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Dupage Policy Journal

Tuesday, November 26, 2024

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

Realestate1

The median sale price of a home sold in July 2017 in Oak Brook in DuPage County rose by $13,500 while total sales increased by 5.9%, according to BlockShopper.com.

In July 2017, there were 18 homes sold, with a median sale price of $746,000 - a 1.8% increase over the $732,500 median sale price for the same period of the previous year. There were 17 homes sold in Oak Brook in July 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 July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Hinsdale2941-29.3%$1,125,000$1,030,0009.2%
Oak Brook18175.9%$746,000$732,5001.8%
Burr Ridge121020%$668,500$526,50027%
Clarendon Hills2526-3.8%$580,000$692,500-16.2%
Wayne72250%$490,000$558,000-12.2%
Glen Ellyn57553.6%$435,000$412,0005.6%
Elmhurst84813.7%$422,500$430,000-1.7%
Oakbrook Terrace34-25%$369,900$187,25097.5%
Downers Grove1027732.5%$350,000$330,0006.1%
Naperville197208-5.3%$348,000$313,00011.2%
Glenbard South6520%$340,000$264,00028.8%
* This story only considers sales data for the part of Oak Brook that is in DuPage County.

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