OAK FOREST HOUSING MARKET INFORMATION With a population of 26,199, 10,357 total housing units (homes and apartments), and a median house value of $317,628, Oak Forest real estate and house prices are near the national average for all cities and towns. Single-family detached homes are the single most common housing type in Oak Forest, accounting for 68.30% of the city's housing units. Other types of housing that are prevalent in Oak Forest include large apartment complexes or high rise apartments ( 23.88%), row houses and other attached homes ( 4.49%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.33%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oak Forest. Owner-occupied housing accounts for 79.44% of Oak Forest's homes, and 63.34% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Oak Forest built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oak Forest built between 1940-1969 ( 33.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.04%). There's also some housing in Oak Forest built before 1939 ( 2.19%). OAK FOREST HOME APPRECIATION RATES Real estate appreciation rates in Oak Forest's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.27% during the period. Appreciation rates are so strong in Oak Forest that despite a nationwide downturn in the housing market, Oak Forest real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oak Forest appreciation rates continue to be some of the highest in America, at 10.28%, which is higher than appreciation rates in 82.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oak Forest. Oak Forest appreciation rates in the latest quarter were at 2.27%, which equates to an annual appreciation rate of 9.38%. Relative to Illinois, our data show that Oak Forest's latest annual appreciation rate is lower than 70% of the other cities and towns in Illinois. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Oak Forest differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Oak Forest - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oak Forest real estate investment or home purchase decisions.