From April to June, 155 homes sold in Oak Forest for a median price of $187,000. That's 1.9 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 16 homes in Oak Forest were in foreclosure.
Median property tax for homeowners in Oak Forest was $6,223.54 in 2017 according to tax data from that year. That means homeowners pay 3.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Oak Forest real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
60
$198,900
-
2010
67
$190,380
-4.3%
2011
52
$177,128
-7%
2012
77
$147,150
-16.9%
2013
85
$130,140
-11.6%
2014
87
$164,300
26.2%
2015
99
$159,000
-3.2%
2016
105
$161,700
1.7%
2017
132
$183,600
13.5%
2018
155
$187,000
1.9%
Median property tax
Median sale price
Effective property tax rate
2009
$5,211.63
$198,900
2.6%
2010
$5,923.99
$190,380
3.1%
2011
$5,315.25
$177,128
3%
2012
$5,613.90
$147,150
3.8%
2013
$5,111.72
$130,140
3.9%
2014
$5,484.10
$164,300
3.3%
2015
$5,472.55
$159,000
3.4%
2016
$5,712.51
$161,700
3.5%
2017
$6,223.54
$183,600
3.4%
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