The fourth quarter of 2021: Home prices in Oakbrook Terrace increased
The median sale price of a home sold in the fourth quarter of 2021 in Oakbrook Terrace rose by $142,500 while total sales increased by 20%, according to BlockShopper.com.
From October through December of 2021, there were 12 homes sold, with a median sale price of $380,000 - a 60% increase over the $237,500 median sale price for the same period of the previous year. There were 10 homes sold in Oakbrook Terrace in the fourth quarter of 2020.
The median sales tax in Oakbrook Terrace for the most recent year with available data, 2019, was $4,830, approximately 1.3% of the median home sale price for the fourth quarter of 2021.
The following table compares Oakbrook Terrace to other DuPage County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Naperville | 373 | 423 | -11.8% | $415,000 | $382,000 | 8.6% |
| Clarendon Hills | 48 | 71 | -32.4% | $415,000 | $495,000 | -16.2% |
| Elmhurst | 216 | 249 | -13.3% | $403,000 | $452,500 | -10.9% |
| Glen Ellyn | 128 | 155 | -17.4% | $395,500 | $420,000 | -5.8% |
| Downers Grove | 230 | 247 | -6.9% | $392,500 | $340,000 | 15.4% |
| Oakbrook Terrace | 12 | 10 | 20% | $380,000 | $237,500 | 60% |
| Winfield | 37 | 51 | -27.5% | $355,000 | $323,000 | 9.9% |
| Bartlett | 113 | 113 | 0% | $345,000 | $300,000 | 15% |
| Wheaton | 240 | 260 | -7.7% | $343,750 | $329,500 | 4.3% |
| Medinah | 8 | 9 | -11.1% | $343,500 | $400,000 | -14.1% |
| Bolingbrook | 6 | 2 | 200% | $336,500 | $154,750 | 117.4% |