The Oak Lawn housing market is somewhat competitive. Homes in Oak Lawn receive 3 offers on average and sell in around 72 days. The median sale price of a home in Oak Lawn was $250K last month, up 7.5% since last year. The median sale price per square foot in Oak Lawn is $177, up 0.3% since last year.
What is the housing market like in Oak Lawn today?
In February 2025, Oak Lawn home prices were up 7.5% compared to last year, selling for a median price of $250K. On average, homes in Oak Lawn sell after 72 days on the market compared to 72 days last year. There were 43 homes sold in February this year, down from 46 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
+7.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Oak Lawn, IL
$250,000
+7.5%
United States
To compare other locations to the Oak Lawn and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oak Lawn add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Oak Lawn
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Oak Lawn housing market?
Oak Lawn is somewhat competitive. Homes sell in 66 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 66 days.
Hot homes
can sell for around list price and go pending in around 42 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Oak Lawn
Explore recent offers and recently sold homes in Oak Lawn
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oak Lawn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oak Lawn.
Flood Factor - Minor
32% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oak Lawn has a minor risk of flooding. 1,931 properties in Oak Lawn are likely to be
severely affected
by flooding over the next 30 years. This represents 32% of all properties in Oak Lawn. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Oak Lawn has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oak Lawn is most at risk from hurricanes. 19,925 properties in Oak Lawn have some risk of being in a severe wind event within the next 30 years.