Oak Lawn First-Time Homebuyer Report for October

Oak Lawn is a city that is growing slightly faster than others in Illinois at a 10-year growth rate of 1.7%. It also has a larger than average population of 56,690 people. Oak Lawn is made up of homes that are considered older than most with a median of 43 years. The top schools in the city are Kolmar Avenue Elementary School and Oak Lawn-Hometown Middle School.

Price Range

Oak Lawn has some of the more expensive homes in the state with a median home value of $148,900 and a current average list price of $188,501.

Curious as to which homes have been getting the most attention in Oak Lawn? These listings have stirred up interest and produced the most views:

$385K   $264K   $259K  

Typical Dwelling

A three-bedroom detached home valued around $199,028 is considered a typical dwelling in Oak Lawn. If a buyer was looking for a similar home, they would need good credit and a $39,806 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $874 and the property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out Oak Lawn homes for sale or reviewing Oak Lawn real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Keller Williams Realty
3 reviews
Joanna Para
Snapped 1 home in this area
Coldwell Banker Residential
Snapped 11 homes in this area

Agents that specialize in this area
47 snaps in this area
88 snaps in this area
1 snap in this area
4 snaps in this area
1 snap in this area
1 snap in this area
7 snaps in this area
2 snaps in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.