From April to June, 318 homes sold in Oak Lawn for a median price of $178,750. That's 1.9 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 10 homes in Oak Lawn were in foreclosure.
Median property tax for homeowners in Oak Lawn was $4,790.59 in 2017 according to tax data from that year. That means homeowners pay 2.7 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Oak Lawn real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
119
$196,560
-
2010
153
$197,220
0.3%
2011
118
$144,640
-26.7%
2012
182
$125,350
-13.3%
2013
226
$125,280
-0.1%
2014
222
$127,200
1.5%
2015
211
$148,400
16.7%
2016
267
$159,600
7.5%
2017
288
$175,440
9.9%
2018
318
$178,750
1.9%
Median property tax
Median sale price
Effective property tax rate
2009
$4,810.34
$196,560
2.4%
2010
$5,010.67
$197,220
2.5%
2011
$4,466.11
$144,640
3.1%
2012
$4,524.72
$125,350
3.6%
2013
$4,337.58
$125,280
3.5%
2014
$4,081.93
$127,200
3.2%
2015
$4,467.03
$148,400
3%
2016
$4,557.40
$159,600
2.9%
2017
$4,790.59
$175,440
2.7%
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