In October 2017, there were seven homes sold, with a median sale price of $700,000. There were eight homes sold in Oak Brook in October 2016, and the median sales price for the period was also $700,000.
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 October 2017:
City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Oak Brook | 7 | 8 | -12.5% | $700,000 | $700,000 | 0% |
Hinsdale | 14 | 17 | -17.6% | $577,500 | $635,000 | -9.1% |
Burr Ridge | 8 | 13 | -38.5% | $567,500 | $595,000 | -4.6% |
Clarendon Hills | 9 | 21 | -57.1% | $480,000 | $352,500 | 36.2% |
Elmhurst | 34 | 66 | -48.5% | $446,500 | $390,000 | 14.5% |
Wayne | 1 | 0 | - | $430,000 | $0 | - |
Itasca | 4 | 12 | -66.7% | $412,500 | $242,500 | 70.1% |
Darien | 14 | 28 | -50% | $331,250 | $238,750 | 38.7% |
Naperville | 66 | 153 | -56.9% | $322,500 | $277,500 | 16.2% |
Medinah | 3 | 5 | -40% | $315,000 | $416,000 | -24.3% |
Glen Ellyn | 26 | 44 | -40.9% | $287,500 | $278,500 | 3.2% |