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Dupage Policy Journal

Sunday, November 24, 2024

Oakbrook Terrace home prices rise in January 2017

Realestate077

The median sale price of a home sold in January 2017 in Oakbrook Terrace rose by $50,000 while total sales increased by 50%, according to BlockShopper.com.

In January 2017, there were three homes sold, with a median sale price of $200,000 - a 33.3% increase over the $150,000 median sale price for the same period of the previous year. There were two homes sold in Oakbrook Terrace in January 2016.

The median sales tax in Oakbrook Terrace for 2017 was $4,720.48. In 2016, the median sales tax was $4,481.90. This marks an increase of 5.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Oakbrook Terrace 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)
Bensenville11757.1%$227,000$205,00010.7%
Lombard473438.2%$225,000$196,50014.5%
Lisle181163.6%$216,250$256,000-15.5%
Roselle181612.5%$209,000$205,0002%
Carol Stream33323.1%$206,000$190,0008.4%
Oakbrook Terrace3250%$200,000$150,00033.3%
West Chicago1115-26.7%$182,000$198,000-8.1%
Aurora4349-12.2%$181,500$170,0006.8%
Addison24240%$181,000$221,000-18.1%
St. Charles110%$180,500$255,000-29.2%
Westmont231921.1%$175,000$295,000-40.7%

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