Altos Market Data for Realtors

Oak Lawn, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Oak Lawn, IL

Fri Mar 29 2024
This week the median list price for Oak Lawn, IL is $350,000 with the market action index hovering around 60. This is an increase over last month's market action index of 55. Inventory has decreased to 37. Click here to stay informed with the Oak Lawn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Oak Lawn, IL

Fri Mar 29 2024
This week the median list price for Oak Lawn, IL is $350,000 with the market action index hovering around 60. This is an increase over last month's market action index of 55. Inventory has decreased to 37. Click here to stay informed with the Oak Lawn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Oak Lawn market.
Median List Price $350,000
Median Price of New Listings $348,000
Per Square Foot $198
Average Days on Market 71
Median Days on Market 42
Price Decreased 41%
Price Increased 0%
Relisted 5%
Inventory 37
Median Rent
Market Action 60
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$525,000 2,772 6,500 - 8,000 sqft 4 2.5 29 0 2 63
$389,900 1,452 6,500 - 8,000 sqft 4 2 66 1 5 42
$348,000 1,553 6,500 - 8,000 sqft 3 1.5 61 4 5 21
$299,000 1,584 4,500 - 6,500 sqft 3 1.8 69 2 3 52