Oak Lawn, IL Housing


2 Reviews



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United States / Illinois / Chicago-Naperville-Elgin Metro Area / Cook County / Oak Lawn / Zip Codes
Oak Lawn, IL is a great place to live for those looking for a more affordable real estate option. The housing median value in Oak Lawn, IL is $234,300 which is lower than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, but Oak Lawn, IL has seen an increase of 9.35%. This higher appreciation rate shows that Oak Lawn, IL is becoming increasingly popular and desirable among prospective buyers.

The median home cost in Oak Lawn is $234,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Oak Lawn is up 13.7%.

Average Age of Homes
- The median age of Oak Lawn real estate is 50 years old
The Rental Market in Oak Lawn
- Renters make up 17.4% of the Oak Lawn population
- 1.6% of houses and apartments in Oak Lawn, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingOak Lawn, IllinoisUnited States
  23,490.0139,647,020.0
  5442
  $234,300$338,100
  13.7%16.6%
  41.6%57.0%
  66.0%101.1%
  $25.82$10.98
  $5,743$2,690
  76.5%57.4%
  6.1%11.2%
  17.5%31.4%
  Vacant Housing
  1.6%1.9%
  0.0%0.4%
  1.1%0.7%
  0.1%0.4%
  0.6%3.6%
  2.7%4.1%
  Value of Owner-Occupied Housing
  2.3%2.6%
  0.7%2.4%
  1.3%2.8%
  2.2%3.9%
  4.8%4.5%
  11.4%11.3%
  17.9%13.0%
  38.1%20.1%
  17.1%13.6%
  2.8%8.3%
  0.9%9.7%
  0.1%3.9%
  0.2%2.2%
  0.0%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  4.1%13.6%
  4.1%13.6%
  7.7%13.6%
  9.5%13.2%
  21.2%14.8%
  7.7%13.6%
  22.2%10.0%
  6.9%4.7%
  3.1%12.2%
Reviews for Oak Lawn
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Christine · Oak Lawn, IL
LIke LIving In Chicago
Over 15 years ago

Have lived in Oak Lawn most of my life, and its right on the perimeter of Chicago. Actually living in Oak Lawn is basically like living in Chicago but with a smaller  More

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Christine · Oak Lawn, IL
Living In Oak Lawn
Over 16 years ago

I have lived here most of my life. Its a nice town central to shopping, dining, and the metra train. Its only about a 30 minute drive to down-town Chicago (not  More

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