Oak Forest, IL housing market
The typical Oak Forest home is worth about $304,000, up 6.1% in a year, close to the Illinois typical home. Homes typically sell in 41 days, a little above asking.
Home values, sales, trends and how Oak Forest compares with the towns next door — updated as new data is published.
Oak Forest at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Oak Forest | Illinois |
|---|---|---|
| 2017 | $177,000 | $181,000 |
| 2018 | $187,000 | $190,000 |
| 2019 | $194,000 | $195,000 |
| 2020 | $201,000 | $200,000 |
| 2021 | $220,000 | $215,000 |
| 2022 | $248,000 | $236,000 |
| 2023 | $262,000 | $248,000 |
| 2024 | $272,000 | $263,000 |
| 2025 | $284,000 | $278,000 |
| 2026 | $292,000 | $290,000 |
| August 2026 | $304,000 | $298,000 |
Oak Forest and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Oak Forest | $304K | +6.1% | 41 | $91,990 |
| Midlothian | $242K | +4.7% | 52 | $70,000 |
| Country Club Hills | $217K | +5.3% | 71 | $75,197 |
| Orland Park | $413K | +6.1% | 40 | $98,910 |
| Markham | $157K | +2.7% | 85 | $57,302 |
3.3 years of income
The typical Oak Forest home costs about 3.3 years of the town's median household income, about the same as across Illinois (3.6).
How Oak Forest ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.