Oakbrook Terrace home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Oakbrook Terrace rose by $10,000 while total sales increased by 25%, according to BlockShopper.com.

From July through September of 2020, there were five homes sold, with a median sale price of $225,000 - a 4.7% increase over the $215,000 median sale price for the same period of the previous year. There were four homes sold in Oakbrook Terrace in the third quarter of 2019.

The median sales tax in Oakbrook Terrace for the most recent year with available data, 2019, was $4,830, approximately 2.1% of the median home sale price for the third quarter of 2020.

The following table compares Oakbrook Terrace to other DuPage County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Carol Stream159168-5.4%$255,000$250,0002%
Oakbrook Terrace5425%$225,000$215,0004.7%
Glendale Heights109155-29.7%$225,000$195,00015.4%
Hanover Park6390-30%$195,000$199,250-2.1%
York Center31296.9%$175,000$180,000-2.8%
Dupage City3541-14.6%$153,000$130,00017.7%

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