Is Oak Brook, IL 60523 a buyer’s or seller’s market?
Oak Brook is a seller’s market. With about 3 months of supply and 23% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 44% of U.S. ZIP codes, and #403 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Oak Brook housing market right now
In the three months ending August 31, 2026, 23% of homes in Oak Brook, IL 60523 sold above their list price, the typical home went under contract in 51 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (71 days then) and the median sale price rose 2% to $769,667. Overall, Oak Brook is more competitive than a year ago, so tougher for buyers.
Within DuPage County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 97%. On our competition score, Oak Brook ranks #403 of 464 IL ZIP codes with enough sales (score 44 out of 100).
Nearby, buyers who want less competition could look at Wayne 60184 (20% sold over asking), while Medinah 60157 (80% sold over asking) and Villa Park 60181 (60% sold over asking) are even more competitive.
Run the numbers for 60523
Nearby markets
Addison 60101Seller’s market $233 /sq ftAurora 60502Seller’s market $225 /sq ftAurora 60504Seller’s market $219 /sq ftBartlett 60103Seller’s market $232 /sq ft Browse all markets →Towns like Oak Brook nearby
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Questions about Oak Brook real estate
Is Oak Brook a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Oak Brook, IL 60523 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Oak Brook?
The typical home went under contract in 51 days in the latest three months.
Do homes in Oak Brook sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Oak Brook?
About 2.05% of a home’s value a year in DuPage County, or roughly $8,200 on a $400,000 home.
What is the median home price in Oak Brook?
The median sale price was $769,667 in the three months ending August 31, 2026, about $282 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology