In February 2018, there were 29 homes sold, with a median sale price of $132,000 - a 23.9% decrease over the $173,500 median sale price for the same period of the previous year. There were 36 homes sold in Oak Forest in February 2017.
The median sales tax in Oak Forest for the most recent year with available data, 2017, was $5,632, approximately 4.3% of the median home sale price for February 2018.
The following table compares Oak Forest to other Cook County cities with similar median sales prices in February 2018:
| City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Summit | 8 | 10 | -20% | $145,000 | $137,500 | 5.5% |
| Glenwood | 4 | 13 | -69.2% | $143,500 | $115,000 | 24.8% |
| Matteson | 18 | 20 | -10% | $143,500 | $97,000 | 47.9% |
| Northlake | 11 | 13 | -15.4% | $140,000 | $142,000 | -1.4% |
| Lansing | 15 | 42 | -64.3% | $135,000 | $77,500 | 74.2% |
| Oak Forest | 29 | 36 | -19.4% | $132,000 | $173,500 | -23.9% |
| Alsip | 14 | 19 | -26.3% | $131,500 | $145,000 | -9.3% |
| Blue Island | 11 | 17 | -35.3% | $130,000 | $60,500 | 114.9% |
| River Grove | 9 | 13 | -30.8% | $125,000 | $175,000 | -28.6% |
| Merrionette Park | 1 | 1 | 0% | $122,000 | $145,000 | -15.9% |
| Indian Head Park | 3 | 4 | -25% | $121,500 | $303,000 | -59.9% |
Alerts Sign-up