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Oak Lawn, IL Real Estate & Property Data

Oak Lawn Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Oak Lawn, IL. ATTOM’s Oak Lawn real estate data is updated daily, and current market trends show that in Oak Lawn, IL a total of 909 residential properties have sold over the past year. With a median home price of $281,750 in Oak Lawn and a total of 3 foreclosures. Get detailed property data for Oak Lawn, IL instantly. ATTOM is your one-stop-shop for the Oak Lawn property reports and real estate data you need in Oak Lawn, IL.

Oak Lawn Real Estate Market Trends

Get property data for any address in Oak Lawn, IL or the country:

Total Residential Properties 22,850

Total Commercial Properties 1,300

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 1,504

Total 2024 Residential Sales (year-to-date) 105

% of Homes Seriously Underwater (Q2 2024) 0.9%

Total 2023 Residential Sales 871

% of Equity Rich Homes (Q2 2024) 33.64%

Effective 2023 Property Tax 1.77%

Total Foreclosure Filings (year-to-date) 10

Oak Lawn, IL Real Estate Overview

There were 909 residential properties sold in the past year in Oak Lawn, IL. The median home value in Oak Lawn, IL is $258,685. There are a total of 22,850 residential properties in the Oak Lawn.

Median Sales Price i

$281,750

(Feb 2024)

-1.1%

year-over-year

y-o-y

February '24 Feb '24 $281,750
January '24 Jan '24 $295,000
December '23 Dec '23 $315,000
November '23 Nov '23 $347,500
October '23 Oct '23 $309,500
September '23 Sep '23 $305,000
August '23 Aug '23 $305,000
July '23 Jul '23 $325,000
June '23 Jun '23 $320,000
May '23 May '23 $310,000
April '23 Apr '23 $295,000
March '23 Mar '23 $295,000

Median Down Payment i

$29,001

(Feb 2024)

+87.1%

year-over-year

y-o-y

February '24 Feb '24 $29,001
January '24 Jan '24 $18,375
December '23 Dec '23 $14,125
November '23 Nov '23 $16,587
October '23 Oct '23 $17,875
September '23 Sep '23 $18,547
August '23 Aug '23 $33,500
July '23 Jul '23 $11,297
June '23 Jun '23 $25,894
May '23 May '23 $32,500
April '23 Apr '23 $17,400
March '23 Mar '23 $9,500

Number of Homes Sold i

40

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 40
January '24 Jan '24 65
December '23 Dec '23 64
November '23 Nov '23 46
October '23 Oct '23 67
September '23 Sep '23 82
August '23 Aug '23 79
July '23 Jul '23 69
June '23 Jun '23 93
May '23 May '23 82
April '23 Apr '23 88
March '23 Mar '23 89

Number of Purchase Loans i

34

(Feb 2024)

-5.6%

year-over-year

y-o-y

February '24 Feb '24 34
January '24 Jan '24 60
December '23 Dec '23 56
November '23 Nov '23 40
October '23 Oct '23 63
September '23 Sep '23 77
August '23 Aug '23 73
July '23 Jul '23 60
June '23 Jun '23 87
May '23 May '23 81
April '23 Apr '23 81
March '23 Mar '23 71

Number of REFI Loans i

18

(Feb 2024)

+28.6%

year-over-year

y-o-y

February '24 Feb '24 18
January '24 Jan '24 29
December '23 Dec '23 38
November '23 Nov '23 35
October '23 Oct '23 30
September '23 Sep '23 29
August '23 Aug '23 33
July '23 Jul '23 42
June '23 Jun '23 35
May '23 May '23 28
April '23 Apr '23 30
March '23 Mar '23 11

Number of HELOC Loans i

12

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 12
January '24 Jan '24 8
December '23 Dec '23 16
November '23 Nov '23 15
October '23 Oct '23 9
September '23 Sep '23 15
August '23 Aug '23 16
July '23 Jul '23 10
June '23 Jun '23 17
May '23 May '23 18
April '23 Apr '23 18
March '23 Mar '23 11

Oak Lawn, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60453
$258,685 $171.97/sqft

Oak Lawn, IL Foreclosure Activity

There were a total of 3 Oak Lawn, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

-78.6%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 7
December '23 Dec '23 5
November '23 Nov '23 10
October '23 Oct '23 7
September '23 Sep '23 4
August '23 Aug '23 20
July '23 Jul '23 9
June '23 Jun '23 19
May '23 May '23 12
April '23 Apr '23 10
March '23 Mar '23 17

Foreclosure Starts i

3

(Feb 2024)

-66.7%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 2
December '23 Dec '23 2
November '23 Nov '23 6
October '23 Oct '23 6
September '23 Sep '23 2
August '23 Aug '23 10
July '23 Jul '23 5
June '23 Jun '23 15
May '23 May '23 7
April '23 Apr '23 9
March '23 Mar '23 14

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 3
June '23 Jun '23 1
May '23 May '23 4
April '23 Apr '23 2
March '23 Mar '23 3

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