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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 116 single family homes with an average list price of $209,109 and 31 condos/townhomes with an average list price of $130,639. The average annual property tax for Oak Forest is $5,012.
Current Homes for Sale
Multi-UnitHomes 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. |
$169,500 |
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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 |
$159,500 |
|
|
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 |
$252,500 |
|
|
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 |
$168,500 |
|
|
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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Oct 15, 2018 | 5143 156th St. | 3 | 1.1 | 1,448 ft2 | 2 | 1959 | $209,900 | |
|
Oct 15, 2018 | 5030 W. 149th St. | 4 + 1* | 3.1 | 2,357 ft2 | 2 | 2000 | $328,400 | |
|
Oct 12, 2018 | 5131 167th St. | 3 | 2 | 1,100 ft2 | 1 | 1970 | $138,000 | |
|
Oct 12, 2018 | 15748 Arroyo Dr. | 3 | 2.1 | 1,992 ft2 | 2 | 1979 | $219,000 | |
|
Oct 12, 2018 | 6424 151st St. | 3 | 2 | 1,800 ft2 | 2 | 1968 | Forestview Hills | $225,000 |
|
Oct 11, 2018 | 4938 156th St. | 3 | 2 | 1,092 ft2 | 2.5 | 1979 | $198,000 | |
|
Oct 10, 2018 | 6812 Oak View Ct. | 2 | 2 | 1,600 ft2 | 2 | 2005 | Oakridge Carriage Homes | $159,700 |
|
Oct 9, 2018 | 15309 Oak Rd. | 3 | 2.1 | 1,597 ft2 | 2 | 1968 | $165,000 | |
|
Oct 9, 2018 | 14618 Club Circle Dr. | 3 | 2.1 | 2,050 ft2 | 2 | 1994 | Oak Forest Club | $245,000 |
|
Oct 8, 2018 | 5275 Diamond Dr. #A | 2 | 1.1 | 1,398 ft2 | 1 | 1995 | Diamonds of Oak Forest | $145,000 |
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 September decreased in volume by 5.1% when compared to last year, while the median sale price decreased by 2.2% from $185,000 to $181,000. The number of Single Family homes sales decreased by 18.2%, while the median sale price rose by 1.6% from $192,000 to $195,000. Condo/townhome sales rose by 66.7%, while the median sale price rose by 13.8% from $89,750 to $102,125.
|
293
|
291
|
330
|
344
|
| 2014 | 2015 | 2016 | 2017 |
| # of sales per year | |||
|
$155,000
|
$163,900
|
$167,950
|
$185,000
|
| 2014 | 2015 | 2016 | 2017 |
| 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 September in
| September | Year to Date (Jan 1 - October 17) | |||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | % Change | 2017 | 2018 | % Change | |
| Homes Sold | 39 | 37 | -5.1% | 218 | 364 | +67% |
| (Single Family) | 33 | 27 | -18.2% | 175 | 281 | +60.6% |
| (Condos/Townhomes) | 6 | 10 | +66.7% | 43 | 83 | +93% |
| Median Sale Price | $185,000 | $181,000 | -2.2% | $186,500 | $191,500 | +2.7% |
| (Single Family) | $192,000 | $195,000 | +1.6% | $203,000 | $209,900 | +3.4% |
| (Condos/Townhomes) | $89,750 | $102,125 | +13.8% | $99,500 | $113,500 | +14.1% |
| Days on Market | 28 | 26 | -7.1% | 24 | 18 | -25% |
| (Single Family) | 28 | 20 | -28.6% | 25 | 18 | -28% |
| (Condos/Townhomes) | 22 | 53 | +144.2% | 18 | 19 | +5.6% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Avenues Park 16600 Willowwick Drive |
Playground |
|
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Central Park 15601 Central Avenue |
Baseball Diamonds Basketball Courts Hiking Paths Skate Park Tennis Courts Volleyball Courts |
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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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