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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 95 single family homes with an average list price of $210,097 and 23 condos/townhomes with an average list price of $126,326. The average annual property tax for Oak Forest is $5,050.
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. |
$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 |
$161,000 |
|
|
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 |
$253,750 |
|
|
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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Jan 17, 2019 | 14526 Linder Ct. #G2 | 1 | 1 | 800 ft2 | 0 | 1978 | Scarborough Fare | $78,000 |
|
Jan 16, 2019 | 15200 Alameda Ave. | 4 | 2 | 1,200 ft2 | 2 | 1970 | $160,000 | |
|
Jan 16, 2019 | 15423 Betty Ann Ln. | 3 | 2 | 1,609 ft2 | 2 | 1967 | Natalie Estates | $199,900 |
|
Jan 15, 2019 | 15034 Jones Ct. | 3 | 2 | 1,446 ft2 | 2.5 | 1986 | $229,000 | |
|
Jan 15, 2019 | 14501 Central Ct. #4 | 2 | 2 | — | 1 | Scarborough Fare | $117,000 | |
|
Jan 14, 2019 | 16034 Lorel Ave. | 3 | 2 | 1,500 ft2 | 2 | 1986 | $183,900 | |
|
Jan 11, 2019 | 6865 Forestview Dr. #3C | 2 | 2 | 1,000 ft2 | 1 | 2002 | $137,000 | |
|
Jan 11, 2019 | 16504 Brenden Ln. | 3 | 1.1 | — | 1 | 1964 | $108,000 | |
|
Jan 11, 2019 | 5835 Colina Ave. | 3 | 2 | — | 1 | 1966 | $125,000 | |
|
Jan 10, 2019 | 16450 Roy St. | 3 | 1.1 | 1,073 ft2 | 2 | 1967 | $105,300 |
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 December rose in volume by 20.7% when compared to last year, while the median sale price decreased by 11.6% from $215,000 to $190,000. The number of Single Family homes sales rose by 11.5%, while the median sale price decreased by 10.6% from $220,250 to $197,000. Condo/townhome sales rose by 100%, while the median sale price decreased by 26.7% from $110,000 to $80,600.
|
284
|
327
|
340
|
439
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$164,500
|
$167,900
|
$185,500
|
$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 December in
| December | Year to Date (Jan 1 - January 18) | |||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 29 | 35 | +20.7% | 9 | 13 | +44.4% |
| (Single Family) | 26 | 29 | +11.5% | 8 | 9 | +12.5% |
| (Condos/Townhomes) | 3 | 6 | +100% | 1 | 4 | +300% |
| Median Sale Price | $215,000 | $190,000 | -11.6% | $200,000 | $137,000 | -31.5% |
| (Single Family) | $220,250 | $197,000 | -10.6% | $201,250 | $183,900 | -8.6% |
| (Condos/Townhomes) | $110,000 | $80,600 | -26.7% | $96,550 | $121,000 | +25.3% |
| Days on Market | 32 | 20 | -37.5% | 18 | 23 | +27.8% |
| (Single Family) | 29 | 22 | -22.8% | 18 | 22 | +22.2% |
| (Condos/Townhomes) | 62 | 20 | -68.5% | 56 | 61 | +8.9% |
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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