Oakbrook Terrace, IL Housing Market

Homes for sale

The Oakbrook Terrace housing market is somewhat competitive. The median sale price of a home in Oakbrook Terrace was $240K last month, down 6.3% since last year. The median sale price per square foot in Oakbrook Terrace is $203, down 2.4% since last year.

Trends
Demand
Migration
Schools
Climate

Oakbrook Terrace Housing Market Trends

What is the housing market like in Oakbrook Terrace today?

In May 2025, Oakbrook Terrace home prices were down 6.3% compared to last year, selling for a median price of $240K.

$240K

Sale Price

-6.3%
since last year

$203

Sale $/Sq. Ft.

-2.4%
since last year

Under List Price

0.7%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Oakbrook Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oakbrook Terrace add value to a home.

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How hot is the Oakbrook Terrace housing market?

Oakbrook Terrace is somewhat competitive. Homes sell in 49 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 49 days.
Hot homes
can sell for about 2% above list price and go pending in around 35 days.

Compare With Nearby Cities

Chicago

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 48 days.
Hot homes
can sell for about 4% above list price and go pending in around 29 days.

Naperville

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 43 days.
Hot homes
can sell for about 3% above list price and go pending in around 28 days.

See more nearby cities and neighborhoods

Oakbrook Terrace Migration & Relocation Trends

In Feb '25 - Apr '25, 16% of Oakbrook Terrace homebuyers searched to move out of Oakbrook Terrace, while 84% looked to stay within the metropolitan area.

Where are people moving to Oakbrook Terrace from?

Across the nation, 3% of homebuyers searched to move into Oakbrook Terrace from outside metros.
Peoria homebuyers searched to move into Oakbrook Terrace more than any other metro followed by Rockford and New York.

Where are people from Oakbrook Terrace moving to?

84% of Oakbrook Terrace homebuyers searched to stay within the Oakbrook Terrace metropolitan area.
Cape Coral was the most popular destination among Oakbrook Terrace homebuyers followed by Phoenix and Sarasota.

Number of People Moving to Oakbrook Terrace

least

most

People are moving to Oakbrook Terrace from

Inbound		Net inflow
Metros		Feb '25 - Apr '25
1	Peoria, IL	1,034
2	Rockford, IL	992
3	New York, NY	916
4	Springfield, IL	738
5	St. Louis, MO	732
6	San Francisco, CA	452
7	Los Angeles, CA	447
8	Decatur, IL	431
9	Indianapolis, IN	290
10	Houston, TX	249

People are leaving Oakbrook Terrace for

Outbound		Net outflow
Metros		Feb '25 - Apr '25
1	Cape Coral, FL	1,949
2	Phoenix, AZ	1,618
3	Sarasota, FL	1,171
4	Milwaukee, WI	1,145
5	Tucson, AZ	1,076
6	Miami, FL	1,038
7	Tampa, FL	1,016
8	Orlando, FL	1,005
9	Grand Rapids, MI	922
10	Nashville, TN	785

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Oakbrook Terrace that sold recently

Recently sold homes

SOLD JUN 9, 2025
$317,000 Last Sold Price
2 beds
2.5 baths
2,338 sq ft
1S045 Spring Rd Unit 3F, Oakbrook Terrace, IL 60181
List Price
$325,000
Sale to List
2% under list
Days on Market
121 days
1S045 Spring Rd Unit 3F, Oakbrook Terrace, IL 60181
SOLD JUN 6, 2025
$197,000 Last Sold Price
1 bed
1 bath
738 sq ft
18W017 Kirkland Ln, Villa Park, IL 60181
List Price
$189,000
Sale to List
4% over list
Days on Market
38 days
18W017 Kirkland Ln, Villa Park, IL 60181
SOLD JUN 3, 2025
$255,000 Last Sold Price
2 beds
1.5 baths
1,058 sq ft
17W767 Lowell Ln, Villa Park, IL 60181
List Price
$245,000
Sale to List
4% over list
Days on Market
40 days
17W767 Lowell Ln, Villa Park, IL 60181
SOLD JUN 2, 2025
$594,000 Last Sold Price
4 beds
3.5 baths
1,886 sq ft
1601 Astor Ave, Oakbrook Terrace, IL 60181
List Price
$599,000
Sale to List
1% under list
Days on Market
53 days
1601 Astor Ave, Oakbrook Terrace, IL 60181
SOLD MAY 27, 2025
$256,000 Last Sold Price
2 beds
2.5 baths
998 sq ft
17W706 Kirkland Ln, Villa Park, IL 60181
List Price
$239,900
Sale to List
7% over list
Days on Market
31 days
17W706 Kirkland Ln, Villa Park, IL 60181
SOLD MAY 23, 2025
$225,000 Last Sold Price
2 beds
2 baths
1,284 sq ft
20 N Tower Rd Unit 4N, Oak Brook, IL 60523
List Price
$235,000
Sale to List
4% under list
Days on Market
524 days
20 N Tower Rd Unit 4N, Oak Brook, IL 60523
SOLD MAY 22, 2025
$740,000 Last Sold Price
4 beds
2.5 baths
3,081 sq ft
493 W Dorchester Ave, Elmhurst, IL 60126
List Price
$750,000
Sale to List
1% under list
Days on Market
36 days
493 W Dorchester Ave, Elmhurst, IL 60126
BOUGHT WITH REDFIN MAY 22, 2025
$211,050 Last Sold Price
1 bed
1 bath
910 sq ft
40 N Tower Rd Unit 15K, Oak Brook, IL 60523
Redfin Corporation
List Price
$210,000
Sale to List
0% over list
Days on Market
24 days
40 N Tower Rd Unit 15K, Oak Brook, IL 60523
See all recently sold homes in Oakbrook Terrace.
See listings

Schools in Oakbrook Terrace

Learn about schools in the Oakbrook Terrace area

Elementary
Middle
High

GreatSchools Rating

8/10 Stella May Swartz Elementary School Public • 2-4	150 Students	4 reviews
NR Salt Creek Elementary School Public • PreK-1	147 Students	9 reviews
NR Stevenson School Public • K-2	154 Students	4 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Oakbrook Terrace housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Oakbrook Terrace.

Provided by First Street Foundation

More real estate resources for Oakbrook Terrace

New Listings in Oakbrook Terrace

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