Oak Lawn, IL Real Estate & Property Data

Oak Lawn Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Oak Lawn, IL 60453. ATTOM’s Oak Lawn real estate data is updated daily, and current market trends show that in Oak Lawn, IL a total of 842 residential properties have sold over the past year. With a median home price of $296,250 in Oak Lawn and a total of 16 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 22,858
Total Commercial Properties 1,312
Avg. Home Age (Single Family Home) 64 Years
Avg. Square Feet (Single Family Home) 1,504
Total 2025 Residential Sales (year-to-date) 92
% of Homes Seriously Underwater (Q2 2025) 0.75%
Total 2024 Residential Sales 815
% of Equity Rich Homes (Q2 2025) 35.92%
Effective 2024 Property Tax 1.97%
Total Foreclosure Filings (year-to-date) 30
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Oak Lawn, IL 60453 Real Estate Overview

There were 842 residential properties sold in the past year in Oak Lawn, IL 60453. The median home value in Oak Lawn, IL 60453 is $278,047. There are a total of 22,858 residential properties in the 60453.

Median Sales Price i
$296,250
(Feb 2025)
+5.1%
year-over-year
y-o-y
  • February '25 Feb '25 $296,250
  • January '25 Jan '25 $323,000
  • December '24 Dec '24 $300,000
  • November '24 Nov '24 $323,750
  • October '24 Oct '24 $326,750
  • September '24 Sep '24 $318,000
  • August '24 Aug '24 $311,500
  • July '24 Jul '24 $337,500
  • June '24 Jun '24 $355,000
  • May '24 May '24 $337,000
  • April '24 Apr '24 $311,500
  • March '24 Mar '24 $285,000
Median Down Payment i
$17,595
(Feb 2025)
-39.3%
year-over-year
y-o-y
  • February '25 Feb '25 $17,595
  • January '25 Jan '25 $20,000
  • December '24 Dec '24 $15,237
  • November '24 Nov '24 $19,000
  • October '24 Oct '24 $24,750
  • September '24 Sep '24 $19,250
  • August '24 Aug '24 $52,000
  • July '24 Jul '24 $21,000
  • June '24 Jun '24 $54,600
  • May '24 May '24 $28,500
  • April '24 Apr '24 $21,975
  • March '24 Mar '24 $15,050
Number of Homes Sold i
35
(Feb 2025)
-12.5%
year-over-year
y-o-y
  • February '25 Feb '25 35
  • January '25 Jan '25 57
  • December '24 Dec '24 56
  • November '24 Nov '24 65
  • October '24 Oct '24 65
  • September '24 Sep '24 71
  • August '24 Aug '24 81
  • July '24 Jul '24 79
  • June '24 Jun '24 63
  • May '24 May '24 88
  • April '24 Apr '24 69
  • March '24 Mar '24 73
Number of Purchase Loans i
32
(Feb 2025)
-5.9%
year-over-year
y-o-y
  • February '25 Feb '25 32
  • January '25 Jan '25 94
  • December '24 Dec '24 49
  • November '24 Nov '24 56
  • October '24 Oct '24 60
  • September '24 Sep '24 60
  • August '24 Aug '24 62
  • July '24 Jul '24 66
  • June '24 Jun '24 56
  • May '24 May '24 74
  • April '24 Apr '24 84
  • March '24 Mar '24 60
Number of REFI Loans i
27
(Feb 2025)
+50%
year-over-year
y-o-y
  • February '25 Feb '25 27
  • January '25 Jan '25 35
  • December '24 Dec '24 48
  • November '24 Nov '24 47
  • October '24 Oct '24 47
  • September '24 Sep '24 42
  • August '24 Aug '24 39
  • July '24 Jul '24 38
  • June '24 Jun '24 36
  • May '24 May '24 30
  • April '24 Apr '24 37
  • March '24 Mar '24 29
Number of HELOC Loans i
12
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 22
  • December '24 Dec '24 14
  • November '24 Nov '24 18
  • October '24 Oct '24 18
  • September '24 Sep '24 14
  • August '24 Aug '24 18
  • July '24 Jul '24 7
  • June '24 Jun '24 15
  • May '24 May '24 11
  • April '24 Apr '24 11
  • March '24 Mar '24 9

Oak Lawn, IL 60453 Foreclosure Activity

There were a total of 16 Oak Lawn, IL 60453 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 11 Oak Lawn, IL 60453 properties and repossessed 2 Oak Lawn, IL 60453 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
16
(Feb 2025)
+433.3%
year-over-year
y-o-y
  • February '25 Feb '25 16
  • January '25 Jan '25 14
  • December '24 Dec '24 5
  • November '24 Nov '24 4
  • October '24 Oct '24 8
  • September '24 Sep '24 20
  • August '24 Aug '24 7
  • July '24 Jul '24 18
  • June '24 Jun '24 10
  • May '24 May '24 17
  • April '24 Apr '24 19
  • March '24 Mar '24 14
Foreclosure Starts i
11
(Feb 2025)
+266.7%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 8
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 4
  • September '24 Sep '24 6
  • August '24 Aug '24 6
  • July '24 Jul '24 11
  • June '24 Jun '24 7
  • May '24 May '24 14
  • April '24 Apr '24 15
  • March '24 Mar '24 13
Completed Foreclosures (REOs) i
2
(Feb 2025)
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 4
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 2
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
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