The Oak Forest housing market is somewhat competitive. Homes in Oak Forest receive 4 offers on average and sell in around 57 days. The median sale price of a home in Oak Forest was $305K last month, down 1.5% since last year. The median sale price per square foot in Oak Forest is $199, up 0.3% since last year.
What is the housing market like in Oak Forest today?
In May 2025, Oak Forest home prices were down 1.5% compared to last year, selling for a median price of $305K. On average, homes in Oak Forest sell after 57 days on the market compared to 46 days last year. There were 24 homes sold in May this year, down from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$305,250
-1.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Oak Forest, IL
$305,250
-1.5%
United States
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How hot is the Oak Forest housing market?
Oak Forest is somewhat competitive. Homes sell in 49 days.
0
100
67
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 49 days.
Hot homes
can sell for about 3% above list price and go pending in around 37 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Oak Forest
Explore recent offers and recently sold homes in Oak Forest
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oak Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oak Forest.
Flood Factor - Minor
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oak Forest has a minor risk of flooding. 1,000 properties in Oak Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in Oak Forest. Flood risk is increasing slower than the national average.
29% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oak Forest has a moderate risk of wildfire. There are 2,609 properties in Oak Forest that have some risk of being affected by wildfire over the next 30 years. This represents 29% of all properties in Oak Forest.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Oak Forest has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oak Forest is most at risk from hurricanes. 8,808 properties in Oak Forest have some risk of being in a severe wind event within the next 30 years.