Real Estate Market Update for 60411 (Chicago Heights, IL)
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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 down 17% from one year earlier, and down 7% 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 70-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 40-thousand dollars. The number of units sold decreased 21% year-over-year, and increased 33% 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 60411 (Chicago Heights, IL)
Area Information for 60411 (Chicago Heights, IL)
  • Population: 58,278
  • Median Age: 32.39 yr
  • Median Commute Time: 21.62 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 1,836/sq mi
  • Population Change Since 2000: -3.27%
  • Closest Airport: Chicago Midway International
  • Closest College: Governors State University
  • Closest Jr. College: Prairie State College
  • Median Household Income: $44,675
  • Annual Residential Turnover: 12.36%
  • Median Years in Residence: 4.1 yr
  • Median Home Sales Price: $65,500
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 8%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60411 (Chicago Heights, IL)
Median Age: 32.39 Married: 24% Number of Households: 19,277 Households with Children: 8,496
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 60411 (Chicago Heights, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Cottage Grove Upper Grade Center 0.3 mi Public 5-8 1 3
      Medgar Evers Primary Academic Center 0.6 mi Public PRESCHOOL-4 2 2
      Wagoner Elementary School 1.2 mi Public PRESCHOOL-2 0 0
      Bloom Trail High School 1.6 mi Public 9-12 1 2
      Strassburg Elementary School 1.9 mi Public 3-5 0 0
      Lincoln Elementary School 2.0 mi Public K-8 1 3
      St Mark Lutheran School 2.0 mi Private 9-12 0 0
      Rickover Jr High School 2.1 mi Public 6-8 1 3
      Jefferson Elementary School 2.2 mi Public K-8 1 3
      Garfield Elementary School 2.3 mi Public K-8 2 3
      Sandridge Elementary School 2.4 mi Public K-8 1 2
      St Agnes School 2.6 mi Catholic PRESCHOOL-8 0 4
      Washington Mckinley School 2.7 mi Public K-8 0 0
      Washington-mckinley Elementary School 2.7 mi Public K-8 1 4
      Cornerstone Christian School 2.8 mi Private PRESCHOOL-8 0 0
      Career Preparation Network 2.8 mi Public UNGRADE-UNGRADE 0 0
      U S Grant Elementary School 2.8 mi Public PRESCHOOL-8 2 3
      Dist 206 Alternative High School 2.9 mi Public 9-12 0 0
      Bloom High School 2.9 mi Public 9-12 1 2
      St Kieran School 2.9 mi Catholic PRESCHOOL-8 0 0
      Greenbriar Elementary School 3.1 mi Public K-8 3 5
      Highland School 3.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Saukview Elementary School 3.2 mi Public PRESCHOOL-5 1 4
      Roosevelt Elementary School 3.2 mi Public K-8 1 3
      Safe School Program 3.4 mi Public 6-12 0 0
      St Pauls Lutheran School 3.5 mi Private PRESCHOOL-8 0 4
      Marian Catholic High School 3.5 mi Catholic 9-12 0 4
      Wilson Elementary School 3.6 mi Public K-8 0 2
      Beacon Hill Primary Center 3.7 mi Public PRESCHOOL-3 2-5 3
      Serena Hills Elementary School 3.7 mi Public PRESCHOOL-5 3 4
      Speed Independence Elementary School 3.8 mi Public 4-8 0 3
      Speed Program For Adaptive Learn 3.8 mi Public 3-11 0 0
      Speed Early Learning Center 3.8 mi Public PRESCHOOL-3 0 0
      Speed Independence High School 3.8 mi Public 9-12 0 4
      Kennedy Elementary School 3.9 mi Public K-8 2 3
      Nazarene Nursery School And Kindergarten 4.3 mi Private PRESCHOOL-K 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 60411 (Chicago 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.