Photo: Dennisyerger84 · CC BY-SA 4.0345 homes sold in Oak Forest in the last year, at a typical $290K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oak Forest homes are listed.
Every place Oak Forest homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Oak Forest.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Oak Forest’s sales are condos, at $122K less than a house
251 houses and 83 condos sold in the year to May 2026. Houses sell faster.
typical sale · 251 sold in 12 months
- Per square foot
- $206IL $180
- Days to sell
- 49
- Sold over asking
- 48%
- Listings with a price cut
- 24%
typical sale · 83 sold in 12 months
- Per square foot
- $174IL $251
- Days to sell
- 59
- Sold over asking
- 43%
- Listings with a price cut
- 25%
Townhouses: 11 sold, typical $249K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.9 times the 2016 price
345 sales in the last year, against 524 in 2021 and a low of 286 in 2012. The typical sale went from $157K in 2016 to $290K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Oak Forest
Check a listing against what Oak Forest homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Oak Forest are more common than before the pandemic, but 43% fewer homes come up for sale
We read every month of Oak Forest’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 345 sales.
If you’re buying in Oak Forest
- Shop in March. It brings about 43 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
- Less room to haggle. Only 23% of listings cut their price, against 27% before the pandemic.
- Bid near asking. Buyers paid 100% of the list price on average; 46% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 51 days.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 51 a month), but May is the most competitive: 43% of May sales close over asking. March offers nearly as much choice with fewer homes bid up (29%). January has the least competition (26%) but only about 29 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Illinois
| Oak Forest now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 46% | 21% | 60% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 31% | 64% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | 27% | 28% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 100% | 97.2% | 101.2% | 99.2% |
| Days to sellMedian days from listing to contract | 51 | 61 | 10 | 49 |
72 homes for sale on a typical day
That’s twice the 2021 low (36), 43% fewer than in 2017–19 and well under 2012’s 170.
1 in 4 listings has cut its price
23% in the last year, against 27% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 51%, condos 62%
A house typically sold for $318K in the last year (251 sales), a condo for $196K (83).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Oak Forest ranks 49th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Oak Forest is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Oak Forest home costs about $2,137 a month
Price: Oak Forest’s typical sale, last 12 months. Property tax at Oak Forest’s 2.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oak Forest is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 20.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $290K home, about $7,500 a year.
Taxes vs. neighborsSchools
The schools grade for Oak Forest, from test results, graduation and how much students grow.
Schools in Oak ForestTypical commute
The average one-way trip to work for people who live in Oak Forest.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Crestwood, Markham, Country Club Hills and Robbins sell for less a square foot
The busier markets within 25 miles of Oak Forest, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Tinley Park | 840 | $322K | $190 | 40% | 51 |
| Oak Forest | 345 | $290K | $192 | 46% | 51 |
| Country Club Hills | 218 | $225K | $140 | 39% | 72 |
| Markham | 183 | $166K | $139 | 50% | 84 |
| Crestwood | 182 | $188K | $169 | 35% | 48 |
| Midlothian | 176 | $246K | $194 | 43% | 62 |
| Robbins | 31 | $109K | $96 | 35% | 64 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Oak Forest, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oak Forest. People who follow the town see it, and so do people comparing Oak Forest with their own town. No commission, no listing fee.
Questions about buying a home in Oak Forest
What do homes sell for in Oak Forest, IL?
345 homes sold in the year to May 2026 at a typical $290K, $192 a square foot. Houses sold for about $318K, condos for about $196K.
Is Oak Forest a buyer’s or seller’s market?
A seller’s market: 68 homes were for sale in May 2026 and 34 sold, about 2 months of supply. Buyers paid 100% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Oak Forest?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Oak Forest?
About 2.6% of a home’s value a year. On a $290K home that’s near $7,500.
Where can I see homes for sale in Oak Forest?
Zillow, Redfin, Realtor.com and Homes.com all carry Oak Forest’s MLS listings; the search links above open each one filtered to Oak Forest.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).