Oak Forest Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $219,800
    2% ( $5,100 ) vs Mar 2017
  • Median Sales Price
    $150,000
    3% ( $5,000 ) vs Mar 2017
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 141
    Homes for Sale 111
    Recently Sold 266

Market Summary

There are currently 141 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 111.

In April, the number of properties that received a foreclosure filing in Oak Forest, IL was 25% lower than the previous month and 10% lower than the same time last year.

Home sales for March 2018 were up 214% compared with the previous month, and up 450% compared with a year ago. The median sales price of a non-distressed home was $150,000. 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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$150,000 (Median Sales Price) $145,000 (Median Sales Price) $164,000 (Median Sales Price) $172,500 (Median Sales Price) $159,250 (Median Sales Price) $171,500 (Median Sales Price) $150,000 (Median Sales Price) $145,000 (Median Sales Price) $164,000 (Median Sales Price) $172,500 (Median Sales Price) $159,250 (Median Sales Price) $171,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,891
307.2
% (y-o-y)
$260,000
39.0
% (y-o-y)
Data not available
TINLEY PARK
81
326.3
% (y-o-y)
$191,500
3.5
% (y-o-y)
Data not available
Orland Park
79
690.0
% (y-o-y)
$240,000
4.0
% (y-o-y)
Data not available
Midlothian
40
150.0
% (y-o-y)
$105,500
12.1
% (y-o-y)
Data not available
Homewood
25
177.8
% (y-o-y)
$132,000
22.4
% (y-o-y)
Data not available
Alsip
20
185.7
% (y-o-y)
$124,000
14.5
% (y-o-y)
Data not available
Flossmoor
17
142.9
% (y-o-y)
$181,000
28.3
% (y-o-y)
Data not available
Harvey
17
70.0
% (y-o-y)
$27,000
31.7
% (y-o-y)
Data not available
Matteson
17
0.0
% (y-o-y)
$138,000
4.9
% (y-o-y)
Data not available
Country Club Hills
16
27.3
% (y-o-y)
$104,000
3.9
% (y-o-y)
Data not available

Local Info For Oak Forest

Population:
27,685
Cost of Living Index: 111.62
Crime Index: 52.10     Rating: B+ View crime details
Schools: 8    Average School Rating: B View individual school rating
Household Median Income: $71,280
Unemployment: 5.20%
Percentage of vacant homes: 2.50%

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