Oak Lawn, IL Real Estate & Property Data

Oak Lawn Real Estate Market Trends
Last Updated: February 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 954 residential properties have sold over the past year. With a median home price of $315,000 in Oak Lawn and a total of 5 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
Total Residential Properties 22,854
Total Commercial Properties 1,431
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,504
Total 2024 Residential Sales (year-to-date) N/A
% of Homes Seriously Underwater (Q1 2024) 1.21%
Total 2023 Residential Sales 885
% of Equity Rich Homes (Q1 2024) 31.43%
Effective 2023 Property Tax 1.78%
Total Foreclosure Filings (year-to-date) N/A
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Oak Lawn, IL Real Estate Overview

There were 954 residential properties sold in the past year in Oak Lawn, IL. The median home value in Oak Lawn, IL is $247,332. There are a total of 22,854 residential properties in the Oak Lawn.

Median Sales Price i
$315,000
(Dec 2023)
+8.2%
year-over-year
y-o-y
  • December '23 Dec '23 $315,000
  • November '23 Nov '23 $350,000
  • 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 $294,000
  • March '23 Mar '23 $295,000
  • February '23 Feb '23 $290,000
  • January '23 Jan '23 $292,500
Median Down Payment i
$14,312
(Dec 2023)
-28.4%
year-over-year
y-o-y
  • December '23 Dec '23 $14,312
  • November '23 Nov '23 $16,587
  • October '23 Oct '23 $17,875
  • September '23 Sep '23 $18,547
  • August '23 Aug '23 $33,550
  • 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
  • February '23 Feb '23 $33,250
  • January '23 Jan '23 $23,500
Number of Homes Sold i
65
(Dec 2023)
-5.8%
year-over-year
y-o-y
  • December '23 Dec '23 65
  • November '23 Nov '23 48
  • October '23 Oct '23 67
  • September '23 Sep '23 82
  • August '23 Aug '23 81
  • July '23 Jul '23 69
  • June '23 Jun '23 93
  • May '23 May '23 82
  • April '23 Apr '23 95
  • March '23 Mar '23 89
  • February '23 Feb '23 47
  • January '23 Jan '23 67
Number of Purchase Loans i
58
(Dec 2023)
-1.7%
year-over-year
y-o-y
  • December '23 Dec '23 58
  • November '23 Nov '23 41
  • October '23 Oct '23 64
  • September '23 Sep '23 79
  • August '23 Aug '23 74
  • July '23 Jul '23 60
  • June '23 Jun '23 90
  • May '23 May '23 81
  • April '23 Apr '23 87
  • March '23 Mar '23 71
  • February '23 Feb '23 37
  • January '23 Jan '23 71
Number of REFI Loans i
38
(Dec 2023)
+100%
year-over-year
y-o-y
  • December '23 Dec '23 38
  • November '23 Nov '23 38
  • 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 35
  • March '23 Mar '23 11
  • February '23 Feb '23 14
  • January '23 Jan '23 22
Number of HELOC Loans i
16
(Dec 2023)
+77.8%
year-over-year
y-o-y
  • December '23 Dec '23 16
  • November '23 Nov '23 17
  • 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
  • February '23 Feb '23 12
  • January '23 Jan '23 21

Oak Lawn, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Oak Lawn, IL Foreclosure Activity

There were a total of 5 Oak Lawn, IL properties with a foreclosure filing in December 2023.

Total Foreclosure Filings i
5
(Dec 2023)
-70.6%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 14
  • January '23 Jan '23 17
Foreclosure Starts i
2
(Dec 2023)
-84.6%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 9
  • January '23 Jan '23 13
Completed Foreclosures (REOs) i
  • 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
  • February '23 Feb '23 1
  • January '23 Jan '23 1
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