Dupage Policy Journal

Dupage Policy Journal

Friday, October 18, 2019

Oakbrook Terrace home prices rise in the first half of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019


The median sale price of a home sold in the first half of 2019 in Oakbrook Terrace rose by $47,500 while total sales increased by 14.3%, according to BlockShopper.com.

From January through June of 2019, there were eight homes sold, with a median sale price of $247,500 - a 23.8% increase over the $200,000 median sale price for the same period of the previous year. There were seven homes sold in Oakbrook Terrace in the first half of 2018.

The median sales tax in Oakbrook Terrace for the most recent year with available data, 2017, was $4,744, approximately 1.9% of the median home sale price for the first half of 2019.

The following table compares Oakbrook Terrace 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)
Bartlett
151
154
-1.9%
$272,000
$269,250
1%
Woodridge
145
139
4.3%
$264,000
$257,800
2.4%
Wood Dale
100
70
42.9%
$260,000
$210,000
23.8%
Bloomingdale
154
108
42.6%
$257,750
$258,500
-0.3%
Roselle
103
111
-7.2%
$250,000
$215,000
16.3%
Oakbrook Terrace
8
7
14.3%
$247,500
$200,000
23.8%
Lombard
283
213
32.9%
$240,000
$237,500
1.1%
Carol Stream
217
199
9%
$238,000
$235,000
1.3%
West Chicago
100
70
42.9%
$235,000
$265,000
-11.3%
Villa Park
103
100
3%
$235,000
$245,000
-4.1%
Addison
138
131
5.3%
$231,000
$215,000
7.4%

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