Oak Park Heights Real Estate Market Report: August 2024
In August 2024, the median sale price in Oak Park Heights was $496,925.
- Median Sales Price
- $496,925
- No prior comparison
- Homes for Sale
- 7
- No prior comparison
- Months Supply
- 1.9
- No prior comparison
- Seller's market
- Days on Market
- 22
- No prior comparison
- Closed Sales
- 2
- No prior comparison
- Percent of Original List Received
- 95.6%
- No prior comparison
What this means
The median sale price is currently $496,925.
Homes are averaging 22 days on market, and sellers are receiving 95.6% of their original asking price.
The area is currently a seller's market with 1.9 months of supply. There are currently 7 homes for sale.
In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.
Common questions about the Oak Park Heights market
Is Oak Park Heights a buyer's or seller's market?
Oak Park Heights was a seller's market in August 2024, with 1.9 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 7 homes for sale.
How fast are homes selling in Oak Park Heights?
Homes that sold in August 2024 spent an average of 22 days on market. Sellers received 95.6% of their original list price on average.
Market trends in Oak Park Heights
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| September 2023 | $330,500 | 4 | 16 | 0.8 |
| October 2023 | $347,450 | 6 | 24 | 1.8 |
| November 2023 | $302,500 | 2 | 63 | 1 |
| December 2023 | $315,000 | 3 | 23 | 0.8 |
| January 2024 | $570,000 | 1 | 66 | 1 |
| February 2024 | $330,900 | 6 | 43 | 0.7 |
| March 2024 | $265,139 | 2 | 14 | 0.5 |
| April 2024 | $358,250 | 2 | 25 | 1 |
| June 2024 | $290,000 | 3 | 60 | 1.4 |
| July 2024 | $269,000 | 2 | 28 | 1.6 |
| August 2024 | $496,925 | 2 | 22 | 1.9 |
How Oak Park Heights compares with the Twin Cities region
In August 2024, the median sale price in Twin Cities (16-County Region) was $389,000.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published October 21, 2026.
Report published .
Get the Oak Park Heights market report every month
We will email you the monthly numbers and what they mean for buyers and sellers.