Oak Forest Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $225,000
    1% ( $2,000 ) vs Aug 2016
  • Median Sales Price
    $169,750
    5% ( $9,000 ) vs Aug 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 142
    Homes for Sale 115
    Recently Sold 71

Market Summary

There are currently 142 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 115.

In September, the number of properties that received a foreclosure filing in Oak Forest, IL was 19% lower than the previous month and 0% higher than the same time last year.

Home sales for August 2017 were up 57% compared with the previous month, and down 15% compared with a year ago. The median sales price of a non-distressed home was $169,750. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Oak Forest, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $63,750 (Median Foreclosure Sales Price) $93,304 (Median Foreclosure Sales Price) $104,500 (Median Foreclosure Sales Price) $169,750 (Median Sales Price) $178,750 (Median Sales Price) $180,000 (Median Sales Price) $202,500 (Median Sales Price) $177,000 (Median Sales Price) $159,500 (Median Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $63,750 (Median Foreclosure Sales Price) $93,304 (Median Foreclosure Sales Price) $104,500 (Median Foreclosure Sales Price) $169,750 (Median Sales Price) $178,750 (Median Sales Price) $180,000 (Median Sales Price) $202,500 (Median Sales Price) $177,000 (Median Sales Price) $159,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
681
30.5
% (y-o-y)
$194,000
19.8
% (y-o-y)
Data not available
TINLEY PARK
24
20.0
% (y-o-y)
$199,250
8.2
% (y-o-y)
Data not available
Homewood
23
130.0
% (y-o-y)
$163,000
3.2
% (y-o-y)
Data not available
Hazel Crest
16
11.1
% (y-o-y)
$97,500
13.3
% (y-o-y)
Data not available
Midlothian
16
128.6
% (y-o-y)
$118,500
9.5
% (y-o-y)
Data not available
Matteson
15
21.1
% (y-o-y)
$138,000
9.2
% (y-o-y)
Data not available
Country Club Hills
13
45.8
% (y-o-y)
$95,250
21.6
% (y-o-y)
Data not available
Orland Park
12
57.1
% (y-o-y)
$261,500
9.0
% (y-o-y)
Data not available
Markham
11
31.3
% (y-o-y)
$28,500
52.5
% (y-o-y)
Data not available
Alsip
9
125.0
% (y-o-y)
$132,500
2.6
% (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: 5.40%
Percentage of vacant homes: 2.50%

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