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Oak Lawn, IL 60453 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Oak Lawn, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.18
ActiveActive listings: 4949PendingPending sales: 99
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): $290k$290kSoldMedian sold price (last 6 months): $285k$285k
What homes actually sell for in Oak Lawn, IL
Distribution of 487 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $184k to $375k
$118k to $167k: 69 sales$118k$167k to $216k: 72 sales72sales$216k to $265k: 56 sales$216k$265k to $314k: 55 sales$314k to $363k: 69 sales$314k$363k to $412k: 72 sales$412k to $461k: 34 sales$412k$461k to $510k: 11 salesMedian $285k

What the numbers say

As of October 5, 2026, Resideline is tracking 49 active listings and 9 pending sales in ZIP code 60453. That pending-to-active ratio of 0.18 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $290,000, while the median of the 487 closed sales Resideline tracked over the last six months was $285,000. 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 79 days.

Frequently asked questions

What is the median home price in 60453?

The median closed sale price in Oak Lawn, IL 60453 was $285,000 over the last six months, based on 487 closed sales tracked by Resideline. The middle half of those sales ranged from $184,000 to $375,000.

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

Resideline is currently tracking 9 pending sales against 49 active listings in 60453, a pending-to-active ratio of 0.18. 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

Full Oak Lawn, IL housing market report →

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