Oak Lawn Real Estate Trends & Statistics

Oak Lawn Median List Price

$119,000

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Oak Lawn Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	367	369	1%	483	24%
Median List Price	$119,000	$120,900	2%	$124,900	5%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	9%	9%		8%
Median DOM	75	78	4%	78	4%
Median House Size	1,286	1,281		1,200	7%
Median $/Sqft	$101/sqft	$103/sqft	2%	$114/sqft	11%

	Today	1 Month Ago		1 Year Ago
Total Inventory	168	175	4%	221	24%
Median List Price	$219,000	$209,750	4%	$199,900	10%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	11%	10%		10%
Median DOM	60	61	2%	64	6%
Median House Size	1,775	1,633	9%	1,404	26%
Median $/Sqft	$130/sqft	$130/sqft		$132/sqft	2%

	Today	1 Month Ago		1 Year Ago
Total Inventory	199	194	3%	262	24%
Median List Price	$79,900	$84,000	5%	$89,515	11%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	7%	9%		6%
Median DOM	95	96	1%	92	3%
Median House Size	1,075	1,000	7%	1,000	7%
Median $/Sqft	$78/sqft	$80/sqft	3%	$89/sqft	12%

Oak Lawn Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	128	105	77	87	71	82	104
New Listings	107	90	71	118	110	131	111
Sold/Expired	224	207	181	192	162	162	169

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	69	48	37	44	35	39	53
New Listings	67	49	36	57	62	84	73
Sold/Expired	125	108	93	107	81	94	90

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	59	57	40	43	36	43	51
New Listings	40	41	35	61	48	47	38
Sold/Expired	99	99	88	85	81	68	79

Oak Lawn, Illinois real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Oak Lawn homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Oak Lawn. Movoto is your comprehensive source for Oak Lawn property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Oak Lawn, IL Market Overview

Inventory: 367 Recently Sold: 169 New Listings: 111 Distressed: 9

Oak Lawn's home resale inventories decreased slightly, with a 1 percent decrease since April 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in Oak Lawn went down from April to May. There were a total of 4 price increases and 104 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

10317 Washington Ave, Oak Lawn, IL