Home prices
The median home price in Oak Forest is $194,200. Compared to its surrounding areas it is approximately $73,620 (61%) higher.It is approximately $23,300 (10%) lower compared to the rest of the nation, and it is about $63,800 (24%) lower in comparison to the city of Chicago.
Rents
In Oak Forest the median monthly rent is $1,080. In comparison to its surrounding areas it is approximately $12 (1%) lower.In comparison to the United States as a whole it is roughly $18 (1%) higher, and is about $32 (2%) lower in comparison to the city of Chicago.
Nearby places
Midlothian
Midlothian is Oak Forest's neighbor to the northeast. Its housing prices are somewhat less expensive. The median home in Midlothian is valued at $150,400, which is $43,800 (29%) lower than Oak Forest. The rent there is fairly similar. The median rent in Midlothian is $1,034 per month, which is $46 (4%) lower than Oak Forest.
Markham
Markham is Oak Forest's neighbor to the east. The real estate prices there are significantly less expensive. Markham's median home value is $90,000, which works out to $104,200 (115%) lower than Oak Forest. Its rents are a little more expensive. Markham's median rent is $1,261 per month, which comes out to $181 (14%) higher than Oak Forest.
Country Club Hills
Country Club Hills is Oak Forest's neighbor to the southeast. Its housing prices are substantially less expensive. The median home in Country Club Hills costs $131,800, which comes out to $62,400 (47%) lower than Oak Forest. The rent there is somewhat more expensive. In Country Club Hills the median monthly rent is $1,345, which comes out to $265 (19%) higher than Oak Forest.
Crestwood
Crestwood is approximately 2 miles north of Oak Forest. Its housing prices are a little less expensive. The value of the median home in Crestwood is $154,300, which works out to $39,900 (25%) lower than Oak Forest. Rents there are a little less expensive. Crestwood's median rent is $927 per month, which comes out to $153 (16%) lower than Oak Forest.
Robbins
Robbins is roughly 3 miles northeast of Oak Forest. Housing prices there are substantially less expensive. The value of the median home in Robbins is $76,400, which is $117,800 (154%) lower than Oak Forest. Its rents are a bit less expensive. In Robbins the median rent is $894 per month, which comes out to $186 (20%) lower than Oak Forest.
