Oak Lawn, Illinois Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Oak Lawn, Illinois
2 ZIPs in this city:
60453
60454
Market Hotness
67
Hotness Rank
--
Hotness Score
67
Supply Score
85
Demand Score
49
DOM vs US
-20.0%
Faster
Price vs US
62%
Below avg
Median Listing Price
$265K
Population
56,861
Households
2,276,493
Median Days on Market
33
Active Listings
124
New Listings
64
Housing Market
Pricing
Median Listing Price
$265K
0.0% YoY
Average Listing Price
$287K
+2.2% YoY
Price per Sq Ft
$191
+3.2% YoY
Median Sq Ft
1,237
+2.7% YoY
Inventory
Active Listings
124
+13.8% YoY
New Listings
64
-37.3% YoY
Total Listings
207
+5.1% YoY
Buyer Competition
Pending Listings
85
-1.2% YoY
Pending Ratio
0.69
-13.2% YoY
Median Days on Market
33
+50.0% YoY
Price Reduced
20.9%
+29.9% YoY
FY2026 Fair Market Rent — Cook County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,480
/month
1 BR
$1,581
/month
2 BR
$1,781
/month
3 BR
$2,294
/month
4 BR
$2,653
/month
FMR Trends — Cook County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
38.0
2024
Population
Total Population
56,861
-0.4% YoY
Cook County Population
5,182,617
+0.8% YoY
Households
Total Housing Units
2,276,493
+0.3% YoY
Age
2024 Age Mix
5.2M
residents
Under 18
1,092,202
21.1%
Adults 18–64
3,262,732
63.0%
65 & Over
827,156
16.0%
Age Composition Over Time
2017–2024
Population Under 18
1,092,202
-1.7% YoY
Population 65 & Over
827,156
+2.6% YoY
Median Age
38.00
+0.5% YoY
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