Oak Forest, IL Real Estate
According to census data in the year 2000 there were 9,990 housing units in Oak Forest.
This represents a 10.3% growth from 9,058 in 1990.
Of those housing units, 9,990 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oak Forest is about 81.6%.
Oak Forest's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in Oak Forest were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||3.01|
|Median year structure was built||1971|
|Median Value of occupied units||$149,200|
|Median Price asked for vacant units||$142,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.96|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$578|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||11.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20%|