Oak Forest Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $209,900
    18% ( $32,450 ) vs Feb 2016
  • Median Sales Price
    $160,000
    4% ( $7,000 ) vs Feb 2016
  • Median Foreclosure Sales Price
    $118,000
    0% ( $0 ) vs Feb 2016
  • Foreclosures 157
    Homes for Sale 73
    Recently Sold 63

Market Summary

There are currently 157 properties in Oak Forest, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 73.

In March, the number of properties that received a foreclosure filing in Oak Forest, IL was 21% lower than the previous month and 17% lower than the same time last year.

Home sales for February 2017 were down 62% compared with the previous month, and down 89% compared with a year ago. The median sales price of a non-distressed home was $160,000. The median sales price of a foreclosure home was $118,000, or 26% lower than non-distressed home sales.

Sales Prices - Oak Forest, IL




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$118,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $133,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $143,000 (Median Foreclosure Sales Price) $131,500 (Median Foreclosure Sales Price) $160,000 (Median Sales Price) $167,000 (Median Sales Price) $169,000 (Median Sales Price) $186,000 (Median Sales Price) $171,000 (Median Sales Price) $171,000 (Median Sales Price) $118,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $133,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $143,000 (Median Foreclosure Sales Price) $131,500 (Median Foreclosure Sales Price) $160,000 (Median Sales Price) $167,000 (Median Sales Price) $169,000 (Median Sales Price) $186,000 (Median Sales Price) $171,000 (Median Sales Price) $171,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
512
80.8
% (y-o-y)
$179,750
26.6
% (y-o-y)
65.0%
59.6
% (y-o-y)
Hazel Crest
19
9.5
% (y-o-y)
$71,750
11.7
% (y-o-y)
51.2%
24.5
% (y-o-y)
Country Club Hills
14
50.0
% (y-o-y)
$108,250
9.8
% (y-o-y)
56.9%
55.4
% (y-o-y)
Markham
14
30.0
% (y-o-y)
$55,250
10.2
% (y-o-y)
44.3%
35.4
% (y-o-y)
TINLEY PARK
12
81.0
% (y-o-y)
$187,500
10.6
% (y-o-y)
13.3%
11.5
% (y-o-y)
Homewood
11
56.0
% (y-o-y)
$175,000
36.7
% (y-o-y)
Data not available
Flossmoor
10
16.7
% (y-o-y)
$241,250
49.6
% (y-o-y)
18.3%
38.6
% (y-o-y)
Matteson
10
69.7
% (y-o-y)
$128,000
13.5
% (y-o-y)
61.9%
39.2
% (y-o-y)
Orland Park
9
85.7
% (y-o-y)
$235,000
4.4
% (y-o-y)
15.2%
8.9
% (y-o-y)
Blue Island
9
65.4
% (y-o-y)
$110,000
20.2
% (y-o-y)
45.0%
54.6
% (y-o-y)

Local Info For Oak Forest

Population:
27,685
Cost of Living Index: 111.62
Crime Index: 30.80     Rating: A- View crime details
Schools: 8    Average School Rating: B View individual school rating
Household Median Income: $71,280
Unemployment: 4.90%
Percentage of vacant homes: 2.50%

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