Real Estate Market Update for 60004 (Arlington Heights, IL)

Video: Real Estate Community Tour for 60004 (Arlington Heights, IL)

See Real estate community tour for 60004 (Arlington Heights, IL)
Welcome to October's Market Update. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 11% from one year earlier, and down 8% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 380-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 17%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 340-thousand dollars. The number of units sold decreased 7% year-over-year, and decreased 38% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for 60004 (Arlington Heights, IL)
Area Information for 60004 (Arlington Heights, IL)
  • Population: 50,570
  • Median Age: 43.74 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 4,563/sq mi
  • Population Change Since 2000: -3.37%
  • Closest Airport: Chicago O'hare International
  • Closest College: Christian Life College
  • Closest Jr. College: Worsham College-mortuary Science
  • Median Household Income: $81,451
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $300,000
  • Closest Major Sports Team: Chicago Sky
  • Change Avg. Household Income Since 2000: 24.36%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60004 (Arlington Heights, IL)
Median Age: 43.74 Married: 49% Number of Households: 20,096 Households with Children: 5,938
    • 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 School Rating Parent Rating
      Ivy Hill Elementary School 0.4 mi Public K-5 5 0
      Chicago Futabakai Japanese School 0.7 mi Private K-9 0 0
      Thomas Middle School 0.7 mi Public 6-8 5 5
      Olive-mary Stitt School 0.9 mi Public K-5 5 0
      St Peter Lutheran School 0.9 mi Private PRESCHOOL-8 0 0
      Patton Elementary School 1.0 mi Public K-5 5 0
      Edgar A Poe Elementary School 1.0 mi Public PRESCHOOL-5 3 0
      Montessori Learning Center Inc 1.1 mi Private PRESCHOOL- 0 0
      Greenbrier Elementary School 1.1 mi Public PRESCHOOL-5 5 0
      John Hersey High School 1.2 mi Public 9-12 5 4
      Deaf/hard Of Hearing (dist 214) 1.2 mi Public 12-12 0 0
      St Viator High School 1.3 mi Catholic 9-12 0 4
      James Whitcomb Riley School 1.3 mi Public K-5 0 0
      J W Riley Elementary School 1.3 mi Public PRESCHOOL-5 4 0
      St James School 1.4 mi Catholic PRESCHOOL-8 0 0
      St. James Junior High School 1.4 mi Catholic PRESCHOOL-8 0 0
      Northwest Suburban Montessori School 1.5 mi Private PRESCHOOL-K 0 0
      Christian Liberty Academy 1.7 mi Private PRESCHOOL-12 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 0
      Bright Horizons At Motorola 2.0 mi Private K-K 0 0
      Windsor Elementary School 2.0 mi Public K-5 5 0
      A Mother's Touch Creative Learning Center 2.0 mi Private PRESCHOOL-K 0 0
      Timber Ridge School 2.6 mi Public K-8 0 0
      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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 60004 (Arlington Heights, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.