All Countries
Oak Forest, IL
Full City Profile · Illinois · Will County County
3.5
/5.0
B+
Good
26,888
Population
4,459/sq mi density
$87,941
Median Income
$41,268 per capita
$247,800
Home Value
$283,722 Zillow
$1,287
Median Rent
24.2% income on rent
53°F
Avg Temperature
275 sunny days/yr
187
Violent Crime/100K
1,035 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$87,941 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$247,800 home value, $1,287/mo rent
F
Safety
1.0 / 5.0
187 violent crimes/100K
B
Education
3.4 / 5.0
30.1% bachelor's degree or higher
Housing Overview
Median Home Value
$247,800
12% below
US avg: $281,900
Median Rent
$1,287/mo
11% above
US avg: $1,163/mo
Homeownership Rate
79.6%
22% above US avg (65.4%)
Total Housing Units
10,493
Median year built: 1975
Home Value by Source
Census Median
$247,800
Zillow (ZHVI)
$283,722
Median Sale Price
$280,000
Median List Price
$321,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.6%
Owner-Occupied
20.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,287/mo
· Zillow rent:
$1,799/mo
Market Indicators (Redfin)
Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
60
homes for sale
Affordability & Housing Stock
Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
79.6%
Complete Housing Data
Home Values
| Census Median Value | $247,800 |
| Zillow Home Value (ZHVI) | $283,722 |
| Median Sale Price | $280,000 |
| Median List Price | $321,500 |
| Price Per Sq Ft | $188 |
Rent
| Census Median Rent | $1,287 |
| Zillow Rent (ZORI) | $1,799 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 50 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 19 |
| Active Inventory | 60 |
| Price Per Sq Ft | $188 |
Ownership & Stock
| Owner-Occupied | 79.6% |
| Renter-Occupied | 20.4% |
| Homeownership Rate | 79.6% |
| Total Housing Units | 10,493 |
| Median Year Built | 1975 |
| Rent Burden | 24.2% |