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City / Town Overview

Oak Lawn, IL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Oak Lawn, IL real estate market currently shows 175 active listings, with 84 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 27 days last year.

The median listing price has fallen 13% year-over-year, from $289,500 to $251,850.

Whether you are buying or selling in Oak Lawn, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 57,665  ·  Density: 2,621.2/mi²  ·  Median household income: $77,221

Typical home value: $250,961  ·  Homeownership: 81.9%

Included Areas

Oak Lawn: 60453, 60454

Area Map

Market Overview

Active Listings
175
⇧ 9.4% vs 160 last year
Pending
84
48% pending ratio
Median Price
$251,850
⇩ 13% vs $289,500 last year
Average Price
$277,900
⇩ 8.6% vs $303,945 last year
Days on Market
36
⇧ 33.3% vs 27 days last year

Price Per Square Foot

Median $/sqft
$204
⇧ 7.9% vs $189/sqft last year
Median Home Size
1,200 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %