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Dupage Policy Journal

Sunday, November 24, 2024

Oak Brook (DuPage County) home prices rise in January 2017

Realestate4

The median sale price of a home sold in January 2017 in Oak Brook in DuPage County rose by $115,000 while total sales increased by 14.3%, according to BlockShopper.com.

In January 2017, there were eight homes sold, with a median sale price of $747,500 - a 18.2% increase over the $632,500 median sale price for the same period of the previous year. There were seven homes sold in Oak Brook in January 2016.

The median sales tax in Oak Brook for 2017 was $10,143.94. In 2016, the median sales tax was $9,811.40. This marks an increase of 3.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Oak Brook to other DuPage County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Oak Brook8714.3%$747,500$632,50018.2%
Hinsdale251931.6%$656,000$770,000-14.8%
Burr Ridge880%$573,250$886,000-35.3%
Elmhurst4350-14%$392,000$310,00026.5%
Wayne41300%$369,000$375,000-1.6%
Wheaton3648-25%$332,500$297,50011.8%
Glen Ellyn2430-20%$330,000$399,000-17.3%
Medinah12-50%$314,000$457,250-31.3%
Downers Grove634153.7%$312,000$316,000-1.3%
Naperville1258252.4%$294,000$267,5009.9%
Winfield1011-9.1%$275,500$324,000-15%
* This story only considers sales data for the part of Oak Brook that is in DuPage County.

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