Current Price

$271,707

1 Month Forecast

â–² $295,681

1-Year Forecast *

â–² $313,962

5-Year Forecast *

â–² $356,787

"Is it a good time to buy homes in Oak Forest?" "Does investing in real estate in Oak Forest (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Oak Forest is a good short-term (1-year) investment*. The Oak Forest average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Oak Forest" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Oak Forest in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Oak Forest can be a profitable property investment option. The median price of an average house in Oak Forest was 271,707 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Oak Forest" area is 356,787 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +31.31% meaning that investing 100000 USD today may yield a profit of 31,313 USD by 2031.

Current Median Listing Price: 271,707 USD Median Listing Price Per Square Foot: 151 USD

Oak Forest Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Oak Forest (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Oak Forest Price Target

Oak Forest median home price target in 12 months: $313,962* (upside of 15.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $292,576 $293,601 $292,576 $293,601
2024 $260,288 $271,707 $260,288 $271,707
2023 $251,005 $260,450 $250,839 $260,450
2022 $237,198 $251,947 $237,198 $257,819
2021 $210,504 $234,825 $210,504 $234,825
2020 $192,150 $207,415 $192,150 $207,415
2019 $185,486 $190,826 $185,486 $190,826
2018 $179,351 $184,842 $179,351 $184,842
2017 $169,615 $177,945 $169,615 $177,945
2016 $163,277 $168,843 $163,277 $168,843
2015 $158,976 $162,232 $158,976 $162,232
2014 $149,523 $158,641 $149,523 $158,641
2013 $140,637 $148,063 $140,637 $148,063
2012 $147,496 $140,628 $140,628 $147,496

Questions & Answers about the Oak Forest Housing Market Forecast

How much does an average home cost in Oak Forest today?

The value of an average home (the listing price) in Oak Forest is $271,707 USD.

What is the average price per square foot in Oak Forest?

According to Walletinvestor the median price per square foot in Oak Forest is 151 USD.

Will the median listing price of homes in Oak Forest grow / rise / go up?

Yes. The Oak Forest home prices may rise from 271,707 USD to 313,962 USD in one year.

Is it profitable to invest in Oak Forest homes?

Yes. The long-term profit potential is +15.55% in one year.

Will Oak Forest house prices fall / drop?

No. See above.

What is the predicted price of a Oak Forest home in 2030?

The predicted home sales price of a Oak Forest home in 2030 in Oak Forest is 342,286 USD.

What is the predicted price of a Oak Forest home in 2035?

The predicted home sales price of a Oak Forest home in 2035 in Oak Forest is 411,655 USD.

Will real estate prices decrease in Oak Forest?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Oak Forest is the 2518. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Oak Forest decreased, looking at the past 12 months.

According to Walletinvestor's Oak Forest real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.324% to 271,707 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.672% in 2021
  • 15.172% in 2022
  • 13.922% in 2023
  • 16.712% in 2024
  • 16.132% in 2025
  • 17.322% in 2026

Based on our Oak Forest real estate market research and report the predicted sales prices will increase by 324.390% in the next 10 years.

Over the last 12 months, the value of homes in Oak Forest fluctuated: increasing 2 times and decreasing 2 times.

Oak Forest (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Oak Forest Housing Market Forecast with Real Estate Prices for 2025
August 2025 295681 272322 319040
September 2025 297776 273656 321896
October 2025 299886 273196 326576
November 2025 302010 277245 326775
December 2025 304057 287942 320172
Oak Forest Housing Market Forecast with Real Estate Prices for 2026
January 2026 304334 281813 326854
February 2026 304706 274540 334871
March 2026 305600 277791 333410
April 2026 307383 283714 331051
May 2026 309560 290677 328444
June 2026 311754 288372 335135
July 2026 313962 289473 338451
August 2026 316187 285516 346857
September 2026 318427 297411 339443
October 2026 320683 294387 346979
November 2026 321400 292152 350647
December 2026 320775 295113 346437
Oak Forest Housing Market Forecast with Real Estate Prices for 2027
January 2027 319250 298818 339682
February 2027 317733 295810 339657
March 2027 316226 286817 345635
April 2027 315554 298514 332593
May 2027 314374 290167 338581
June 2027 314166 289975 338356
July 2027 314554 290334 338775
August 2027 316143 287058 345228
September 2027 317580 288680 346480
October 2027 319178 294601 343754
November 2027 321318 290150 352485
December 2027 323327 295521 351133
Oak Forest Housing Market Forecast with Real Estate Prices for 2028
January 2028 324816 298181 351451
February 2028 325843 303360 348327
March 2028 326172 306275 346068
April 2028 326203 308915 343492
May 2028 326000 300246 351754
June 2028 327082 301243 352922
July 2028 329399 303706 355093
August 2028 331733 301877 361589
September 2028 334083 306689 361478
October 2028 335821 305933 365709
November 2028 337071 313139 361003
December 2028 337924 309539 366310
Oak Forest Housing Market Forecast with Real Estate Prices for 2029
January 2029 338394 310984 365804
February 2029 338507 319889 357125
March 2029 338830 306302 371357
April 2029 339179 313741 364618
May 2029 341582 307424 375740
June 2029 342033 316722 367343
July 2029 342286 322433 362138
August 2029 342525 313410 371639
September 2029 342030 320824 363236
October 2029 341634 313620 369648
November 2029 342779 319470 366087
December 2029 345207 320697 369717
Oak Forest Housing Market Forecast with Real Estate Prices for 2030
January 2030 347653 327489 367817
February 2030 350116 320006 380226
March 2030 352596 330735 374457
April 2030 354986 322327 387644
May 2030 355309 333635 376983
June 2030 355743 324082 387404
July 2030 356787 321822 391753
August 2030 358868 337695 380042
September 2030 361411 341172 381650
October 2030 363971 345045 382898
November 2030 366550 345657 387443
December 2030 369147 347367 390927
Oak Forest Housing Market Forecast with Real Estate Prices for 2031
January 2031 371762 341278 402247
February 2031 374396 342572 406220
March 2031 375233 351218 399248
April 2031 374504 354280 394727
May 2031 372724 347752 397697
June 2031 370953 334599 407306
July 2031 369193 349626 388760
August 2031 368408 335251 401565
September 2031 367031 334365 399696
October 2031 366788 346247 387328
November 2031 367241 339698 394784
December 2031 369096 338092 400100
Oak Forest Housing Market Forecast with Real Estate Prices for 2032
January 2032 370774 346673 394874
February 2032 372639 346927 398351
March 2032 375137 346627 403648
April 2032 377484 352947 402020
May 2032 379222 346988 411456
June 2032 380421 357976 402866
July 2032 380805 360241 401368

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.