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The median home value in Oak Forest, IL is $303,574 as of 2026-07-31, up 5.92% from a year earlier.
Median Home Value
$303,574
Year-over-Year
+5.92%
Population
25,823
Oak Forest ranks #151 of 279 Illinois cities tracked here by median home value, and sits 4.8% below the state's city median of $319,026. It sits in Cook County, where the county-wide median is $344,339.
Median household income in Oak Forest is $91,990, so the typical home value is about 3.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Oak Forest police recorded a violent crime rate of 89 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 438 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Oak Forest, that value is $303,574. That's up 5.92% from a year earlier. It is about 4.8% below the typical Illinois city tracked here.
Homes in Oak Forest are cheaper than Cook County as a whole, where the median is $344,339 — a difference of about 11.8%.
Median household income here is $91,990, so the typical home value is about 3.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Oak Forest police reported 89 violent crimes per 100,000 residents, covering a population of about 25,823. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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