Oak Forest, IL Condo Market Report (In last 12 months)
Avg. List Price
$193,542
($170/Sqft.)
Year-Over-Year List Price
9.82%
Total Listings
79
Avg. Days on Market
50
Avg. Sale Price
$183,920
($161/Sqft.)
Year-Over-Year Sale Price
6.73%
Total Sold
75
Avg. HOA Fees/Sqft.
($6/monthly)
Avg. List Price
$193,542
($170/Sqft.)
Year-Over-Year List Price
9.82%
Oak Forest, IL Condo Market Report
Avg. List Price
$193,542
($170/Sqft.)
Year-Over-Year List Price
9.82%
Total Listings
79
Avg. Days on Market
50
Avg. Sale Price
$183,920
($161/Sqft.)
Year-Over-Year Sale Price
6.73%
Total Sold
75
Avg. HOA Fees/Sqft.
($6/monthly)
Oak forest, IL Condo Market Overview
Nestled in the heart of Illinois, Oak Forest offers a delightful blend of suburban charm and urban accessibility, making it an ideal destination for condo seekers. This vibrant community boasts a variety of living options, from modern high-rises to cozy, affordable townhomes, catering to diverse lifestyles and budgets. The neighborhoods are characterized by tree-lined streets, parks, and tranquil residential areas, perfect for both families and young professionals. Key highlights include the scenic paths of the Oak Forest Heritage Preserve, providing a picturesque backdrop for outdoor enthusiasts. Residents can enjoy a strong sense of community with local shops, dining options, and recreational facilities that foster a welcoming atmosphere. With excellent transportation links to downtown Chicago and access to quality schools, Oak Forest stands out as a suburb that balances convenience with a peaceful suburban lifestyle. Discover the charm of this hidden gem, where each day offers new opportunities for relaxation and connection.
7 Listed For Sale NowCondos For Sale In Oak Forest, IL
Popular Condos Neighborhoods in Oak Forest, IL
Explore Oak Forest, IL Neighborhoods
Nestled in the heart of Illinois, this tranquil suburb is celebrated for its lush greenery, family-friendly atmosphere, and vibrant community spirit. With an array of parks, local boutiques, and easy access to Chicago's urban attractions, residents enjoy a perfect balance of serene living and city convenience, making it an ideal place to call home.
Frequently Asked Questions About Oak Forest, IL
What is it like to live in Oak Forest?
Oak Forest offers a suburban lifestyle with a mix of single-family homes and some multi-family units, appealing to families and commuters alike. The city has a well-maintained infrastructure, including parks and public transportation options such as the Metra train service, providing easy access to Chicago.
Is Oak Forest expensive?
Oak Forest offers a relatively affordable real estate market compared to nearby Chicago, with average home prices around $250,000 to $300,000. The cost of living is lower than the national average, making it an attractive option for families and commuters seeking affordable housing with access to public transportation.
How much is a condo in Oak Forest?
Condos in Oak Forest typically range from $150,000 to $300,000, depending on size and amenities. The real estate market here is characterized by more affordable options compared to larger cities, attracting first-time buyers and families.
What are the safest neighborhoods in Oak Forest?
Oak Forest is recognized for its low crime rates, particularly in areas like the Oak Forest Estates and Timber Ridge neighborhoods, making them some of the safest in the city. The community features well-maintained parks and schools, contributing to a family-friendly environment.
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