Real Estate Market Update for 60008 (Rolling Meadows, IL)
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 10% from one year earlier, and up 17% 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 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 28%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 170-thousand dollars. The number of units sold decreased 28% year-over-year, and increased 12% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 60008 (Rolling Meadows, IL)
Area Information for 60008 (Rolling Meadows, IL)
  • Population: 23,227
  • Median Age: 37.05 yr
  • Median Commute Time: 20.66 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 4,493/sq mi
  • Population Change Since 2000: -.74%
  • Closest Airport: Chicago O'hare International
  • Closest College: Keller Graduate School Of Management
  • Closest Jr. College: Wm Rainey Harper College
  • Median Household Income: $60,888
  • Annual Residential Turnover: 14.47%
  • Median Years in Residence: 3.7 yr
  • Median Home Sales Price: $142,000
  • Closest Major Sports Team: Cubs
  • Change Avg. Household Income Since 2000: 4%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60008 (Rolling Meadows, IL)
Median Age: 37.05 Married: 34% Number of Households: 8,859 Households with Children: 2,975
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 60008 (Rolling Meadows, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St. Colette School 0.1 mi Catholic PRESCHOOL-8 0 4
      Central Road Elementary School 0.3 mi Public K-6 3-5 4
      Rolling Meadows High School 0.4 mi Public 9-12 4 4
      Young Adult Program 0.4 mi Public 10-12 0 0
      John G Conyers Learning Academy 0.4 mi Public PRESCHOOL-8 0 4
      Carl Sandburg Junior High School 0.5 mi Public 7-8 3-5 3
      Willow Bend Elementary School 0.6 mi Public K-6 4-5 4
      Kimball Hill Elementary School 0.8 mi Public K-6 2-5 3
      Plum Grove Junior High School 1.5 mi Public 7-8 4-5 4
      Caboose Club Too 1.8 mi Private PRESCHOOL-5 0 0
      Harvest Christian Academy Of Rolling Meadows 2.2 mi Private PRESCHOOL-5 0 0
      Harvest Christian Academy 2.2 mi Private PRESCHOOL-5 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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 60008 (Rolling Meadows, 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.