Oak Lawn, IL
Housing market overview · Updated weekly
$289,450median sale price
Homes sold
42
Last 12 weeks
Days on market
101
Average pace
Active listings
161
3.8 months supply
Sale-to-list
97.9%
Below asking
The Oak Lawn housing market is currently classified as a balanced market with a median sale price of $289,450. Prices have risen 18.1% compared to last year, with homes spending an average of 101 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Oak Lawn?
The median home sale price in Oak Lawn is $289,450, up 18.1% from last year.
How long do homes stay on market in Oak Lawn?
Homes typically spend 101 days on market before going under contract.
Is Oak Lawn a buyer's or seller's market?
With 3.8 months of supply, Oak Lawn is currently a balanced market.
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