Explore Oakbrook Terrace, IL - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$275,000

Market Insights

The Oakbrook Terrace housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price of $275,000 represents a moderate 7.4% increase from this time last year. With 5 active listings, inventory is 400% higher than seasonal norms. Homes are now taking an average of 60 days to sell, significantly longer than the 31 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Oakbrook Terrace market with the affordability index at 408.6. Based on current market indicators, home prices in Oakbrook Terrace are projected to increase by approximately 9.8% over the next month.

Demographics market for - Oakbrook Terrace, IL

Total Population -

2,945

White Population

66.59%

Black Population

11.17%

Mexican91.95% (7.37% of total population)
Puerto Rican8.05% (0.65% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 51.27% (4.11% of total population)
Bangladeshi 0%
Chinese 14.41% (1.15% of total population)
Bhutanese 0%
Burmese 0%
Filipino 52.12% (4.18% of total population)
Hmong 0%
Indonesian 0%
Japanese 4.66% (0.37% of total population)
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 19.92% (1.60% of total population)
Srilankan 0%
Taiwanese 1.69% (0.14% of total population)
Pakistani 19.92% (1.60% of total population)
Srilankan 0%
Taiwanese 1.69% (0.14% of total population)
Thai 11.86% (0.95% of total population)
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Oakbrook Terrace, IL

Homicide Offenses100.00%

Assault Offenses100.00%

Fraud Offenses100.00%

Sex Offenses100.00%

Destruction/Damage/Vandalism of Property13.64%
Larceny/Theft Offenses86.36%

Real Estate Market Prediction for - Oakbrook Terrace, IL

City Hotspots
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