Oak Lawn Market Report
90-day market data from Chicago MLS — updated February 28, 2026
Source: MRED MLS, 90-day sold data. Updated February 28, 2026.
Example 2.5% commission on the Oak Lawn median of $340K = $8,500. Net Gain's flat fee = $1,995.
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Price Band Breakdown
Where buyers are actually competing in Oak Lawn
| Price Range | Sold | Avg Days | Sale-to-List | Active |
|---|---|---|---|---|
| $350K-$400K Strongest Demand | 22 | 36d | 99% | 11 |
| $250K-$300K | 16 | 85d | 99% | 5 |
| $450K-$500K | 6 | 77d | 98% | 2 |
| $200K-$250K | 7 | 75d | 98% | 5 |
| $300K-$350K | 14 | 31d | 96% | 9 |
The $350K-$400K range shows the strongest buyer demand with 22 sales averaging 36 days to contract . Currently 11 active listings competing.
Market Velocity
How fast the Oak Lawn market is moving
30% of active listings have taken price cuts, suggesting some sellers initially overpriced.
Homes are taking 41 days to contract on average, though competitively priced properties move faster at 11 days.
2 months of supply indicates a balanced market where pricing strategy matters more than ever.
What This Means for Your Listing
Commission savings at the Oak Lawn median
In a market where correctly priced homes sell in 41 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.
At $340K, that's $6,505 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.
Or send your address to matthew@netgain.realty for a property-specific analysis
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