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Thinking of selling in Mundelein?

Sell your home in Oak Terrace

Oak Terrace homes have sold for a median of $378,950 over the past year, typically in about 21 days. It's a seller's market. Here's the full picture, and what your home is worth today.

The Oak Terrace market right now

Live from MLS closings · last 12 months

$378,950

Median sale

6

Homes sold

12 mo

31

Avg. days on mkt

$229

Median $/sqft

1

For sale now

~2 mo supply

Median price by year

175.9%
$307K2024$310K2025$855K2026

What I know about Oak Terrace

A seller's market

Just 1 home for sale against 6 sales a year, roughly 2 months of supply, firmly a seller's market.

Values climbing

The median sale price is up about 175.9% year over year, so equity has been building for owners here.

Recently sold in Oak Terrace

Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.

Selling in Oak Terrace: common questions

How fast do homes sell in Oak Terrace?

Over the past year, homes in Oak Terrace have gone under contract in about a month on average (31 days), with the typical home closing in about 21 days.

What is my Oak Terrace home worth?

Homes here have sold for a median of $378,950 over the last 12 months, around $229 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.

Is now a good time to sell in Oak Terrace?

With 1 home for sale against 6 sales a year, about 2 months of supply, Oak Terrace is a seller's market. Sellers here have been getting about 101.8% of list price.

Joe Keegan, Mundelein real estate agent

Your local agent

Joe knows Oak Terrace

Joe has read every one of the 6 homes that sold in Oak Terrace this past year, at a median of $378,950, with the typical home going under contract in about three weeks. Joe knows what today's Oak Terrace buyer will actually pay, and what they won't.

With only 2 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Oak Terrace comps, not a national average, and sellers here have been getting about 101.8% of list price. Text or call any time for a straight read on your number.

Licensed IL brokerMundelein specialistComp-driven pricingSellers ~101.8% of list

Thinking of selling?

What's your home actually worth?

Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.

  • Pricing range with comp-by-comp logic
  • Pre-list improvements that pay back, and the ones that don't
  • No obligation, no spam, no auto-dialer

Get a real valuation

Looking to buy in Oak Terrace? See homes for sale →