Oak Brook (DuPage County) home prices fell in the fourth quarter of 2021

Oak Brook (DuPage County) home prices fell in the fourth quarter of 2021
By DuPage Policy Journal

The median sale price of a home sold in the fourth quarter of 2021 in Oak Brook in DuPage County fell by $27,500 while total sales increased by 14.9%, according to BlockShopper.com.

From October through December of 2021, there were 54 homes sold, with a median sale price of $737,500 - a 3.6% decrease over the $765,000 median sale price for the same period of the previous year. There were 47 homes sold in Oak Brook in the fourth quarter of 2020.

The median sales tax in Oak Brook for the most recent year with available data, 2019, was $10,640, approximately 1.4% of the median home sale price for the fourth quarter of 2021.

The following table compares Oak Brook to other DuPage County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Hinsdale105115-8.7%$850,000$782,0008.7%
Oak Brook544714.9%$737,500$765,000-3.6%
Burr Ridge3338-13.2%$675,000$725,000-6.9%
Wayne1012-16.7%$589,000$472,50024.7%
Glenbard South21205%$460,000$342,50034.3%
Naperville373423-11.8%$415,000$382,0008.6%
Clarendon Hills4871-32.4%$415,000$495,000-16.2%
Elmhurst216249-13.3%$403,000$452,500-10.9%
Glen Ellyn128155-17.4%$395,500$420,000-5.8%
Downers Grove230247-6.9%$392,500$340,00015.4%
Oakbrook Terrace121020%$380,000$237,50060%
* This story only considers sales data for the part of Oak Brook that is in DuPage County.


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