Dupage Policy Journal

Dupage Policy Journal

Thursday, November 21, 2019

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

Real Estate

By Local Labs News Service | Jul 7, 2019

Re 12

The median sale price of a home sold in the first half of 2019 in Oak Brook in DuPage County rose by $127,750 while total sales decreased by 26%, according to BlockShopper.com.

From January through June of 2019, there were 37 homes sold, with a median sale price of $680,000 - a 23.1% increase over the $552,250 median sale price for the same period of the previous year. There were 50 homes sold in Oak Brook in the first half 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 half of 2019.

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

City
Jan. - June 2019 Home Sales
Jan. - June 2018 Home Sales
% change (Total Home Sales)
Jan. - June 2019 Median Sales Price
Jan. - June 2018 Median Sales Price
% change (Median Sales Price)
Hinsdale
129
112
15.2%
$850,000
$937,750
-9.4%
Oak Brook
37
50
-26%
$680,000
$552,250
23.1%
Burr Ridge
44
33
33.3%
$578,500
$530,000
9.2%
Wayne
16
14
14.3%
$485,000
$485,000
0%
Clarendon Hills
58
58
0%
$407,500
$490,500
-16.9%
Elmhurst
288
265
8.7%
$393,000
$410,000
-4.1%
Glen Ellyn
197
165
19.4%
$361,000
$395,000
-8.6%
Naperville
536
622
-13.8%
$344,643
$350,250
-1.6%
Medinah
9
7
28.6%
$337,000
$278,000
21.2%
Glenbard South
24
20
20%
$329,500
$329,500
0%
Downers Grove
348
316
10.1%
$324,250
$331,000
-2%
* This story only considers sales data for the part of Oak Brook that is in DuPage County.

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