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Thinking of selling in Mundelein?

Sell your home in Oak Terrace

Oak Terrace homes have sold for a median of $329,900 over the past year, typically in about 23 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

$329,900

Median sale

7

Homes sold

12 mo

31

Avg. days on mkt

$225

Median $/sqft

1

For sale now

~1.7 mo supply

Median price by year

▲ 71.8%
$307K2024$310K2025$533K2026

What I know about Oak Terrace

A seller's market

Just 1 home for sale against 7 sales a year, roughly 1.7 months of supply, firmly a seller's market.

Values climbing

The median sale price is up about 71.8% 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 23 days.

What is my Oak Terrace home worth?

Homes here have sold for a median of $329,900 over the last 12 months, around $225 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 7 sales a year, about 1.7 months of supply, Oak Terrace is a seller's market. Sellers here have been getting about 98.3% of list price.

Joe Keegan, Mundelein real estate agent

Your local agent

Joe knows Oak Terrace

Joe has read every one of the 7 homes that sold in Oak Terrace this past year, at a median of $329,900, 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 1.7 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 98.3% of list price. Text or call any time for a straight read on your number.

✓Licensed IL broker✓Mundelein specialist✓Comp-driven pricing✓Sellers ~98.3% 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 →