Real Estate Market Update for 60004 (Arlington Heights, IL)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 38% from one year earlier and up 9% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just over 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 58% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 280-thousand dollars. The number of units sold Increased 15% year-over-year and Decreased 27% month-over-month Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 60004 (Arlington Heights, IL)
Area Information for 60004 (Arlington Heights, IL)
  • Community Character: Nearby Military Facility(ies), Low Residential Turnover, Suburb of Chicago
  • Population: 50,527
  • Median Age: 33.34 yr
  • Median Commute Time: 24.23 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 114
  • Sales Tax: 5%
  • Population Density: 4,488/sq mi
  • Population Change Since 2000: -4%
  • Closest Airport: Chicago O'hare International
  • Closest College: Christian Life College
  • Closest Jr. College: Worsham Coll Of Mortuary Sci
  • Median Household Income: $81,226
  • Annual Residential Turnover: 14.19%
  • Median Years in Residence: 4.39 yr
  • Median Home Sales Price: $253,000
  • Closest Major Sports Team: Chicago Rockstars
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 60004 (Arlington Heights, IL)
Median Age: 33.34 Married: 48% Number of Households: 20,177 Households with Children: 6,899
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 60004 (Arlington Heights, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Ivy Hill Elementary School 0.4 mi Public K-5 4-5 5
      Thomas Middle School 0.6 mi Public 6-8 5 5
      Chicago Futabakai Japanese School 0.7 mi Private K-9 0 0
      Olive-mary Stitt School 0.9 mi Public K-5 4-5 5
      St. Peter Lutheran School 0.9 mi Private PRESCHOOL-8 0 4
      Patton Elementary School 0.9 mi Public K-5 5 5
      Edgar A Poe Elementary School 1.0 mi Public K-5 2-5 4
      John Hersey High School 1.1 mi Public 9-12 5 4
      Greenbrier Elementary School 1.1 mi Public PRESCHOOL-5 5 5
      St. Viator High School 1.3 mi Private 9-12 0 4
      J W Riley Elementary School 1.3 mi Public K-5 4-5 5
      James Whitcomb Riley School 1.3 mi Public K-5 0 5
      St. James School 1.4 mi Private PRESCHOOL-8 0 4
      St. James Junior High School 1.4 mi Catholic PRESCHOOL-8 0 0
      Flower Garden Nursery School & Daycare Center 1.8 mi Private PRESCHOOL-K 0 0
      Miner School 2.0 mi Public UNGRADE-UNGRADE 0 5
      Bright Horizons At Motorola 2.0 mi Private PRESCHOOL-K 0 0
      A Mother's Touch Creative Learning Center 2.0 mi Private PRESCHOOL-K 0 0
      Windsor Elementary School 2.0 mi Public K-5 4-5 4
      Timber Ridge School 2.6 mi Public K-8 0 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 60004 (Arlington Heights, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.