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Recent Oak Forest Home Prices - Rich Martin Homes : Rich Martin Homes

Recent Oak Forest Home Prices

Filed in Oak Forest Sales & Price Trends by on January 16, 2015

Recent Oak Forest Sales Prices

Oak Forest Snapshot

Oak Forest Snapshot

Here is a quick look at 4th Q sales of Oak Forest homes. These are resale homes, not new construction homes or even recent homes. These are the original 1950’s homes renovated to varying degrees.
This will give you an idea of house prices for the little 1 bath and more popular 2 bath homes.
Prices obviously are based on condition and location. Nicely remodeled homes suffer in price if in a crappy location.
Being located in a flood plain affects price too, since flood insurance costs will be higher.

I tried to exclude the obvious “tear-downs”.

Oak Forest Prices 4th Q - Resale Homes    
* DOM = Days on Mkt.
DescriptionPrice RangeSFLot SizePrice/SFDOM*
1 Bath Homes
Avg.
$200-$355K
$262K
1100-1400 SF
1244 SF
6720-8400 SF
7370 SF
$155-$295/SF
$212/SF
38
2 Bath Homes
Avg.
$221-$545K
$374K
1400-2100 SF
1710 SF
7100-11,000 SF
7800 SF
$150-$280/SF
$220/SF
37

To find out more about this 1950’s neighborhood click on the Neighborhoods tab above, or this link to my  Oak Forest Page.

A quick look at Oak Forest can also be had with my printable Oak Forest Snapshot pdf. It summarizes a lot of info about the area.

Total Oak Forest sales in 4th Q 2014 were 89 homes sold.  Of these, 24 were new construction. Since there are no vacant lots available these lots came from tearing down smaller homes in need of repair.

A pdf of Oak Forest 4Q Sales 2014 is here.
Want to Learn More about Oak Forest & neighboring Garden Oaks? See the following pages:

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