In June 2019, there were 46 homes sold, with a median sale price of $185,250 - a 2.5% decrease over the $190,000 median sale price for the same period of the previous year. There were 58 homes sold in Oak Forest in June 2018.
The median sales tax in Oak Forest for the most recent year with available data, 2018, was $5,572, approximately 3% of the median home sale price for June 2019.
The following table compares Oak Forest to other Cook County cities with similar median sales prices in June 2019:
City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lynwood | 5 | 11 | -54.5% | $190,000 | $173,000 | 9.8% |
Olympia Fields | 21 | 10 | 110% | $190,000 | $215,000 | -11.6% |
Franklin Park | 32 | 17 | 88.2% | $187,500 | $200,000 | -6.3% |
Indian Head Park | 10 | 9 | 11.1% | $187,500 | $259,500 | -27.7% |
Alsip | 28 | 29 | -3.4% | $187,000 | $144,500 | 29.4% |
Oak Forest | 46 | 58 | -20.7% | $185,250 | $190,000 | -2.5% |
Bridgeview | 25 | 13 | 92.3% | $185,000 | $210,000 | -11.9% |
Schiller Park | 16 | 17 | -5.9% | $184,750 | $193,000 | -4.3% |
Oak Lawn | 77 | 100 | -23% | $183,000 | $193,000 | -5.2% |
Roselle | 3 | 9 | -66.7% | $179,000 | $174,500 | 2.6% |
Worth | 30 | 26 | 15.4% | $176,500 | $165,500 | 6.6% |