The prices in real estate in Oak Forest, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Oak Forest has remained the same in the last 6 months. In February, the average price per sq.feet was $149. In March this price pretty much remained the same at a value of $146 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $147.5 to $154.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $151 to $157.5 during June y July
Based upon to the price in Oak Forest (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $214,888. In March This price remains at $221,566. In the following two months the average price has remained the same with regard to the previous two months from $218,227 to $223,894.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $249,405 they are 58 % more affordable than the average price for Oak Forest. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $243,712.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $158 / sq.feet price in Oak Forest. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $249,405 it is 40 % cheaper than the average price in Oak Forest. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $175,351 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $83 / sq.feet followed by "Townhouse" priced at $87 / sq.feet. "House" is the most costly type of property with a $160 / sq.feet cost followed by "Condo" with an average price of $124 / sq.feet.