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Oak Forest, IL Housing

 
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As of 2006-2010, median price of a house in Oak Forest is $221,400, which is higher than the state average of $191,800 and is higher than the national average of $179,900. The Oak Forest median house value has grown by 48.39% since 2000. The growth rate for the price of a house in Oak Forest is about the same as the state average rate of 46.64% and is lower than the national average rate of 50.42%. The median year that a house in Oak Forest was built is 1971, which is newer than the median year for a house built in the state which is 1965 and is older than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 7,822 Owner Occupied Houses in Oak Forest, IL, #197
Oak Forest, IL
221,400 USD
Illinois
202,500 USD
U.S.
188,400 USD
Median House Price Growth Since 2000, #453
Oak Forest, IL
48.39%
Illinois
46.64%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

 Oak Forest, IL%IllinoisU.S.
Total Housing Units10,672, see rank100%5,296,715131,704,730
Occupied Housing Units10,20895.65%, see rank91.32%88.62%
Owner Occupied8,32778.03%, see rank61.62%57.69%
Renter Occupied1,88117.63%, see rank29.70%30.93%
Vacant Housing Units4644.35%, see rank8.68%11.38%
For Rent1821.71%, see rank3.00%3.14%
For Sale Only1301.22%, see rank1.56%1.44%
Rented or Sold, Not Occupied210.20%, see rank0.47%0.48%
For Seasonal, Recreational, or Occasional Use140.13%, see rank0.89%3.53%
For Migrant Workers00.00%, see rank0.01%0.02%
Other Vacant1171.10%, see rank2.75%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #363
Oak Forest, ILIllinoisU.S.
197119651975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

 Oak Forest, IL%IllinoisU.S.
Owner-Occupied Units7,822100%3,300,69176,089,650
With a Mortgage5,76773.73%, see rank69.57%67.94%
Without a Mortgage2,05526.27%, see rank30.43%32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Oak Forest, IL
1,745 USD
Illinois
1,692 USD
U.S.
1,524 USD

Owner Costs Distribution
Monthly Owner CostsOak Forest, IL%IllinoisU.S.
$299 or Less450.78%, see rank0.14%0.22%
$300 to $499410.71%, see rank1.34%1.85%
$500 to $699671.16%, see rank4.09%5.39%
$700 to $9994257.37%, see rank11.35%14.41%
$1,000 to $1,4991,42424.69%, see rank23.89%27.08%
$1,500 to $1,9991,97834.30%, see rank22.77%19.94%
$2,000 to $2,9991,53326.58%, see rank24.26%19.39%
$3,000 or More2544.40%, see rank12.16%11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oak Forest, IL
25.70% of the Total Income
Illinois
25.70% of the Total Income
U.S.
25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Oak Forest, IL%IllinoisU.S.
10% or Less2874.98%, see rank4.17%4.85%
10% to 20%1,50426.08%, see rank27.76%28.90%
20% to 30%1,83631.84%, see rank28.97%28.42%
30% to 40%91015.78%, see rank15.91%15.27%
40% or More1,23021.33%, see rank22.80%22.15%

*Based on 2006-2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Oak Forest, IL
564 USD
Illinois
530 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsOak Forest, IL%IllinoisU.S.
$199 or Less472.29%, see rank4.33%8.92%
$200 to $2991165.64%, see rank10.38%16.68%
$300 to $49955527.01%, see rank31.02%35.65%
$500 to $69974036.01%, see rank26.42%20.07%
$700 or More59729.05%, see rank27.85%18.68%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oak Forest, IL
13.90% of the Total Income
Illinois
13.70% of the Total Income
U.S.
12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Oak Forest, IL%IllinoisU.S.
10% or Less63831.05%, see rank33.64%38.92%
10% to 20%73135.57%, see rank34.87%31.98%
20% to 30%24411.87%, see rank13.93%12.67%
30% to 40%1698.22%, see rank6.49%5.90%
40% or More1929.34%, see rank10.17%9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Oak Forest, IL%IllinoisU.S.
Total Housing Units9,874100%5,267,614130,038,080
1-unit, Detached6,95370.42%, see rank58.49%61.62%
1-unit, Attached2652.68%, see rank5.79%5.74%
2 Units410.42%, see rank6.01%3.88%
3 or 4 Units1721.74%, see rank6.78%4.47%
5 to 9 Units8478.58%, see rank6.21%4.84%
10 or More Units1,50515.24%, see rank13.96%12.68%
Mobile Home, Boat, RV, Van, etc.910.92%, see rank2.76%6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

 Oak Forest, IL%IllinoisU.S.
Total Housing Units9,874100%5,267,614130,038,080
1 Room1781.80%, see rank1.89%1.59%
2 Rooms880.89%, see rank2.25%2.62%
3 Rooms5265.33%, see rank8.07%9.02%
4 Rooms1,26512.81%, see rank16.25%16.85%
5 Rooms1,84318.67%, see rank20.76%20.93%
6 Rooms2,21322.41%, see rank18.53%18.56%
7 Rooms1,61416.35%, see rank12.32%12.38%
8 Rooms1,30913.26%, see rank8.96%8.39%
9 Rooms or More8388.49%, see rank10.96%9.65%
Median Rooms6.00, see rank-5.505.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

 Oak Forest, IL%IllinoisU.S.
Total Housing Units9,874100%5,267,614130,038,080
No Bedroom2042.07%, see rank2.27%1.84%
1 Bedroom6776.86%, see rank11.63%11.32%
2 Bedrooms2,21222.40%, see rank29.13%27.20%
3 Bedrooms4,84049.02%, see rank36.90%39.80%
4 Bedrooms1,65916.80%, see rank15.99%15.80%
5 or More Bedrooms2822.86%, see rank4.07%4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

 Oak Forest, IL%IllinoisU.S.
Total Housing Units9,627100%4,769,951114,235,996
Utility Gas8,89192.35%, see rank80.83%49.91%
Bottled, Tank, or LP Gas930.97%, see rank4.31%5.38%
Electricity6346.59%, see rank13.35%34.20%
Fuel Oil, Kerosene, etc.00.00%, see rank0.31%7.07%
Coal or Coke00.00%, see rank0.02%0.12%
Wood00.00%, see rank0.47%1.97%
Solar Energy00.00%, see rank0.02%0.03%
Other Fuel90.09%, see rank0.40%0.42%
No Fuel Used00.00%, see rank0.30%0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOak Forest, IL%IllinoisU.S.
Occupied Units Paying Rent1,738100%1,404,39935,969,315
$199 or Less00.00%, see rank2.62%2.25%
$200 to $29900.00%, see rank3.16%3.41%
$300 to $499150.86%, see rank9.10%9.80%
$500 to $69928216.23%, see rank18.46%19.41%
$700 to $99986049.48%, see rank35.26%29.88%
$1,000 to $1,49948627.96%, see rank22.15%23.51%
$1,500 to $1,999653.74%, see rank6.35%7.56%
$2,000 or More301.73%, see rank2.90%4.16%
Median$896, see rank-$834$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

 Oak Forest, IL%IllinoisU.S.
Occupied Housing Units9,627100%4,769,951114,235,996
No Vehicles Available3573.71%, see rank10.34%8.85%
1 Vehicles Available3,03831.56%, see rank34.63%33.28%
2 Vehicles Available3,87840.28%, see rank37.42%37.87%
3 or More Vehicles Available2,35424.45%, see rank17.61%20.00%

*Based on 2006-2010 data. View historical vehicle available data.


 
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