Oak Lawn, IL Housing Market Trends

Market Overview for Q3 2026

$310K 14.8% Y-o-Y $40K Y-o-Y
$238 -3.6% Y-o-Y -$9 Y-o-Y
136 -28% Y-o-Y -53 Y-o-Y
$370K 17% Y-o-Y $54K Y-o-Y
Oak Lawn, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $242,000 $228,000 $249,000 $220,000
2023 $214,000 $247,000 $255,000 $235,000
2024 $245,000 $263,000 $270,000 $255,000
2025 $265,000 $305,000 $270,000 $270,000
2026 $270,000 $305,000 $310,000
Oak Lawn, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $206 $209 $201 $197
2023 $189 $204 $208 $198
2024 $203 $215 $231 $226
2025 $233 $238 $247 $226
2026 $241 $244 $238
Real Estate Transactions in Oak Lawn, IL
Year Q1 Q2 Q3 Q4
2022 202 243 246 117
2023 153 243 199 151
2024 155 200 219 163
2025 135 178 189 113
2026 136 171 136
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000
Oak Lawn, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $242,000 $228,000 $249,000 $220,000
2023 $214,000 $247,000 $255,000 $235,000
2024 $245,000 $263,000 $270,000 $255,000
2025 $265,000 $305,000 $270,000 $270,000
2026 $270,000 $305,000 $310,000
Oak Lawn, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $206 $209 $201 $197
2023 $189 $204 $208 $198
2024 $203 $215 $231 $226
2025 $233 $238 $247 $226
2026 $241 $244 $238
Real Estate Transactions in Oak Lawn, IL
Year Q1 Q2 Q3 Q4
2022 202 243 246 117
2023 153 243 199 151
2024 155 200 219 163
2025 135 178 189 113
2026 136 171 136
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$144K
-8.3%
-
-
42
Other Residential
$345K
4.2%
$242
-2.4%
89

Oak Lawn, IL Housing Stock

Property Type
Units
Condo
6,067
Townhouse
270
Other
16,579

Cook County: Demographics

Total population
56,861
Median age
40.3
No high school education
4.5%
Some high school/college
34.2%
Bachelor's degree
20.8%
Average household income
$109,917
Occupied housing units
21,618
Owner-occupied units
82.5%
Renter-occupied units
17.5%
Median year structure built
1966

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Winnetka
$1.4M
2
Wilmette
$983K
3
Western Springs
$900K
4
Barrington
$780K
5
Glenview
$744K
6
Northbrook
$730K
7
Lemont
$725K
8
River Forest
$643K
9
Park Ridge
$598K
10
LA Grange
$529K
12
Evanston
$480K
13
Morton Grove
$463K
14
Oak Park
$450K
15
Mount Prospect
$438K
16
Skokie
$430K
17
Riverside
$430K
18
Harwood Heights
$424K
19
Orland Park
$412K
20
Hoffman Estates
$405K
21
Niles
$400K
22
Rolling Meadows
$395K
24
Palatine
$386K
25
Palos Heights
$379K
26
Prospect Heights
$378K
27
Westchester
$375K
28
Brookfield
$364K
29
Chicago
$360K
30
Forest Park
$360K
31
Melrose Park
$350K
32
Elmwood Park
$350K
33
Streamwood
$348K
34
Des Plaines
$340K
35
Schaumburg
$336K
36
Berwyn
$335K
37
Elgin
$327K
38
Wheeling
$326K
39
Oak Forest
$317K
40
Burbank
$309K
41
Tinley Park
$305K
42
Cicero
$281K
43
Midlothian
$275K
44
Alsip
$269K
45
Palos Hills
$255K
46
Matteson
$250K
48
Homewood
$235K
49
South Holland
$223K
50
Chicago Heights
$208K
51
Lansing
$202K
52
Park Forest
$165K
53
Calumet City
$150K