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OAK LAWN, IL 60453

Real Estate Market Report  ·  Cook County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
160
⇧ 3.9% vs 154 last year
Pending
53
33% pending ratio
Median Price
$299,999
⇧ 8.6% vs $276,175 last year
Average Price
$306,855
⇧ 9.3% vs $280,729 last year
Days on Market
51
⇧ 10.9% vs 46 days last year

Market Context

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

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

Market Analysis

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

The OAK LAWN, IL real estate market (60453) currently shows 160 active listings, with 53 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 46 days last year.

The median listing price has risen 8.6% year-over-year, from $276,175 to $299,999.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 160 this year vs 154 last year
  • Days on market: 51 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $299,999 (+8.6% YoY)
  • Average: $306,855 (+9.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.4 miles — 782 listings ($237,478,206 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60453Oak Lawn, IL 604530.0 mi160$49,096,800$299,999$306,855
60456Hometown, IL 604561.6 mi10$2,185,750$219,999$218,575
60805Evergreen Park, IL 608052.7 mi50$17,091,300$339,750$341,826
60655Chicago, IL 606552.9 mi41$16,720,087$359,250$407,807
60652Chicago, IL 606523.0 mi63$17,217,018$289,900$273,286
60465Palos Hills, IL 604654.0 mi50$18,164,150$299,900$363,283
60463Palos Heights, IL 604634.2 mi36$13,220,352$344,999$367,232
60643Chicago, IL 606434.7 mi125$37,286,875$237,950$298,295
60418Crestwood, IL 604184.8 mi21$5,142,669$227,250$244,889
60472Robbins, IL 604725.4 mi8$1,005,672$98,000$125,709
60620Chicago, IL 606205.5 mi167$42,394,954$256,250$253,862
60445Midlothian, IL 604456.0 mi37$8,982,009$246,900$242,757
60480Willow Springs, IL 604806.4 mi14$8,970,570$460,000$640,755

Frequently Asked Questions

How many homes are for sale in OAK LAWN, IL 60453?

As of January 2026, there are 160 active listings in OAK LAWN, IL (zip code 60453), compared to 154 the prior year.

What is the median home price in OAK LAWN, IL 60453?

The median listing price in OAK LAWN, IL 60453 is $299,999 as of January 2026, a 8.6% increase from $276,175 the prior year.

How long do homes stay on the market in OAK LAWN, IL?

Homes in OAK LAWN, IL 60453 spend an average of 51 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in OAK LAWN, IL 60453?

Based on current inventory and days-on-market data as of January 2026, OAK LAWN, IL 60453 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 46 days last year.

How much can I save on real estate commission in OAK LAWN, IL?

With SELL123.com's maximum 3% commission, sellers in OAK LAWN, IL 60453 save an estimated $6,000 compared to a typical 5% commission on the median listing price of $299,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.