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Dupage Policy Journal

Friday, November 15, 2024

Q4 real estate sales report: Oakbrook Terrace

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Median prices rose in Oakbrook Terrace over last year, and are up 15.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 12 homes sold in Oakbrook Terrace for a median price of $315,000. That's 27.6 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Oakbrook Terrace.

Median property tax for homeowners in Oakbrook Terrace was $4,411.58 in 2017 according to tax data from that year. That means homeowners pay 1.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Oakbrook Terrace real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
8
$273,195
-
2010
2
$186,105
-31.9%
2011
2
$215,830
16%
2012
6
$149,058
-30.9%
2013
11
$248,400
66.6%
2014
13
$239,030
-3.8%
2015
12
$298,390
24.8%
2016
8
$228,375
-23.5%
2017
11
$246,840
8.1%
2018
12
$315,000
27.6%

Median property tax
Median sale price
Effective property tax rate
2011
$6,542.07
$215,830
3%
2012
$5,411.98
$149,058
3.6%
2013
$4,780.87
$248,400
1.9%
2014
$5,269.04
$239,030
2.2%
2015
$5,039.86
$298,390
1.7%
2016
$3,773.30
$228,375
1.7%
2017
$4,411.58
$246,840
1.8%

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