Oak Forest, IL
Housing market overview · Updated weekly
$280,000median sale price
Homes sold
19
Last 12 weeks
Days on market
50
Average pace
Active listings
60
3.2 months supply
Sale-to-list
99.7%
Below asking
The Oak Forest housing market is currently classified as a balanced market with a median sale price of $280,000. Prices have fallen 3.5% compared to last year, with homes spending an average of 50 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Oak Forest
There are currently 60 homes listed for sale in Oak Forest, Illinois. The median listing price is $322K.
Active listings
60
Homes on market
Median list price
$322K
Avg. days on market
50
Days until sale
New this week
20
Newly listed
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Frequently asked questions
What is the average home price in Oak Forest?
The median home sale price in Oak Forest is $280,000, down 3.5% from last year.
How long do homes stay on market in Oak Forest?
Homes typically spend 50 days on market before going under contract.
Is Oak Forest a buyer's or seller's market?
With 3.2 months of supply, Oak Forest is currently a balanced market.
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