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Today: September 22, 2025

Current Price

$271,707

1 Month Forecast

$295,701

1-Year Forecast *

$317,719

5-Year Forecast *

$363,592

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Oak Forest" area is 363,592 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +33.82% meaning that investing 100000 USD today may yield a profit of 33,818 USD by 2030.

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: 2025-2031

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: $317,719* (upside of 16.9%)

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 $149,728 $140,628 $140,628 $149,728

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 317,719 USD in one year.

Is it profitable to invest in Oak Forest homes?

Yes. The long-term profit potential is +16.93% 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 363,592 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 450,268 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 increased, 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 increased by 0.232% to 271,707 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 17.174% in 2020
  • 15.954% in 2021
  • 17.214% in 2022
  • 18.404% in 2023
  • 15.334% in 2024
  • 18.184% in 2025

Based on our Oak Forest real estate market research and report the predicted sales prices will increase by 377.992% in the next 10 years.

Over the last 12 months, the value of homes in Oak Forest fluctuated: increasing 8 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 2025, 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 295701 272637 318766
September 2025 297817 282926 312708
October 2025 299947 277751 322143
November 2025 302093 282457 321729
December 2025 304254 285694 322813
Oak Forest Housing Market Forecast with Real Estate Prices for 2026
January 2026 306430 278545 334316
February 2026 308623 282390 334855
March 2026 310830 285342 336318
April 2026 313054 284253 341855
May 2026 315293 299213 331373
June 2026 317430 287909 346951
July 2026 317719 296114 339324
August 2026 318107 287887 348327
September 2026 319041 299260 338822
October 2026 320902 295871 345932
November 2026 323197 302836 343559
December 2026 325509 302398 348621
Oak Forest Housing Market Forecast with Real Estate Prices for 2027
January 2027 327838 311446 344230
February 2027 330183 307401 352966
March 2027 332545 299956 365135
April 2027 334924 306790 363058
May 2027 335673 312847 358499
June 2027 335020 306544 363497
July 2027 333537 304185 362888
August 2027 332059 303834 360284
September 2027 330589 307448 353730
October 2027 329886 307454 352318
November 2027 328652 310248 347057
December 2027 328435 298876 357994
Oak Forest Housing Market Forecast with Real Estate Prices for 2028
January 2028 328841 298259 359423
February 2028 330502 309020 351985
March 2028 332004 307768 356240
April 2028 333675 313988 353361
May 2028 335912 312398 359425
June 2028 338013 307591 368434
July 2028 339569 305952 373186
August 2028 340643 312029 369257
September 2028 340986 316776 365196
October 2028 341019 311692 370347
November 2028 340807 317291 364323
December 2028 341938 316293 367583
Oak Forest Housing Market Forecast with Real Estate Prices for 2029
January 2029 344384 320621 368146
February 2029 346848 316672 377023
March 2029 349329 330116 368542
April 2029 351146 332535 369757
May 2029 352453 331305 373600
June 2029 353345 323311 383379
July 2029 353837 334022 373651
August 2029 353955 329532 378377
September 2029 354292 330200 378383
October 2029 354657 330186 379128
November 2029 357194 337906 376483
December 2029 357665 327621 387709
Oak Forest Housing Market Forecast with Real Estate Prices for 2030
January 2030 357930 324284 391575
February 2030 358180 328093 388267
March 2030 357662 325115 390209
April 2030 357248 335456 379040
May 2030 358445 338372 378518
June 2030 361009 341515 380504
July 2030 363592 331959 395224
August 2030 366193 346052 386333
September 2030 368812 347053 390572
October 2030 371451 338392 404510
November 2030 374108 338194 410022
December 2030 376784 357191 396377
Oak Forest Housing Market Forecast with Real Estate Prices for 2031
January 2031 379480 351398 407561
February 2031 382194 355058 409330
March 2031 384928 347590 422266
April 2031 387537 363897 411176
May 2031 387889 366943 408835
June 2031 388364 354188 422539
July 2031 389504 363407 415600
August 2031 391775 364743 418808
September 2031 394578 364985 424171
October 2031 397401 371172 423629
November 2031 400244 365823 434665
December 2031 403107 374889 431324
Oak Forest Housing Market Forecast with Real Estate Prices for 2032
January 2032 405990 375135 436846
February 2032 408895 382725 435064
March 2032 409809 376615 443004
April 2032 409012 381199 436825
May 2032 407201 386026 428375
June 2032 405397 367290 443505
July 2032 403602 367278 439926
August 2032 402744 372538 432949
September 2032 401238 379972 422503
October 2032 400972 368894 433050
November 2032 401468 376577 426359
December 2032 403496 375655 431337
Oak Forest Housing Market Forecast with Real Estate Prices for 2033
January 2033 405330 377362 433297
February 2033 407369 373150 441588
March 2033 410100 369910 450290
April 2033 412665 389143 436187
May 2033 414565 382644 446487
June 2033 415876 376784 454969
July 2033 416296 392983 439608

> 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.