The housing market in 60452 Oak Forest, IL is thriving. According to the data provided, the median value of a house in this area is $256,100, which is significantly lower than the US median house value of $338,100. This may be attractive to potential homeowners looking for a bargain. In addition to this, the 1 year house appreciation rate in 60452 Oak Forest, IL is 9.35%, which is slightly higher than the US average of 8.27%. This suggests that there are plenty of opportunities for financial growth and stability when investing in real estate here. Overall, this area appears to have a strong and healthy housing market with plenty of potential for buyers and sellers alike.
The median home cost in Oak Forest (zip 60452) is $256,100. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Oak Forest (zip 60452) is up 13.7%.
Average Age of Homes
- The median age of Oak Forest (zip 60452) real estate is 43 years old
The Rental Market in Oak Forest (zip 60452)
- Renters make up 19.6% of the Oak Forest (zip 60452) population
- 0.8% of houses and apartments in Oak Forest (zip 60452), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.