Real Estate Market Update for 60440 (Bolingbrook, IL)
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Welcome to August's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 27% from one year earlier, and down 13% 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 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 18%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 150-thousand dollars. The number of units sold increased 16% year-over-year, and increased 19% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 60440 (Bolingbrook, IL)
Area Information for 60440 (Bolingbrook, IL)
  • Population: 53,625
  • Median Age: 32.13 yr
  • Median Commute Time: 28.95 mins
  • Educational Climate*: 4
  • Sales Tax: 8.5%
  • Population Density: 3,336/sq mi
  • Population Change Since 2000: 13.21%
  • Closest Airport: Chicago Midway International
  • Closest College: Benedictine University
  • Closest Jr. College: College Of Dupage
  • Median Household Income: $75,431
  • Annual Residential Turnover: 15.03%
  • Median Years in Residence: 3.72 yr
  • Median Home Sales Price: $124,000
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60440 (Bolingbrook, IL)
Median Age: 32.13 Married: 31% Number of Households: 16,901 Households with Children: 8,278
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 60440 (Bolingbrook, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Brooks Middle School 0.4 mi Public 6-8 1 4
      Midwest Christian Montessori Acd 0.6 mi Private PRESCHOOL-3 0 0
      Oak View Elementary School 0.7 mi Public K-5 2 3
      Phoenix Experience 99 365u 0.9 mi Public 9-12 0 0
      Bolingbrook High School 0.9 mi Public 9-12 2 3
      Bernard J Ward Elementary School 1.0 mi Public K-5 2-5 3
      Independence Elementary School 1.2 mi Public K-5 2-5 3
      St Dominic Elementary School 1.2 mi Catholic PRESCHOOL-8 0 4
      Wood View Elementary School 1.4 mi Public K-5 2 4
      Furqaan Academy 1.5 mi Private PRESCHOOL-10 0 4
      John R Tibbott Elementary School 1.6 mi Public K-5 1 3
      Jane Addams Middle School 1.7 mi Public 6-8 2-5 4
      Jonas E Salk Elementary School 1.8 mi Public K-5 2 3
      Jamie Mcgee Elementary School 2.0 mi Public K-5 3 4
      Little Saints Of God Academy 2.0 mi Private PRESCHOOL-K 0 0
      Hubert H Humphrey Middle School 2.2 mi Public 6-8 2 2
      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 60440 (Bolingbrook, 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.