Oak Park Heights Real Estate Market Report: September 2024
In September 2024, the median sale price in Oak Park Heights was $332,000, essentially unchanged from a year earlier.
- Median Sales Price
- $332,000
- +0.5% vs. September 2023
- Homes for Sale
- 6
- +100% vs. September 2023
- Months Supply
- 1.7
- +112.5% vs. September 2023
- Seller's market
- Days on Market
- 57
- +256.3% vs. September 2023
- Closed Sales
- 4
- +0% vs. September 2023
- Percent of Original List Received
- 96.9%
- -0.5 pts vs. September 2023
What this means
Home values are holding steady within one percent of last year, with a median sale price of $332,000.
Homes are selling 41 days longer than last year, averaging 57 days on market, and sellers are receiving 96.9% of their original asking price.
The area is currently a seller's market with 1.7 months of supply. Active inventory is up 100% from last year to 6 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 September 2024, with 1.7 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 6 homes for sale.
How fast are homes selling in Oak Park Heights?
Homes that sold in September 2024 spent an average of 57 days on market, 41 days slower than a year earlier. Sellers received 96.9% of their original list price on average.
Are home prices going up in Oak Park Heights?
Prices were essentially flat, with a median sale price of $332,000.
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 |
| September 2024 | $332,000 | 4 | 57 | 1.7 |
How Oak Park Heights compares with the Twin Cities region
In September 2024, the median sale price in Twin Cities (16-County Region) was $379,999.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published October 21, 2026.
Report published .
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