Quantcast

Dupage Policy Journal

Saturday, April 20, 2024

Oak Brook (DuPage County) home prices fall in February 2017

Realestate4

The median sale price of a home sold in February 2017 in Oak Brook in DuPage County fell by $27,500 while total sales decreased by 50%, according to BlockShopper.com.

In February 2017, there were five homes sold, with a median sale price of $565,000 - a 4.6% decrease over the $592,500 median sale price for the same period of the previous year. There were 10 homes sold in Oak Brook in February 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 1.8%.

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

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Burr Ridge610-40%$1,310,000$486,000169.5%
Hinsdale17166.3%$685,000$1,220,000-43.9%
Oak Brook510-50%$565,000$592,500-4.6%
Wayne220%$526,000$425,00023.8%
Medinah220%$477,500$357,50033.6%
Clarendon Hills68-25%$420,500$236,25078%
Glen Ellyn1827-33.3%$372,000$460,000-19.1%
Elmhurst4723104.3%$320,000$420,000-23.8%
St. Charles12-50%$295,000$260,50013.2%
Naperville7891-14.3%$290,700$300,000-3.1%
Wheaton3141-24.4%$290,000$300,000-3.3%
* This story only considers sales data for the part of Oak Brook that is in DuPage County.

MORE NEWS