Oakbrook Terrace, IL is an affluent town located in DuPage County with a median housing value of $338,000. This number is just slightly higher than the US house median value of $338,100, indicating that Oakbrook Terrace has slightly more expensive housing than the national average. In addition, housing appreciation in Oakbrook Terrace over the past year was 9.73%, higher than the national one-year house appreciation of 8.27%. This suggests that property values in Oakbrook Terrace have been increasing at a faster rate than the national average over the last year.
The median home cost in Oakbrook Terrace is $338,000. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Oakbrook Terrace is up 12.6%.
Average Age of Homes
- The median age of Oakbrook Terrace real estate is 43 years old
The Rental Market in Oakbrook Terrace
- Renters make up 46.1% of the Oakbrook Terrace population
- 3.1% of houses and apartments in Oakbrook Terrace, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.