Housing in Oak Forest, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$267,500
Median List Price
$260,000
Price Per Sq Ft
$198
Days on Market
57
Active Inventory
62
Months of Supply
2.8
Seller's market
Zillow Home Value
$278,506
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
22.7%
Off Market in 2 Weeks
40.6%
Sale-to-List Ratio
99.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
22
New Listings
29
Pending Sales
32
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$198
Median List $/SF
$181
Oak Forest vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Oak Forest is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$247,800
Median Rent
$1,287
Total Housing Units
10,732
Vacancy Rate
3.5%
Owner Occupied
79.6%
Renter Occupied
20.4%
Median Property Tax
$6,496
per year
Monthly Cost (w/ Mortgage)
$1,538
Housing Types
The current median sale price in Oak Forest, IL is $267,500 according to Redfin data. Homes spend a median of 57 days on the market. 22.7% of homes sold above asking price. The market has 2.8 months of supply. The median price per square foot is $198. The median rent is $1,287 per month (Census ACS). About 79.6% of housing units are owner-occupied. The median year homes were built is 1975. There are 10,732 total housing units.