Oak Lawn 60453

Cook County, IL · 59,223 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

65affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
21.4%
affordable
Days on market
59
daily
Price cuts
26.3%
of active
Valuation
-10.8%
vs assessor
Look up an address
74
/100
Stable
hot · buyer advantage · prices rising year-over-year.
Price trend
60
Affordability
95
Valuation
70
Economic health
65

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

32/ 100SellerBalancedBuyer
Seller's Market
DOM: 68d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)25
Cancellation Rate (10%)25
Days on Market (5%)75

Seller-favored market in 60453. Expect to pay at or near list price. Payment burden: 21.5% of median income. Median days on market: 68. Renting is approximately 12% cheaper than buying (price-to-rent ratio: 13.5).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
HOTBUYER ADVANTAGE

Market is running hot with fast-moving inventory. Buyers have strong negotiating leverage. Prices up 6.1% YoY.

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Market snapshoteach number, once

Median price
$291,636
▴ 6.1% YoY
Days on market
59
daily · zip_data
Median rent
$1,797
ZORI
Investor score
88/100
cash-flow lens
Active listings
201
90-day

Valuation3 lenses, different anchors

vs assessor
-10.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$260,000
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+44.5%
County-wide market — the widest, slowest signal.
Cook+44.5%
Cook+44.5%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$168
Price-to-income3.5×

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How 60453 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity37%
Supply tightness33%
Affordability21%
Investment yield70%
Appreciation53%

Affordability, supply & momentum

15SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply15.6 mo
Days on Market59d
Inv vs History+19.4%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,473
Payment burden21.4%
Median income · ZIP$82,493
Mortgage rate6.49% · 30yr
Total monthly own$1,765
Monthly rent$1,797
Market dynamics
Price cut %26.3%
Momentumhot
LeverageBUYER ADVANTAGE
Months of supply15.6
Sales (90d)0
Investment analysis
Median rent$1,797
Price-to-rent13.5
Est. cap rate4.8%
Buy vs rentfavors buying

Livability

Walk score5
Transit score14
Bike score—

Historical trends

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Cook County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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