Photo: NS Zakeruga at English Wikipedia · Public domain23 homes sold in Oakbrook Terrace in the last year, at a typical $436K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Oakbrook Terrace homes are listed.
Every place Oakbrook Terrace homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Oakbrook Terrace.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
43% of Oakbrook Terrace’s sales are condos, at $316K less than a house
13 houses and 10 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.
typical sale · 13 sold in 12 months
- Per square foot
- $268IL $180
- Days to sell
- 68
- Sold over asking
- 15%
- Listings with a price cut
- 36%
typical sale · 10 sold in 12 months
- Per square foot
- $193IL $251
- Days to sell
- 74
- Sold over asking
- 50%
- Listings with a price cut
- 20%
Fewer homes sell than a decade ago, at 1.3 times the 2017 price
23 sales in the last year, against 41 in 2017 and a low of 19 in 2025. The typical sale went from $345K in 2017 to $436K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Oakbrook Terrace
Check a listing against what Oakbrook Terrace homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Oakbrook Terrace home costs about $2,947 a month
Price: Oakbrook Terrace’s typical sale, last 12 months. Property tax at Oakbrook Terrace’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oakbrook Terrace is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $436K home, about $8,080 a year.
Taxes vs. neighborsSchools
The schools grade for Oakbrook Terrace, from test results, graduation and how much students grow.
Schools in Oakbrook TerraceTypical commute
The average one-way trip to work for people who live in Oakbrook Terrace.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Oak Brook and Elmhurst for far more
The busier markets within 25 miles of Oakbrook Terrace, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lombard | 618 | $369K | $243 | 43% | 47 |
| Elmhurst | 513 | $672K | $354 | 35% | 52 |
| Villa Park | 188 | $379K | $265 | 49% | 48 |
| Oak Brook | 111 | $1M | $301 | 22% | 73 |
| Hillside | 61 | $330K | $244 | 38% | 63 |
| Berkeley | 55 | $311K | $233 | 47% | 71 |
| Oakbrook Terrace | 23 | $436K | $235 | 30% | 71 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Oakbrook Terrace, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oakbrook Terrace. People who follow the town see it, and so do people comparing Oakbrook Terrace with their own town. No commission, no listing fee.
Questions about buying a home in Oakbrook Terrace
What do homes sell for in Oakbrook Terrace, IL?
23 homes sold in the year to May 2026 at a typical $436K, $235 a square foot. Houses sold for about $574K, condos for about $258K.
Is Oakbrook Terrace a buyer’s or seller’s market?
A balanced market: 6 homes were for sale in May 2026 and 1 sold, about 6 months of supply. Buyers paid 99.7% of asking on average, and 23% of listings cut their price.
How much are property taxes in Oakbrook Terrace?
About 1.9% of a home’s value a year. On a $436K home that’s near $8,080.
Where can I see homes for sale in Oakbrook Terrace?
Zillow, Redfin, Realtor.com and Homes.com all carry Oakbrook Terrace’s MLS listings; the search links above open each one filtered to Oakbrook Terrace.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).