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Oak Lawn, IL 60453 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Oak Lawn, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 6565PendingPending sales: 1010
Oak Lawn, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $191k$191kSoldMedian sold price (last 6 months): $292k$292k
What homes actually sell for in Oak Lawn, IL
Distribution of 533 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $185k to $380k
$120k to $172k: 77 sales$120k$172k to $224k: 76 sales$224k to $276k: 70 sales$224k$276k to $328k: 58 sales$328k to $379k: 93 sales93sales$328k$379k to $431k: 78 sales$431k to $483k: 22 sales$431k$483k to $535k: 6 salesMedian $292k

What the numbers say

As of September 14, 2026, Resideline is tracking 65 active listings and 10 pending sales in ZIP code 60453. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $191,000, while the median of the 533 closed sales Resideline tracked over the last six months was $292,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 60453 for 64 days.

Frequently asked questions

What is the median home price in 60453?

The median closed sale price in Oak Lawn, IL 60453 was $292,000 over the last six months, based on 533 closed sales tracked by Resideline. The middle half of those sales ranged from $185,000 to $380,000.

Is 60453 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 65 active listings in 60453, a pending-to-active ratio of 0.15. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 60453 currently looks like a balanced market.

Nearby ZIP code market data

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