Market Overview
Home Prices in Oak Park, MN
The median home value in Oak Park, MN is $417,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 14.2% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oak Park are priced2% above average. Oak Park is part of the St. Cloud, MN metro area.
Over the past five years, Oak Park home values have risen by approximately29.2%, reflecting strong long-term appreciation in this market.
Price History
Oak Park Home Price Trend
City Comparison
Oak Park vs. National Median
At $417,872, homes in Oak Park cost 2% above the national median of $410,000. Buyers in Oak Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Oak Park?
20% Down Payment
$83,574
on $417,872
Monthly P&I
$2,179/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,767/mo
incl. taxes & insurance
Income Needed
$110,680
gross annual (30% rule)
10% Down Option
$41,787
+ PMI applies
Loan Amount (20% dn)
$334,298
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Oak Park, MN?
The median home value in Oak Park is $417,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 14.2% year-over-year.
How much have home prices changed in Oak Park?
Over the past year, home values in Oak Park have increased by 14.2%. Over five years, prices have risen approximately 29.2%.
How much do I need to earn to buy a home in Oak Park?
To comfortably afford the median home price of $417,872 with a 20% down payment ($83,574) at today's rates (6.8%), you'd need a gross annual income of approximately $110,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Oak Park compare to the national average home price?
The national median home value is approximately $410,000. At $417,872, homes in Oak Park are 2% above the national average.
What metro area is Oak Park part of?
Oak Park is part of the St. Cloud, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.