Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Oak Lawn, Illinois is currently $4.2M per acre. For a typical parcel, the median sale price is $373K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $231K while premium lots reached $515K.
The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The top-performing broker in this market is Jameson Sotheby's Intl Realty.
Land in Oak Lawn, Illinois typically sells within 23 days of listing. The median time on market is 23 days. Properties are moving quickly in the current strong buyer's market.
Land in Oak Lawn, Illinois averages $4.2M per acre. The median price per acre is $4.2M, which may be more representative of typical transactions. Most parcels sold are around 7,813 sq ft.
There are currently 3 active listings in Oak Lawn, Illinois. The median asking price is $850K.
Over the past 12 months, Oak Lawn, Illinois saw 2 properties sold, totaling $746K in sales volume.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
