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Oak Forest, Illinois, Real Estate
Oak Forest is a suburb city approximately 24 miles south-southwest of Chicago, Illinois. According to the 2010 census, the population was 27,962.
Oak Forest currently has 130 single family homes with an average list price of $216,515 and 21 condos/townhomes with an average list price of $137,776. The average annual property tax for Oak Forest is $5,062.
Current Homes for Sale
Multi-UnitHomes 0 no homes
NewConstruction 0 no homes
AdultCommunities 0 no homes
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Fieldcrest Elementary School | 144 | Elementary | K,1-6 |
| Kerkstra Elementary School | 142 | Elementary | 1-5 |
| Kimberly Heights Elementary School | 145 | Elementary | P,K |
| Lee R Foster Elementary School | 142 | Elementary | 1-5 |
| Morton Gingerwood Elementary School | 145 | Elementary | 1-2 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Oak Forest, i.e. what's hot and what's not.
See What's Hot & What's Not in Oak ForestSubdivisions/Buildings
| Subdivisions/Buildings | Median Price | |
|---|---|---|
|
Arbor Park Arbor Park is a single family home subdivision located in Oak Forest, Illinois south of Route 6 and west of Route 50. |
$170,000 |
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Avenues of Oak Forest Avenues of Oak Forest is a single family home subdivision built in the 1990's. Avenues of Oak Forest is located in Oak Forest, Illinois west of Cicero Avenue and north of 167th Street. Read more |
$190,000 |
|
|
Bramblewood Bramblewood is a single family home subdivision built in the 1990's. Bramblewood is located in Oak Forest, Illinois west of Oak Park Avenue and north of Route 6. Read more |
$255,000 |
|
|
Castletowne Castletowne is a single family home subdivision built in the 1960's. Castletowne is located in Oak Forest, Illinois west of Central Avenue and south of 151st Street. Read more |
$190,000 |
|
|
Diamonds of Oak Forest Diamonds of Oak Forest is a townhouse and duplex community built in the 1990's. Diamonds of Oak Forest is located in Oak Forest, Illinois on Diamond Dr. east of Long Avenue and north of 151st St. Read more |
$136,500 |
Metra Stations
| Station | Line | Address | ||
|---|---|---|---|---|
| Oak Forest | Rock Island District (RI) | 4850 W.159th St. | View commute |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Mar 20, 2019 | 15737 Le Claire Ave. | 3 | 2 | 1,480 ft2 | 2.5 | 1963 | $125,000 | |
|
Mar 15, 2019 | 16206 Grove Ave. | 4 | 2.1 | 2,000 ft2 | 2 | 2018 | $288,000 | |
|
Mar 15, 2019 | 15308 Cherry Ln. | 4 | 2.1 | 1,700 ft2 | 2 | 1972 | $220,000 | |
|
Mar 15, 2019 | 15612 Bramblewood Rd. | 4 | 2.2 | 3,407 ft2 | 2 | 1997 | Bramblewood | $345,000 |
|
Mar 15, 2019 | 15943 Jamie Ct. | 3 | 1.1 | 1,197 ft2 | 0 | 1966 | Friendly Oaks | $180,000 |
|
Mar 14, 2019 | 15700 S. Terrace Dr. #R02 | 2 | 1 | — | 0 | 1975 | $75,000 | |
|
Mar 14, 2019 | 15513 S. Waverly Ave. | 2 | 1.1 | 1,200 ft2 | 3 | $146,000 | ||
|
Mar 13, 2019 | 16007 Forest Ave. | 3 | 2 | 1,200 ft2 | 2 | 1985 | $166,000 | |
|
Mar 13, 2019 | 5309 Christopher Dr. | 4 | 2.1 | 2,580 ft2 | 2 | 2006 | $254,900 | |
|
Mar 13, 2019 | 15424 Ann Marie Dr. | 4 | 2.1 | 1,800 ft2 | 2 | 1965 | $208,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Oak Forest home sales for the month of February rose in volume by 4.8% when compared to last year, while the median sale price decreased by 11.5% from $200,000 to $177,000. The number of Single Family homes sales rose by 6.3%, while the median sale price decreased by 10.1% from $216,950 to $195,000. Condo/townhome sales stayed the same, while the median sale price rose by 46.7% from $75,000 to $110,000.
|
279
|
325
|
337
|
433
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$165,000
|
$168,000
|
$185,000
|
$191,000
|
| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for February in
| February | Year to Date (Jan 1 - March 22) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 21 | 22 | +4.8% | 43 | 66 | +53.5% |
| (Single Family) | 16 | 17 | +6.3% | 35 | 46 | +31.4% |
| (Condos/Townhomes) | 5 | 5 | 0% | 8 | 20 | +150% |
| Median Sale Price | $200,000 | $177,000 | -11.5% | $197,900 | $176,000 | -11.1% |
| (Single Family) | $216,950 | $195,000 | -10.1% | $203,000 | $199,950 | -1.5% |
| (Condos/Townhomes) | $75,000 | $110,000 | +46.7% | $94,775 | $113,450 | +19.7% |
| Days on Market | 53 | 54 | +1.9% | 27 | 32 | +18.5% |
| (Single Family) | 65 | 62 | -4.6% | 23 | 35 | +50% |
| (Condos/Townhomes) | 42 | 6 | -85.7% | 41 | 24 | -42% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Avenues Park 16600 Willowwick Drive |
Playground |
|
|
Central Park 15601 Central Avenue |
Baseball Diamonds Basketball Courts Hiking Paths Skate Park Tennis Courts Volleyball Courts |
|
|
Convent Park 14800 Menard Avenue |
Baseball Diamonds Playground |
|
|
Don Burns Park 16900 Forest Avenue |
Basketball Courts Picnic Area Softball Fields Tennis Courts |
|
|
El Morro Park 15500 Arroyo Drive |
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