Oak Forest, IL Housing Market Trends

Market Overview for Q3 2026

$317K 9.3% Y-o-Y $27K Y-o-Y
$237 5.8% Y-o-Y $13 Y-o-Y
76 -12.6% Y-o-Y -11 Y-o-Y
$370K 17% Y-o-Y $54K Y-o-Y
Oak Forest, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $265,000 $264,000 $275,000 $248,000
2023 $250,000 $252,000 $269,000 $255,000
2024 $275,000 $300,000 $284,000 $286,000
2025 $279,000 $310,000 $290,000 $285,000
2026 $280,000 $319,000 $317,000
Oak Forest, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $188 $198 $199 $189
2023 $204 $196 $217 $216
2024 $209 $223 $227 $227
2025 $215 $247 $224 $226
2026 $213 $250 $237
Real Estate Transactions in Oak Forest, IL
Year Q1 Q2 Q3 Q4
2022 93 126 126 58
2023 60 85 78 88
2024 59 83 90 76
2025 58 89 87 59
2026 62 82 76
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000
Oak Forest, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $265,000 $264,000 $275,000 $248,000
2023 $250,000 $252,000 $269,000 $255,000
2024 $275,000 $300,000 $284,000 $286,000
2025 $279,000 $310,000 $290,000 $285,000
2026 $280,000 $319,000 $317,000
Oak Forest, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $188 $198 $199 $189
2023 $204 $196 $217 $216
2024 $209 $223 $227 $227
2025 $215 $247 $224 $226
2026 $213 $250 $237
Real Estate Transactions in Oak Forest, IL
Year Q1 Q2 Q3 Q4
2022 93 126 126 58
2023 60 85 78 88
2024 59 83 90 76
2025 58 89 87 59
2026 62 82 76
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$153K
-19.9%
-
-
10
Other Residential
$345K
15%
$237
5.8%
66

Oak Forest, IL Housing Stock

Property Type
Units
Condo
1,671
Townhouse
131
Other
7,521

Cook County: Demographics

Total population
26,805
Median age
40.5
No high school education
2.8%
Some high school/college
33.8%
Bachelor's degree
20.0%
Average household income
$110,832
Occupied housing units
10,355
Owner-occupied units
82.4%
Renter-occupied units
17.6%
Median year structure built
1975

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Winnetka
$1.4M
2
Wilmette
$983K
3
Western Springs
$900K
4
Barrington
$780K
5
Glenview
$744K
6
Northbrook
$730K
7
Lemont
$725K
8
River Forest
$643K
9
Park Ridge
$598K
10
LA Grange
$529K
12
Evanston
$480K
13
Morton Grove
$463K
14
Oak Park
$450K
15
Mount Prospect
$438K
16
Skokie
$430K
17
Riverside
$430K
18
Harwood Heights
$424K
19
Orland Park
$412K
20
Hoffman Estates
$405K
21
Niles
$400K
22
Rolling Meadows
$395K
24
Palatine
$386K
25
Palos Heights
$379K
26
Prospect Heights
$378K
27
Westchester
$375K
28
Brookfield
$364K
29
Chicago
$360K
30
Forest Park
$360K
31
Melrose Park
$350K
32
Elmwood Park
$350K
33
Streamwood
$348K
34
Des Plaines
$340K
35
Schaumburg
$336K
36
Berwyn
$335K
37
Elgin
$327K
38
Wheeling
$326K
39
Oak Lawn
$310K
40
Burbank
$309K
41
Tinley Park
$305K
42
Cicero
$281K
43
Midlothian
$275K
44
Alsip
$269K
45
Palos Hills
$255K
46
Matteson
$250K
48
Homewood
$235K
49
South Holland
$223K
50
Chicago Heights
$208K
51
Lansing
$202K
52
Park Forest
$165K
53
Calumet City
$150K