Oak Lawn, IL Real Estate Market Summary – September 7, 2026
In Oak Lawn, IL, 59 homes were reported sold in the last 30 days, translating to an average of nearly 2 homes sold each day. The market shows a consistent pace in transactions, with properties spending an average of about 17 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 59 |
| Sold Per Day | 1.97 |
| Average SQFT | 1718 |
| Median Sales Price | $280,000 |
| Average Sales Price | $270,108 |
| Average Price Per SQFT | $182 |
| Average Days on Market | 17 |
| Average Year Built | 1968 |
Oak Lawn, IL Single Family Home Analysis
During this period, 36 single-family homes were sold, with an average sale price of $328,616 and a median sale price of $327,500. These homes had an average living area of 1,703 square feet and generally spent around 18 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 36 |
| Sold Per Day | 1.20 |
| Average SQFT | 1703 |
| Median Sales Price | $327,500 |
| Average Sales Price | $328,616 |
| Average Price Per SQFT | $205 |
| Average Days on Market | 18 |
| Average Year Built | 1961 |
Oak Lawn, IL Condo & Townhome Analysis
In the condo and townhome segment, 22 properties changed hands, averaging a sale price of $167,100 and a median price of $154,950. The average living area for these units was 1,745 square feet, with a typical market duration of about 15 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 22 |
| Sold Per Day | 1 every 1.36 days |
| Average SQFT | 1745 |
| Median Sales Price | $154,950 |
| Average Sales Price | $167,100 |
| Average Price Per SQFT | $143 |
| Average Days on Market | 15 |
| Average Year Built | 1979 |
Buyer & Seller Analysis
- Addressed 59 homes sold overall with an average of nearly 2 homes per day.
- Single-family homes averaged 18 days on market before sale.
- Condo and townhome properties had a slightly quicker average of 15 days on market.
- The average price per square foot for single-family homes was $205.
- Oak Lawn does not disclose sale prices for specific properties.
Conclusion
Overall, the real estate market in Oak Lawn, IL, reflects a stable level of activity with an average time on market that remains relatively short across all segments. With numerous transactions occurring consistently, it’s indicative of ongoing interest in the area.