Oak Forest Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Oak Forest home sales for the month of February rose in volume by 4.8% when compared to last year, while the median sale price rose by 7.1% from $182,000 to $195,000. The number of Single Family homes sales rose by 6.3%, while the median sale price rose by 8.9% from $197,500 to $215,000. Condo/townhome sales stayed the same, while the median sale price rose by 45.5% from $110,000 to $160,000.

» View homes for sale in Oak Forest   » View all recent sales in Oak Forest

Median Sale Prices for Oak Forest

172k
193k
144k
182k
192k
222k
188k
182k
201k
227k
214k
202k
186k
194k
219k
195k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Oak Forest

30
33
23
21
30
48
45
42
50
31
40
40
27
24
27
22
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Oak Forest

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 21 22 +4.8% 48 49 +2.1%
(Single Family) 16 17 +6.3% 33 38 +15.2%
(Condos/Townhomes) 5 5 0% 15 11 -26.7%
Median Sale Price $182,000 $195,000 +7.1% $181,000 $197,000 +8.8%
(Single Family) $197,500 $215,000 +8.9% $199,900 $220,000 +10.1%
(Condos/Townhomes) $110,000 $160,000 +45.5% $117,000 $114,000 -2.6%
Days on Market 46 28 -39.1% 29 30 +3.4%
(Single Family) 54 23 -57.4% 30 28 -6.7%
(Condos/Townhomes) 6 55 +816.7% 24 35 +45.8%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Oak Forest? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Oak Forest?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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