From July to September, 155 homes sold in Oak Forest for a median price of $181,000. That's 2.6 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 6 homes in Oak Forest were in foreclosure.
Median property tax for homeowners in Oak Forest was $6,045.40 in 2017 according to tax data from that year. That means homeowners pay 3.3 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
77
$198,900
-
2010
45
$190,380
-4.3%
2011
69
$158,200
-16.9%
2012
95
$147,150
-7%
2013
95
$152,280
3.5%
2014
118
$165,890
8.9%
2015
133
$169,600
2.2%
2016
144
$173,250
2.2%
2017
122
$185,895
7.3%
2018
155
$181,000
-2.6%
Median property tax
Median sale price
Effective property tax rate
2009
$5,112.44
$198,900
2.6%
2010
$5,345.96
$190,380
2.8%
2011
$5,317.63
$158,200
3.4%
2012
$5,274.45
$147,150
3.6%
2013
$5,593.48
$152,280
3.7%
2014
$5,474.45
$165,890
3.3%
2015
$5,583.86
$169,600
3.3%
2016
$5,683.80
$173,250
3.3%
2017
$6,045.40
$185,895
3.3%
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