Oak Lawn, IL
Full City Profile · Illinois · Cook County County
3.4
/5.0
B
Good
57,098
Population
6,663/sq mi density
$82,493
Median Income
$40,136 per capita
$267,900
Home Value
$278,215 Zillow
$1,310
Median Rent
32.0% income on rent
53°F
Avg Temperature
275 sunny days/yr
150
Violent Crime/100K
1,492 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$82,493 median income, 3.2% unemployment
A+
Affordability
4.9 / 5.0
$267,900 home value, $1,310/mo rent
F
Safety
1.0 / 5.0
150 violent crimes/100K
B
Education
3.4 / 5.0
30.2% bachelor's degree or higher
Housing Overview
Median Home Value
$267,900
5% below
US avg: $281,900
Median Rent
$1,310/mo
13% above
US avg: $1,163/mo
Homeownership Rate
82.5%
26% above US avg (65.4%)
Total Housing Units
23,207
Median year built: 1967
Home Value by Source
Census Median
$267,900
Zillow (ZHVI)
$278,215
Median Sale Price
$289,450
Median List Price
$283,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.5%
Owner-Occupied
17.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,310/mo
· Zillow rent:
$1,711/mo
Market Indicators (Redfin)
Median Days on Market
101 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
42
Price Drops
20.5%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
161
homes for sale
Affordability & Housing Stock
Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
82.5%
Complete Housing Data
Home Values
| Census Median Value | $267,900 |
| Zillow Home Value (ZHVI) | $278,215 |
| Median Sale Price | $289,450 |
| Median List Price | $283,950 |
| Price Per Sq Ft | $184 |
Rent
| Census Median Rent | $1,310 |
| Zillow Rent (ZORI) | $1,711 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 101 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.5% |
| Homes Sold | 42 |
| Active Inventory | 161 |
| Price Per Sq Ft | $184 |
Ownership & Stock
| Owner-Occupied | 82.5% |
| Renter-Occupied | 17.5% |
| Homeownership Rate | 82.5% |
| Total Housing Units | 23,207 |
| Median Year Built | 1967 |
| Rent Burden | 32.0% |
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