Oak Forest, IL Home Values & Market Trends
Real estate market trends reflect that there have been 444 transactions over the past year in Oak Forest. The median value for residential home transactions that occurred over the previous year is $323,168. The number of current listings in Oak Forest is 338, and the percentage of properties for sale in the city is 338.00%. Oak Forest, IL currently has 84 properties in foreclosure, 5 bank owned properties, 10 properties headed for auction, and 338 properties for sale.
Oak Forest, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60452 | $ 323,168 $ 228/sqft |
Housing Market Summary for Oak Forest, IL
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $295K | $295K | - |
| Median Sold Price | $285K | $296K | 3.85% |
| Homes For Sale | 255 | 340 | 33.33% |
| Homes Sold | 208 | 180 | -13.46% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Oak Forest, IL
Browse Homes in Oak Forest, IL
Oak Forest home values range from $74,454 to $623,051. The median estimated value of a home in Oak Forest is $323,168. The median list price of a home is 295,000, and the total count of properties in the city is 685.
- Pre-ForeclosurePre-foreclosure homes account for 10.07% of all residential properties in Oak Forest, IL with 60452 containing 69 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Oak Forest, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $517,735 in 60452 to the lowest home value of $187,692 in 60452.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Oak Forest, IL ranges from the highest value of $369,900 in 60452 to the lowest value of $249,900 in 60452. Bank owned homes and properties account for 0.73% of properties in Oak Forest, IL. There is 1 zips within Oak Forest, IL; 60452 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60452 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Oak Forest, IL. Auction homes and other auction properties account for 1.46% of all properties in Oak Forest, IL. There is 1 zips within Oak Forest, IL; of that zips, the median estimated home value for homes going to auction ranges from $396,626 in 60452 to the lowest value of $155,000 in 60452.
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Guide for Oak Forest, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
