Current Price

$263,516

1 Month Forecast

â–² $286,303

1-Year Forecast *

â–² $302,072

5-Year Forecast *

â–² $342,087

"Is it a good time to buy homes in Oak Lawn?" "Does investing in real estate in Oak Lawn (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Oak Lawn is a good short-term (1-year) investment*. The Oak Lawn average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Oak Lawn" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Oak Lawn in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Oak Lawn can be a profitable property investment option. The median price of an average house in Oak Lawn was 263,516 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Oak Lawn" area is 342,087 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +29.82% meaning that investing 100000 USD today may yield a profit of 29,816 USD by 2031.

Current Median Listing Price: 263,516 USD Median Listing Price Per Square Foot: 146 USD

Oak Lawn Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Oak Lawn (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Oak Lawn Price Target

Oak Lawn median home price target in 12 months: $302,072* (upside of 14.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $282,092 $284,365 $282,003 $284,365
2024 $253,056 $263,516 $253,056 $263,516
2023 $239,963 $253,054 $239,317 $253,054
2022 $229,422 $241,033 $229,422 $246,641
2021 $202,480 $226,604 $202,480 $226,604
2020 $186,567 $199,692 $186,567 $199,692
2019 $180,940 $185,624 $180,940 $185,679
2018 $175,149 $179,859 $175,149 $179,952
2017 $165,007 $173,999 $165,007 $173,999
2016 $155,693 $163,985 $155,693 $163,985
2015 $151,347 $155,104 $150,914 $155,104
2014 $143,103 $150,880 $143,103 $150,880
2013 $128,863 $141,905 $128,863 $141,905
2012 $134,430 $129,442 $129,442 $134,430

Questions & Answers about the Oak Lawn Housing Market Forecast

How much does an average home cost in Oak Lawn today?

The value of an average home (the listing price) in Oak Lawn is $263,516 USD.

What is the average price per square foot in Oak Lawn?

According to Walletinvestor the median price per square foot in Oak Lawn is 146 USD.

Will the median listing price of homes in Oak Lawn grow / rise / go up?

Yes. The Oak Lawn home prices may rise from 263,516 USD to 302,072 USD in one year.

Is it profitable to invest in Oak Lawn homes?

Yes. The long-term profit potential is +14.63% in one year.

Will Oak Lawn house prices fall / drop?

No. See above.

What is the predicted price of a Oak Lawn home in 2030?

The predicted home sales price of a Oak Lawn home in 2030 in Oak Lawn is 328,169 USD.

What is the predicted price of a Oak Lawn home in 2035?

The predicted home sales price of a Oak Lawn home in 2035 in Oak Lawn is 395,413 USD.

Will real estate prices decrease in Oak Lawn?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Oak Lawn is the 980. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Oak Lawn decreased, looking at the past 12 months.

According to Walletinvestor's Oak Lawn real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.589% to 263,516 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.361% in 2021
  • 15.841% in 2022
  • 14.011% in 2023
  • 14.811% in 2024
  • 15.551% in 2025
  • 14.241% in 2026

Based on our Oak Lawn real estate market research and report the predicted sales prices will increase by 291.776% in the next 10 years.

Over the last 12 months, the value of homes in Oak Lawn fluctuated: increasing 3 times and decreasing 1 times.

Oak Lawn (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Oak Lawn Housing Market Forecast with Real Estate Prices for 2025
August 2025 286303 265976 306631
September 2025 288255 268365 308144
October 2025 290219 274548 305891
November 2025 292197 263562 320833
December 2025 294162 272688 315636
Oak Lawn Housing Market Forecast with Real Estate Prices for 2026
January 2026 294044 279342 308746
February 2026 293541 267416 319666
March 2026 294069 268779 319359
April 2026 295978 269932 322025
May 2026 297996 275050 320941
June 2026 300027 285026 315028
July 2026 302072 277604 326540
August 2026 304131 281321 326941
September 2026 306204 286913 325494
October 2026 306906 287571 326241
November 2026 306169 279226 333112
December 2026 304833 278007 331658
Oak Lawn Housing Market Forecast with Real Estate Prices for 2027
January 2027 303475 277073 329877
February 2027 302123 279766 324481
March 2027 301313 278714 323911
April 2027 300844 276476 325213
May 2027 299509 283036 315982
June 2027 298702 280182 317221
July 2027 298769 277556 319982
August 2027 300331 276305 324358
September 2027 302012 281475 322548
October 2027 303817 276777 330856
November 2027 305887 285699 326076
December 2027 307972 287030 328914
Oak Lawn Housing Market Forecast with Real Estate Prices for 2028
January 2028 310071 286816 333327
February 2028 312096 283071 341121
March 2028 313365 290803 335927
April 2028 314324 297351 331298
May 2028 314327 292638 336015
June 2028 315223 285592 344854
July 2028 317371 301185 333557
August 2028 319535 302599 336470
September 2028 321712 304983 338441
October 2028 322963 297448 348477
November 2028 323540 292480 354600
December 2028 324059 293273 354845
Oak Lawn Housing Market Forecast with Real Estate Prices for 2029
January 2029 324434 296857 352010
February 2029 324590 300570 348610
March 2029 325134 307577 342691
April 2029 325932 295295 356570
May 2029 328154 301902 354406
June 2029 328404 306073 350736
July 2029 328169 301259 355078
August 2029 328051 309680 346422
September 2029 328122 309419 346825
October 2029 328734 304737 352732
November 2029 330799 308966 352631
December 2029 333053 314069 352037
Oak Lawn Housing Market Forecast with Real Estate Prices for 2030
January 2030 335323 318557 352089
February 2030 337609 316677 358541
March 2030 339910 316456 363364
April 2030 342195 317899 366491
May 2030 342058 320166 363949
June 2030 341472 314496 368449
July 2030 342087 307878 376295
August 2030 344308 324683 363934
September 2030 346655 320309 373001
October 2030 349018 321096 376939
November 2030 351397 332421 370372
December 2030 353792 320535 387048
Oak Lawn Housing Market Forecast with Real Estate Prices for 2031
January 2031 356203 329132 383275
February 2031 357020 333813 380226
March 2031 356163 321971 390355
April 2031 354608 328367 380849
May 2031 353029 325846 380212
June 2031 351457 328612 374301
July 2031 350514 328782 372245
August 2031 349969 325471 374466
September 2031 348415 323329 373501
October 2031 347476 321416 373537
November 2031 347554 325311 369798
December 2031 349372 324217 374527
Oak Lawn Housing Market Forecast with Real Estate Prices for 2032
January 2032 351327 332004 370650
February 2032 353426 321264 385588
March 2032 355835 322742 388928
April 2032 358261 338914 377607
May 2032 360702 335453 385952
June 2032 363058 330745 395370
July 2032 364534 343027 386042

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.