Oakbrook Terrace home prices fall in the fourth quarter of 2019
The median sale price of a home sold in the fourth quarter of 2019 in Oakbrook Terrace fell by $79,000 while total sales decreased by 41.7%, according to BlockShopper.com.
From October through December of 2019, there were seven homes sold, with a median sale price of $236,000 - a 25.1% decrease over the $315,000 median sale price for the same period of the previous year. There were 12 homes sold in Oakbrook Terrace in the fourth quarter of 2018.
The median sales tax in Oakbrook Terrace for the most recent year with available data, 2018, was $4,835, approximately 2% of the median home sale price for the fourth quarter of 2019.
The following table compares Oakbrook Terrace to other DuPage County cities with similar median sales prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Itasca | 29 | 27 | 7.4% | $255,000 | $270,000 | -5.6% |
| Roselle | 69 | 71 | -2.8% | $253,000 | $228,000 | 11% |
| West Chicago | 55 | 71 | -22.5% | $251,000 | $230,000 | 9.1% |
| Villa Park | 66 | 82 | -19.5% | $243,500 | $247,000 | -1.4% |
| Lombard | 166 | 152 | 9.2% | $236,250 | $240,000 | -1.6% |
| Oakbrook Terrace | 7 | 12 | -41.7% | $236,000 | $315,000 | -25.1% |
| Addison | 95 | 118 | -19.5% | $235,000 | $231,000 | 1.7% |
| Aurora | 197 | 199 | -1% | $227,000 | $209,000 | 8.6% |
| Carol Stream | 108 | 143 | -24.5% | $227,000 | $233,000 | -2.6% |
| Wood Dale | 41 | 46 | -10.9% | $226,500 | $209,000 | 8.4% |
| Bloomingdale | 89 | 92 | -3.3% | $223,500 | $264,110.50 | -15.4% |