Real Estate Market Update for 60060 (Mundelein, IL)
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 5% from one year earlier, and down 15% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 27%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 170-thousand dollars. The number of units sold decreased 10% year-over-year, and increased 18% 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.
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Map Information for 60060 (Mundelein, IL)
Area Information for 60060 (Mundelein, IL)
  • Population: 37,408
  • Median Age: 35.47 yr
  • Median Commute Time: 24.36 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 1,588/sq mi
  • Population Change Since 2000: 4.8%
  • Closest Airport: Chicago O'hare International
  • Closest College: Univ St Mary The Lake-mundelein Seminary
  • Closest Jr. College: College Of Lake County
  • Median Household Income: $84,136
  • Annual Residential Turnover: 16.82%
  • Median Years in Residence: 3.6 yr
  • Median Home Sales Price: $163,000
  • Closest Major Sports Team: Cubs
  • Change Avg. Household Income Since 2000: 20%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60060 (Mundelein, IL)
Median Age: 35.47 Married: 34% Number of Households: 12,732 Households with Children: 5,523
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 60060 (Mundelein, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Montessori Country Day School 0.0 mi Private PRESCHOOL-6 0 0
      Mundelein Cons High School 0.8 mi Public 9-12 3 4
      Carl Sandburg Middle School 1.1 mi Public 6-8 4 4
      Mechanics Grove Elementary School 1.4 mi Public 3-5 3-5 4
      Washington Elementary School 1.5 mi Public K-2 0 5
      Santa Maria Del Popolo School 1.6 mi Catholic PRESCHOOL-5 0 4
      West Oak Middle School 2.0 mi Public 5-8 3 5
      Fairhaven School 2.1 mi Public PRESCHOOL-1 0 4
      Fremont Intermediate School 2.2 mi Public 3-5 4 5
      Fremont Jr High/middle School 2.2 mi Public 6-8 4-5 5
      Fremont Elementary School 2.2 mi Public PRESCHOOL-2 0 5
      Childrens House Daycare Inc 2.5 mi Private PRESCHOOL-K 0 0
      Carmel Catholic High School 2.5 mi Catholic 9-12 0 5
      Mundelein Montessori School 2.6 mi Private PRESCHOOL-K 0 0
      Diamond Lake Elementary School 2.6 mi Public 2-4 2 5
      Libertyville Montessori 3.0 mi Private PRESCHOOL-K 0 0
      Abtc Fairfield Academy 3.6 mi Private - 0 0
      St Mary Of The Annunciation School 4.0 mi Catholic PRESCHOOL-5 0 5
      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 60060 (Mundelein, 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.