 237 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 48237 was $83,758 for the week ending Dec 16, which represents a decrease of 1.2%, or $1,014, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Ferndale Public School District

Public

PK - 12

3,122

Oak Park School District

Public

K - 12

4,003

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Lessenger Early Childhood School

Public

PK - K

Einstein Elementary School

Public

K - 5

John F Kennedy Elementary School

Public

K - 6

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Oak Park Schools

23440 Beve…

$59,900

3 br 2 ba

13641 Vern…

$129,000

3 br 2 ba

24070 Marl…

$98,888

3 br 1 ½ ba

14001 Manh…

$119,900

3 br 2 ba

23121 Sher…

$55,000

3 br 1 ba

8781 Sarat…

$49,999

3 br 1 ba

View all 48237 Homes for Sale

Cities

Median
sales price

Average
listing price

Huntington Woods

$187,500

$285,187

Berkley

$104,000

$131,894

Lathrup Village

$101,500

$141,812

Pleasant Ridge

$147,618

$243,564

Ferndale

$75,000

$98,236

Royal Oak

$124,500

$159,057

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Oak Park, 48237 Real Estate Overview

Market View for 48237

Market Trends for 48237

Home Prices for Oakland County

Oak Park, 48237 Summary

Schools in Oak Park

Community Info for Oak Park

Homes for Sale in 48237

Recent Q&A in Oak Park, MI

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Nearby Cities Real Estate

Nearby Cities Sold Homes

Nearby Cities Home Prices

48237 Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close