Oak Lawn, IL Real Estate & Property Data

Oak Lawn Real Estate Market Trends
Last Updated: May 01, 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 936 residential properties have sold over the past year. With a median home price of $285,000 in Oak Lawn and a total of 14 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 22,852
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) 177
% 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) 24
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Oak Lawn, IL Real Estate Overview

There were 936 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 22,852 residential properties in the Oak Lawn.

Median Sales Price i
$285,000
(Mar 2024)
-3.4%
year-over-year
y-o-y
  • March '24 Mar '24 $285,000
  • 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
Median Down Payment i
$15,050
(Mar 2024)
+58.4%
year-over-year
y-o-y
  • March '24 Mar '24 $15,050
  • 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
Number of Homes Sold i
72
(Mar 2024)
-19.1%
year-over-year
y-o-y
  • March '24 Mar '24 72
  • 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
Number of Purchase Loans i
61
(Mar 2024)
-14.1%
year-over-year
y-o-y
  • March '24 Mar '24 61
  • 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
Number of REFI Loans i
30
(Mar 2024)
+172.7%
year-over-year
y-o-y
  • March '24 Mar '24 30
  • 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
Number of HELOC Loans i
9
(Mar 2024)
-18.2%
year-over-year
y-o-y
  • March '24 Mar '24 9
  • 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

Oak Lawn, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Oak Lawn, IL Foreclosure Activity

There were a total of 14 Oak Lawn, IL properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 13 Oak Lawn, IL properties and repossessed 1 Oak Lawn, IL properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
14
(Mar 2024)
-17.6%
year-over-year
y-o-y
  • March '24 Mar '24 14
  • 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
Foreclosure Starts i
13
(Mar 2024)
-7.1%
year-over-year
y-o-y
  • March '24 Mar '24 13
  • 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
Completed Foreclosures (REOs) i
1
(Mar 2024)
-66.7%
year-over-year
y-o-y
  • March '24 Mar '24 1
  • 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
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