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Dupage Policy Journal

Saturday, November 16, 2024

Oakbrook Terrace home prices rise in November 2017

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The median sale price of a home sold in November 2017 in Oakbrook Terrace rose by $57,600 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In November 2017, there were five homes sold, with a median sale price of $285,600 - a 25.3% increase over the $228,000 median sale price for the same period of the previous year. There were five homes sold in Oakbrook Terrace in November 2016, as well.

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 1.7%.

The following table compares Oakbrook Terrace to other DuPage County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Elmhurst44432.3%$338,500$320,5005.6%
Naperville1129419.1%$332,250$308,5007.7%
Darien272412.5%$307,000$255,00020.4%
Woodridge2328-17.9%$290,000$233,50024.2%
Downers Grove5264-18.8%$286,500$297,500-3.7%
Oakbrook Terrace550%$285,600$228,00025.3%
Clarendon Hills11757.1%$274,000$130,000110.8%
St. Charles30-$273,000$0-
Lisle1823-21.7%$270,000$322,000-16.1%
Glenbard South5425%$270,000$385,500-30%
Bloomingdale1841-56.1%$267,500$270,000-0.9%

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