House Prices

House Prices & Home Values Oak Lawn, IL 2026


Average Data

average house price$158,634
average size per house1194 ft²
average price per ft²133 $ / ft²

01/19/2026 - The value range (VR) for house prices in Oak Lawn, IL is $123/ sqft to $123/ sqft. An average home with 1194 sqft costs approximately $146,862 to $146,862. Oak Lawn, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60453, while the highest are in ZIP 60453. The average price per sqare feet is $133. Our analysis is based on 54 property listings.

Avergage prices by ZIP codes Oak Lawn

60453113 $ / ft²


House prices by neighborhoods in Oak Lawn

Columbus Manor114 $ / ft²
Covington117 $ / ft²
Downtown Oak Lawn130 $ / ft²
Hannum132 $ / ft²
Harnew116 $ / ft²
Hille126 $ / ft²
Kolmar120 $ / ft²
Sward117 $ / ft²




Historical development of home values in Oak Lawn

Year Estimated value (USD) Change vs. 2025
2010 $73,672 -53.6%
2011 $70,824 -55.4%
2012 $70,633 -55.5%
2013 $73,273 -53.8%
2014 $76,916 -51.5%
2015 $80,864 -49.0%
2016 $85,084 -46.4%
2017 $89,676 -43.5%
2018 $94,634 -40.3%
2019 $99,022 -37.6%
2020 $104,141 -34.4%
2021 $118,449 -25.3%
2022 $138,085 -13.0%
2023 $145,617 -8.2%
2024 $154,042 -2.9%
2025 $158,634 0.0%

Graph: estimated home values in Oak Lawn over time (USD)



Example: 100% financing house in Oak Lawn

Loan amount: $158,634

Interest rate: 6.00%

Fixed monthly payment: $951.09

Breakdown in the 1st month:
Interest portion: $793.17  –  Principal portion: $157.92

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,465.05 $1,948.04 $156,685.96
2 $9,344.90 $2,068.20 $154,617.76
3 $9,217.33 $2,195.76 $152,422.00
4 $9,081.91 $2,331.19 $150,090.82
5 $8,938.12 $2,474.97 $147,615.85
6 $8,785.47 $2,627.62 $144,988.23
7 $8,623.41 $2,789.69 $142,198.54
8 $8,451.34 $2,961.75 $139,236.80
9 $8,268.67 $3,144.42 $136,092.38
10 $8,074.73 $3,338.36 $132,754.01
11 $7,868.83 $3,544.27 $129,209.75
12 $7,650.22 $3,762.87 $125,446.88
13 $7,418.14 $3,994.95 $121,451.93
14 $7,171.74 $4,241.35 $117,210.57
15 $6,910.14 $4,502.95 $112,707.62
16 $6,632.41 $4,780.68 $107,926.94
17 $6,337.55 $5,075.54 $102,851.40
18 $6,024.50 $5,388.59 $97,462.80
19 $5,692.14 $5,720.95 $91,741.85
20 $5,339.29 $6,073.81 $85,668.05
21 $4,964.67 $6,448.42 $79,219.62
22 $4,566.94 $6,846.15 $72,373.48
23 $4,144.69 $7,268.40 $65,105.07
24 $3,696.39 $7,716.70 $57,388.37
25 $3,220.44 $8,192.65 $49,195.71
26 $2,715.13 $8,697.96 $40,497.76
27 $2,178.66 $9,234.43 $31,263.33
28 $1,609.10 $9,803.99 $21,459.34
29 $1,004.41 $10,408.68 $11,050.66
30 $362.43 $11,050.66 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Oak Lawn, IL


1500 sqft3900 sqft
Ø selling price$241,396$513,514
Ø fast selling$219,451$462,162
Ø high price sale$263,340$564,865

In 2026, houses in Oak Lawn, IL will be offered at an average price of $133 per square foot. A 1,500 sqft home priced at $241,396 is 21.02% more expensive per square foot than a 3,900 sqft home priced at $513,514. Home prices in Oak Lawn, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $355,509. Sellers who can wait longer may achieve a higher price of up to $434,512.


Living in Oak Lawn, IL

Discover Oak Lawn, IL, a welcoming southwest suburb of Chicago known for tree-lined streets and community spirit. Residents enjoy a balanced lifestyle with convenient amenities, strong local services, and diverse housing options.

Location & Transportation

Located minutes from Chicago Midway International Airport, Oak Lawn Illinois offers quick access via I-294 and major arterials like 95th Street.
The Metra Southwest Service and Pace buses make commuting simple for professionals and students alike.

Parks & Recreation

Outdoor lovers appreciate Memorial Park, the Oak Lawn Community Pavilion, and the Wolfe Wildlife Refuge for year-round recreation.
Family-friendly programs, trails, and sports leagues showcase how Oak Lawn invests in healthy living.

Shopping, Dining, and Events

Shopping and dining thrive along 95th Street and Stony Creek Promenade, featuring local eateries, boutiques, and national retailers.
Seasonal events like Fall on the Green and Independence Day celebrations bring neighbors together and support small businesses.

Education & Healthcare

Quality education options include Oak Lawn-Hometown School District 123, High School District 229, and nearby private institutions.
Healthcare anchors such as Advocate Christ Medical Center and abundant clinics provide advanced care close to home.



FAQ – Home Values in Oak Lawn

What is the median home value in Oak Lawn in 2026?

In 2026, the typical home value in Oak Lawn is about $158,634 for an average home size of 1194 square feet. This corresponds to an average price of roughly $133 per square foot.

What is the average cost per square foot in Oak Lawn?

In 2026, homes in Oak Lawn sell for an average of around $133 per square foot, with a typical range between $123 and $123 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Oak Lawn is about 1194 square feet, with an estimated 2026 value around $158,634.



Locations close to Oak Lawn, IL

Bridgeview, IL114 $ / ft²
Hometown, IL145 $ / ft²
Hickory Hills, IL137 $ / ft²
Oak Forest, IL141 $ / ft²
New Lenox, IL185 $ / ft²
Morris, IL120 $ / ft²
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