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Dupage Policy Journal

Sunday, November 17, 2024

Oak Brook (DuPage County) home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Oak Brook in DuPage County rose by $155,250 while total sales increased by 22.2%, according to BlockShopper.com.

From January through March of 2019, there were 22 homes sold, with a median sale price of $675,000 - a 29.9% increase over the $519,750 median sale price for the same period of the previous year. There were 18 homes sold in Oak Brook in the first quarter of 2018.

The median sales tax in Oak Brook for the most recent year with available data, 2017, was $10,143, approximately 1.5% of the median home sale price for the first quarter of 2019.

The following table compares Oak Brook to other DuPage County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Hinsdale543650%$737,500$800,000-7.8%
Oak Brook221822.2%$675,000$519,75029.9%
Burr Ridge211190.9%$570,000$460,00023.9%
Wayne10742.9%$482,500$515,000-6.3%
Medinah3250%$380,000$325,25016.8%
Elmhurst1027929.1%$375,500$365,5002.7%
Clarendon Hills20200%$344,000$416,500-17.4%
Glen Ellyn734369.8%$333,000$420,500-20.8%
Downers Grove13510133.7%$320,000$313,0002.2%
Bolingbrook440%$318,750$248,50028.3%
Naperville2061899%$309,000$335,000-7.8%
* This story only considers sales data for the part of Oak Brook that is in DuPage County.

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