Oak Forest Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $207,400
    1% ( $2,500 ) vs Apr 2016
  • Median Sales Price
    $177,000
    11% ( $17,500 ) vs Apr 2016
  • Median Foreclosure Sales Price
    $93,304
    11% ( $11,196 ) vs Apr 2016
  • Foreclosures 151
    Homes for Sale 106
    Recently Sold 59

Market Summary

There are currently 151 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 106.

In May, the number of properties that received a foreclosure filing in Oak Forest, IL was 15% lower than the previous month and 43% lower than the same time last year.

Home sales for April 2017 were up 200% compared with the previous month, and down 45% compared with a year ago. The median sales price of a non-distressed home was $177,000. The median sales price of a foreclosure home was $93,304, or 47% lower than non-distressed home sales.

Sales Prices - Oak Forest, IL




Add this chart to your website.

$93,304 (Median Foreclosure Sales Price) $104,500 (Median Foreclosure 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) $177,000 (Median Sales Price) $159,500 (Median Sales Price) $160,000 (Median Sales Price) $167,000 (Median Sales Price) $169,000 (Median Sales Price) $186,000 (Median Sales Price) $93,304 (Median Foreclosure Sales Price) $104,500 (Median Foreclosure 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) $177,000 (Median Sales Price) $159,500 (Median Sales Price) $160,000 (Median Sales Price) $167,000 (Median Sales Price) $169,000 (Median Sales Price) $186,000 (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
628
75.3
% (y-o-y)
$190,000
25.5
% (y-o-y)
68.4%
65.5
% (y-o-y)
TINLEY PARK
24
63.6
% (y-o-y)
$185,000
0.8
% (y-o-y)
25.4%
29.4
% (y-o-y)
Country Club Hills
16
48.4
% (y-o-y)
$106,500
17.4
% (y-o-y)
57.7%
64.0
% (y-o-y)
Matteson
15
62.5
% (y-o-y)
$129,000
0.8
% (y-o-y)
43.9%
38.5
% (y-o-y)
Markham
14
7.7
% (y-o-y)
$53,500
18.6
% (y-o-y)
44.9%
33.8
% (y-o-y)
Hazel Crest
14
26.3
% (y-o-y)
$84,000
0.6
% (y-o-y)
64.6%
42.0
% (y-o-y)
Midlothian
12
64.7
% (y-o-y)
$120,000
26.0
% (y-o-y)
31.3%
7.6
% (y-o-y)
Homewood
10
65.5
% (y-o-y)
$170,000
47.2
% (y-o-y)
Data not available
Blue Island
8
52.9
% (y-o-y)
$77,500
22.5
% (y-o-y)
31.1%
51.3
% (y-o-y)
Harvey
7
63.2
% (y-o-y)
$18,032
32.0
% (y-o-y)
Data not available

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%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)