Oak Forest, LA—70356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Forest, LA
Oak Forest, LA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oak Forest, LA
Oak Forest, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oak Forest, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Forest, LA is 141. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | -30.0% |
Listing Count | 3 | 10.0% |
| Listings as % of Homes | N/A | 10.0% |
Days on Market | 141 | 22.0% |
Demographics — Oak Forest, LA
As of the latest ACS Survey released in 2023, Oak Forest, LA has a population of 1,470, which has decreased by -25.6% over the past 5 years. Oak Forest, LA is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 4.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,470 | -25.6% |
% Under 18 | 19.9% | -6.1% |
% Seniors | 33.7% | 67.7% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 4.3% | -67.4% |
As of the latest ACS Survey released in 2023, Oak Forest, LA is a predominantly white area, with 45.2% of the population identifying as white. The white population has shrunk by 22.3% in the last 5 years. The second most common race or ethnicity in Oak Forest, LA is black, making up 44.4% of the population. Foreign-born residents account for 0.0% of the population in Oak Forest, LA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 45.2% | -22.3% |
% Black | 44.4% | 36.2% |
% Hispanic | 2.8% | -67.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Oak Forest, LA
According to HUD data as of 2023, there were 13 mortgage originations in Oak Forest, LA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Oak Forest, LA. Investor activity is high, as 23.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 13 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 23.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Oak Forest, LA
Oak Forest, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | -$140 | $1,400 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Oak Forest, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $31,600 |