Covington Oak Lawn, IL House Prices & Home Values 2026

Average Data

average house price	$150,226
average size per house	1131 ft²
average price per ft²	126 $ / ft²

04/15/2026 - The value range (VR) for house prices in Covington Oak Lawn, IL is $119.7/ sqft to $132.3/ sqft. An average home with 1131 sqft costs approximately $128,206 to $141,701. Oak Lawn, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60453, while the highest are in ZIP 60453. The average price per sqare feet is $126. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Covington Oak Lawn

60453

117 $ / ft²

Historical development of home values in Covington Oak Lawn

Year	Estimated value (USD)	Change vs. 2025
2010	$69,768	-53.6%
2011	$67,070	-55.4%
2012	$66,889	-55.5%
2013	$69,389	-53.8%
2014	$72,840	-51.5%
2015	$76,578	-49.0%
2016	$80,574	-46.4%
2017	$84,923	-43.5%
2018	$89,618	-40.3%
2019	$93,774	-37.6%
2020	$98,621	-34.4%
2021	$112,171	-25.3%
2022	$130,767	-13.0%
2023	$137,899	-8.2%
2024	$145,877	-2.9%
2025	$150,226	0.0%

Graph: estimated home values in Covington Oak Lawn over time (USD)

Example: 100% financing house in Covington Oak Lawn

Loan amount: $150,226

Interest rate: 5.68%

Fixed monthly payment: $870.20

Breakdown in the 1st month:
Interest portion: $711.32 – Principal portion: $158.88

Yearly breakdown (100% financing)

Year	Interest per year ($)	Principal per year ($)	Remaining balance at year-end ($)
1	$8,485.40	$1,957.00	$148,269.00
2	$8,371.26	$2,071.13	$146,197.87
3	$8,250.46	$2,191.93	$144,005.94
4	$8,122.62	$2,319.77	$141,686.17
5	$7,987.33	$2,455.07	$139,231.10
6	$7,844.14	$2,598.26	$136,632.84
7	$7,692.60	$2,749.79	$133,883.05
8	$7,532.22	$2,910.17	$130,972.88
9	$7,362.49	$3,079.90	$127,892.97
10	$7,182.86	$3,259.53	$124,633.44
11	$6,992.75	$3,449.64	$121,183.80
12	$6,791.56	$3,650.83	$117,532.97
13	$6,578.63	$3,863.76	$113,669.20
14	$6,353.28	$4,089.11	$109,580.09
15	$6,114.79	$4,327.60	$105,252.49
16	$5,862.39	$4,580.00	$100,672.49
17	$5,595.27	$4,847.12	$95,825.37
18	$5,312.57	$5,129.82	$90,695.54
19	$5,013.38	$5,429.01	$85,266.53
20	$4,696.74	$5,745.65	$79,520.88
21	$4,361.64	$6,080.75	$73,440.13
22	$4,006.99	$6,435.40	$67,004.72
23	$3,631.65	$6,810.74	$60,193.98
24	$3,234.43	$7,207.96	$52,986.02
25	$2,814.04	$7,628.36	$45,357.66
26	$2,369.13	$8,073.27	$37,284.40
27	$1,898.27	$8,544.13	$28,740.27
28	$1,399.94	$9,042.45	$19,697.82
29	$872.56	$9,569.84	$10,127.98
30	$314.41	$10,127.98	$0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.

How to sell in Covington Oak Lawn, IL

	1500 sqft	3900 sqft
Ø selling price	$216,570	$460,703
Ø fast selling	$196,882	$414,633
Ø high price sale	$236,258	$506,773

In 2026, houses in Covington Oak Lawn, IL will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $216,570 is 21.78% more expensive per square foot than a 3,900 sqft home priced at $460,703. Home prices in Covington Oak Lawn, IL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $318,948. Sellers who can wait longer may achieve a higher price of up to $389,825.

Covington Neighborhood in Oak Lawn, IL

Covington is a welcoming residential pocket in Oak Lawn, IL known for tree-lined blocks and a friendly, small-town vibe close to Chicago.

Location & Accessibility

Situated near major corridors like 95th Street, Cicero Avenue, and the I-294 Tri-State Tollway, the neighborhood offers quick commutes across the Southwest Suburbs and into the city via Metra.

Lifestyle & Amenities

Residents enjoy easy access to parks, playgrounds, and multi-use paths maintained by the Oak Lawn Park District, ideal for morning jogs and after-school play.
From casual eateries to everyday shopping along 95th Street and at nearby shopping centers, day-to-day conveniences are close at hand.
Families appreciate proximity to well-regarded public and private schools serving Oak Lawn, along with libraries, youth programs, and seasonal events. Advocate Christ Medical Center and other providers in Oak Lawn contribute to strong local healthcare access for residents.

Real Estate & Community

Covington real estate ranges from well-kept single-family homes to townhomes and condos, offering options for first-time buyers, move-up households, and downsizers. The neighborhood?s curb appeal, mature trees, and sidewalks create a walkable environment that encourages neighborly connection and outdoor living. Buyers value the area?s balance of affordability and convenience, while sellers benefit from consistent demand for homes near transportation, schools, and amenities. Whether you?re exploring homes for sale or planning a future move, Covington in Oak Lawn, IL delivers a comfortable lifestyle with suburban calm and city access.

FAQ – Home Values in Covington Oak Lawn

What is the median home value in Covington Oak Lawn in 2026?

In 2026, the typical home value in Covington Oak Lawn is about $150,226 for an average home size of 1131 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Covington Oak Lawn?

In 2026, homes in Covington Oak Lawn sell for an average of around $126 per square foot, with a typical range between $119.7 and $132.3 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Covington?

The average home size in Covington Oak Lawn is about 1131 square feet, with an estimated 2026 value around $150,226.

Neighborhoods close to Covington Oak Lawn, IL

Tanner Trails North Aurora, IL	183 $ / ft²
Chicago Lawn Chicago, IL	187 $ / ft²
St. Clair Gardens East Saint Louis, IL	43 $ / ft²
Bernice Lansing, IL	137 $ / ft²
Hunters Crossing Channahon, IL	140 $ / ft²
Cornerstone Lakes West Chicago, IL	218 $ / ft²

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