Oak Brook, IL Housing Market
The Oak Brook housing market is somewhat competitive. Homes in Oak Brook receive 2 offers on average and sell in around 52 days. The median sale price of a home in Oak Brook was $998K last month, up 10.8% since last year. The median sale price per square foot in Oak Brook is $294, up 8.1% since last year.
Oak Brook Housing Market Trends
In April 2024, Oak Brook home prices were up 10.8% compared to last year, selling for a median price of $998K. On average, homes in Oak Brook sell after 52 days on the market compared to 97 days last year. There were 4 homes sold in April this year, down from 19 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Oak Brook housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 52 days.
- Hot homescan sell for about 5% above list price and go pending in around 35 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 53 days.
- Hot homescan sell for about 3% above list price and go pending in around 34 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 41 days.
- Hot homescan sell for about 4% above list price and go pending in around 30 days.
Oak Brook Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Oak Brook from outside metros.
- New York homebuyers searched to move into Oak Brook more than any other metro followed by St. Louis and San Francisco.
- 86% of Oak Brook homebuyers searched to stay within the Oak Brook metropolitan area.
- Cape Coral was the most popular destination among Oak Brook homebuyers followed by Sarasota and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,615 | ||
2 | 679 | ||
3 | 530 | ||
4 | 508 | ||
5 | 358 | ||
6 | 341 | ||
7 | 193 | ||
8 | 169 | ||
9 | 47 | ||
10 | 44 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 2,144 | ||
2 | 1,398 | ||
3 | 1,220 | ||
4 | 1,203 | ||
5 | 1,200 | ||
6 | 1,122 | ||
7 | 859 | ||
8 | 781 | ||
9 | 774 | ||
10 | 685 |
Home offer insights for Oak Brook
Recent offers
View houses in Oak Brook that sold recently
Recently sold homes
- $835,000 Last Sold Price4 beds2.5 baths3,150 sq ft2 Ivy Ln, Oak Brook, IL 60523List Price$995,000Sale to List16% under listDays on Market524 days2 Ivy Ln, Oak Brook, IL 60523
- $1,575,000 Last Sold Price4 beds5 baths4,482 sq ft1507 Midwest Club Pkwy, Oak Brook, IL 60523List Price$1,575,000Sale to List0% over listDays on Market268 days1507 Midwest Club Pkwy, Oak Brook, IL 60523
- $570,000 Last Sold Price3 beds3 baths2,200 sq ft19w187 Newport Ln, Oak Brook, IL 60523List Price$579,900Sale to List2% under listDays on Market32 days19w187 Newport Ln, Oak Brook, IL 60523
- $1,035,007 Last Sold Price4 beds4.5 baths3,328 sq ft3702 Frederick Dr, Oak Brook, IL 60523List Price$1,069,000Sale to List3% under listDays on Market52 days3702 Frederick Dr, Oak Brook, IL 60523
- $1,650,000 Last Sold Price4 beds4.5 baths7,953 sq ft18 Natoma Dr, Oak Brook, IL 60523List Price$1,650,000Sale to List0% over listDays on Market90 days18 Natoma Dr, Oak Brook, IL 60523
- $1,105,000 Last Sold Price4 beds3 baths2,862 sq ft38 Chatham Ln, Oak Brook, IL 60523List Price$985,000Sale to List12% over listDays on Market35 days38 Chatham Ln, Oak Brook, IL 60523
- $662,500—beds—baths2,281 sq ft5 Oak Brook Club Dr #303, Oak Brook, IL 60523List Price—Sale to List—Days on Market—5 Oak Brook Club Dr #303, Oak Brook, IL 60523
- $1,550,000 Last Sold Price5 beds6.5 baths5,440 sq ft122 Covington Ct, Oak Brook, IL 60523List Price$1,799,000Sale to List14% under listDays on Market96 days122 Covington Ct, Oak Brook, IL 60523
See all recently sold homes in Oak Brook.
See listings
Schools in Oak Brook
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Brook Forest Elementary School Public • K-5 | 263 Students | 6 reviews |
8/10 York Center Elementary School Public • 3-5 | 190 Students | 4 reviews |
6/10 Stella May Swartz Elementary School Public • 2-4 | 146 Students | 4 reviews |
NR Stevenson School Public • PreK-2 | 216 Students | 3 reviews |
Climate's impact on Oak Brook housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Oak Brook.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Oak Brook
More real estate resources for Oak Brook
New Listings in Oak Brook
Nearby City Housing Markets
Neighborhood Housing Markets
Zip Code Housing Markets
Nearby City Listings
Neighborhood Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.