Is Oak Forest, IL 60452 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Oak Forest is a seller’s market. With about 2.3 months of supply and 52% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score76/ 100

More competitive than 80% of U.S. ZIP codes, and #130 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.3Under 4 months = seller’s market
Sold above original list51.6%Share of sales, last 3 months
Median sale-to-list101.2%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$203▲ +3.5% vs. last year

The Oak Forest housing market right now

In the three months ending August 31, 2026, 52% of homes in Oak Forest, IL 60452 sold above their list price, the typical home went under contract in 47 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 96 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 55%, homes sold faster (49 days then) and the median sale price rose 9% to $316,384. Overall, Oak Forest is about as competitive as it was a year ago.

Within Cook County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Oak Forest ranks #130 of 464 IL ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.

Nearby markets

Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →

Where Oak Forest is

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Questions about Oak Forest real estate

Is Oak Forest a buyer’s or seller’s market?

A seller’s market: there were 2.3 months of supply in Oak Forest, IL 60452 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Oak Forest?

The typical home went under contract in 47 days in the latest three months.

Do homes in Oak Forest sell over asking?

52% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.

What are property taxes in Oak Forest?

About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.

What is the median home price in Oak Forest?

The median sale price was $316,384 in the three months ending August 31, 2026, about $203 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology