Real Estate Market Update for 60077 (Skokie, 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 34% from one year earlier and did not change from the previous month These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month... was 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 50% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold Increased 12% year-over-year and Decreased 31% 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 60077 (Skokie, IL)
Area Information for 60077 (Skokie, IL)
  • Community Character: Stable Population, Low Residential Turnover
  • Population: 26,321
  • Median Age: 33.82 yr
  • Median Commute Time: 24.82 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 119
  • Sales Tax: 5%
  • Population Density: 6,193/sq mi
  • Population Change Since 2000: 8%
  • Closest Airport: Chicago O'hare International
  • Closest College: Hebrew Theological College
  • Closest Jr. College: Northwestern Business College
  • Median Household Income: $60,253
  • Annual Residential Turnover: 13.25%
  • Median Years in Residence: 3.89 yr
  • Median Home Sales Price: $164,000
  • Closest Major Sports Team: Chicago Rockstars
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 60077 (Skokie, IL)
Median Age: 33.82 Married: 43% Number of Households: 10,430 Households with Children: 2,806
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 60077 (Skokie, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Madison Elementary School 0.2 mi Public PRESCHOOL-2 0 4
      Swift Child Care Center 0.4 mi Private PRESCHOOL-5 0 0
      St. Peter School 0.4 mi Private PRESCHOOL-8 0 5
      Ombudsman Educational Services 0.5 mi Private 10-12 0 0
      St Paul Lutheran Academy 0.7 mi Private PRESCHOOL-8 0 0
      Lincoln Junior High School 0.8 mi Public 6-8 2-5 3
      Niles West High School 0.9 mi Public 9-12 4 4
      Jane Stenson School 0.9 mi Public K-5 3 3
      Cheder Lubavitch 1.1 mi Private PRESCHOOL-8 0 5
      Niles Central 1.2 mi Public 9-12 0 5
      Orchard Academy 1.3 mi Private 12-12 0 0
      Gesher Hatorah 1.6 mi Private 1-8 0 0
      Fasman Yeshiva High School 1.6 mi Private 9-12 0 4
      Hillel Torah North Suburban Day School 1.7 mi Private PRESCHOOL-8 0 0
      Fairview South Elementary School 1.8 mi Public K-8 4-5 5
      Niles North High School 1.8 mi Public 9-12 4 4
      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 60077 (Skokie, 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.