Oak Forest, IL Home Values & Market Trends
Real estate market trends reflect that there have been 396 transactions over the past year in Oak Forest. The median value for residential home transactions that occurred over the previous year is $259,194.2. The number of current listings in Oak Forest is 11, and the percentage of properties for sale in the city is 11.00%. Oak Forest, IL currently has 63 properties in foreclosure, 1 bank owned properties, 9 properties headed for auction, and 11 properties for sale.
Oak Forest, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60452 | $ 271,003 $ 189/sqft |
Housing Market Summary for Oak Forest, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $270.9K | $255.8K | -5.56% |
Median Sold Price | $265K | $255.8K | -3.46% |
Homes For Sale | 13 | 10 | -23.08% |
Homes Sold | 257 | 175 | -31.91% |
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 $34,217 to $734,654. The median estimated value of a home in Oak Forest is $259,194.2. The median list price of a home is 275,000, and the total count of properties in the city is 9,367.
- Pre-ForeclosurePre-foreclosure homes account for 0.57% of all residential properties in Oak Forest, IL with 60452 containing 53 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 $418,842 in 60452 to the lowest home value of $136,749 in 60452.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Oak Forest, IL ranges from the highest value of $120,000 in 60452 to the lowest value of $120,000 in 60452. Bank owned homes and properties account for 0.01% of properties in Oak Forest, IL. There is 1 zips within Oak Forest, IL; 60452 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60452 has 9 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 0.10% 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 $361,758 in 60452 to the lowest value of $211,925 in 60452.
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