Oak Brook, IL Real Estate Listings & Homes for Sale

In June 2025, the Oak Brook housing market showed signs of softening, with home prices down 2.8% year-over-year and a median sale price of $1.1M. Homes took slightly longer to sell, averaging 60 days on the market compared to 58 days last year, indicating slower buyer activity. Sales volume also declined, with 12 homes sold this June versus 16 a year ago. These trends suggest reduced demand or increased buyer caution, creating a more balanced market where sellers may need to adjust pricing expectations to attract offers.

The Oak Brook housing market is somewhat competitive, with homes typically selling in about 70 days, reflecting a slower pace compared to more active markets. On average, homes sell for about 4% below the list price, giving buyers some negotiating leverage. However, well-priced and desirable properties can still attract multiple offers, selling closer to the asking price and going pending in as little as 36 days. This indicates that while overall demand is moderate, standout homes remain competitive and move faster.

Oak Brook, IL was a seller’s market in June 2025, meaning buyer demand exceeded available housing inventory. This imbalance favored sellers, as limited supply increased competition among buyers, often resulting in quicker sales and stronger offers. Well-priced homes were more likely to attract multiple bids and sell closer to the asking price, while buyers faced a more competitive environment with fewer options to choose from.