OAK BROOK HOUSING MARKET INFORMATION With a population of 8,049, 2,863 total housing units (homes and apartments), and a median house value of $932,827, Oak Brook house prices are not only among the most expensive in Illinois, Oak Brook real estate also is some of the most expensive in all of America. Oak Brook is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Oak Brook than is found in 98% of the communities in America. The large homes that make up Oak Brook are primarily owner-occupied ( 92.59%). There is a lot of housing in Oak Brook built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oak Brook built between 1940-1969 ( 23.01%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.03%). OAK BROOK HOME APPRECIATION RATES Oak Brook's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Oak Brook during the period has been just 5.64%, which is lower than 70% of US communities. Appreciation rates are so strong in Oak Brook that despite a nationwide downturn in the housing market, Oak Brook real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oak Brook appreciation rates continue to be some of the highest in America, at 10.28%, which is higher than appreciation rates in 84.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oak Brook. Oak Brook appreciation rates in the latest quarter were at 2.27%, which equates to an annual appreciation rate of 9.38%. Relative to Illinois, our data show that Oak Brook's latest annual appreciation rate is higher than 50% of the other cities and towns in Illinois.