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Oak Forest, IL Real Estate & Property Data

Oak Forest Real Estate Market Trends

Last Updated: May 01, 2024

Accurate and comprehensive real estate data is critical for insight into Oak Forest, IL. ATTOM’s Oak Forest real estate data is updated daily, and current market trends show that in Oak Forest, IL a total of 372 residential properties have sold over the past year. With a median home price of $304,000 in Oak Forest and a total of 12 foreclosures. Get detailed property data for Oak Forest, IL instantly. ATTOM is your one-stop-shop for the Oak Forest property reports and real estate data you need in Oak Forest, IL.

Oak Forest Real Estate Market Trends

Get property data for any address in Oak Forest, IL or the country:

Total Residential Properties 9,429

Total Commercial Properties 421

Avg. Home Age (Single Family Home) 53 Years

Avg. Square Feet (Single Family Home) 1,482

Total 2024 Residential Sales (year-to-date) 69

% of Homes Seriously Underwater (Q2 2024) 0.74%

Total 2023 Residential Sales 347

% of Equity Rich Homes (Q2 2024) 38.72%

Effective 2023 Property Tax 2.2%

Total Foreclosure Filings (year-to-date) 19

Oak Forest, IL Real Estate Overview

There were 372 residential properties sold in the past year in Oak Forest, IL. The median home value in Oak Forest, IL is $259,322. There are a total of 9,429 residential properties in the Oak Forest.

Median Sales Price i

$304,000

(Mar 2024)

+7.6%

year-over-year

y-o-y

March '24 Mar '24 $304,000
February '24 Feb '24 $313,250
January '24 Jan '24 $317,500
December '23 Dec '23 $280,000
November '23 Nov '23 $287,250
October '23 Oct '23 $277,000
September '23 Sep '23 $313,000
August '23 Aug '23 $298,000
July '23 Jul '23 $275,500
June '23 Jun '23 $300,250
May '23 May '23 $292,500
April '23 Apr '23 $287,000

Median Down Payment i

$26,000

(Mar 2024)

+4%

year-over-year

y-o-y

March '24 Mar '24 $26,000
February '24 Feb '24 $16,000
January '24 Jan '24 $29,580
December '23 Dec '23 $25,363
November '23 Nov '23 $16,134
October '23 Oct '23 $13,100
September '23 Sep '23 $26,500
August '23 Aug '23 $9,600
July '23 Jul '23 $19,200
June '23 Jun '23 $13,150
May '23 May '23 $16,575
April '23 Apr '23 $9,679

Number of Homes Sold i

25

(Mar 2024)

-3.8%

year-over-year

y-o-y

March '24 Mar '24 25
February '24 Feb '24 21
January '24 Jan '24 23
December '23 Dec '23 40
November '23 Nov '23 21
October '23 Oct '23 27
September '23 Sep '23 33
August '23 Aug '23 28
July '23 Jul '23 22
June '23 Jun '23 34
May '23 May '23 39
April '23 Apr '23 33

Number of Purchase Loans i

24

(Mar 2024)

+33.3%

year-over-year

y-o-y

March '24 Mar '24 24
February '24 Feb '24 15
January '24 Jan '24 22
December '23 Dec '23 39
November '23 Nov '23 22
October '23 Oct '23 23
September '23 Sep '23 35
August '23 Aug '23 31
July '23 Jul '23 24
June '23 Jun '23 34
May '23 May '23 27
April '23 Apr '23 31

Number of REFI Loans i

16

(Mar 2024)

+23.1%

year-over-year

y-o-y

March '24 Mar '24 16
February '24 Feb '24 18
January '24 Jan '24 23
December '23 Dec '23 25
November '23 Nov '23 21
October '23 Oct '23 14
September '23 Sep '23 16
August '23 Aug '23 23
July '23 Jul '23 13
June '23 Jun '23 17
May '23 May '23 13
April '23 Apr '23 13

Number of HELOC Loans i

10

(Mar 2024)

+100%

year-over-year

y-o-y

March '24 Mar '24 10
February '24 Feb '24 3
January '24 Jan '24 10
December '23 Dec '23 4
November '23 Nov '23 4
October '23 Oct '23 6
September '23 Sep '23 3
August '23 Aug '23 7
July '23 Jul '23 6
June '23 Jun '23 5
May '23 May '23 12
April '23 Apr '23 3

Oak Forest, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60452
$259,322 $175.02/sqft

Oak Forest, IL Foreclosure Activity

There were a total of 12 Oak Forest, IL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

12

(Mar 2024)

+71.4%

year-over-year

y-o-y

March '24 Mar '24 12
February '24 Feb '24 7
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 1
September '23 Sep '23 3
August '23 Aug '23 6
July '23 Jul '23 9
June '23 Jun '23 5
May '23 May '23 7
April '23 Apr '23 6

Foreclosure Starts i

11

(Mar 2024)

+120%

year-over-year

y-o-y

March '24 Mar '24 11
February '24 Feb '24 5
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 2
August '23 Aug '23 5
July '23 Jul '23 4
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 4

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A

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