Real Estate Market Update for 60440 (Bolingbrook, 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 39% from one year earlier and down 5% 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 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 130-thousand dollars. The number of units sold Decreased 11% year-over-year and Decreased 19% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. 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)
  • Community Character: Significant Percentage of Family Households, Low Residential Turnover, Suburb of Chicago
  • Population: 55,036
  • Median Age: 34.9 yr
  • Median Commute Time: 28.95 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 96
  • Sales Tax: 5%
  • Population Density: 3,370/sq mi
  • Population Change Since 2000: 16%
  • Closest Airport: Chicago Midway International
  • Closest College: Benedictine University
  • Closest Jr. College: Westwood Coll Chicago Du Page
  • Median Household Income: $75,705
  • Annual Residential Turnover: 15.24%
  • Median Years in Residence: 3.68 yr
  • Median Home Sales Price: $123,451
  • Closest Major Sports Team: Kane County Cougars (a)
  • Change Avg. Household Income Since 2000: 17%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 60440 (Bolingbrook, IL)
Median Age: 34.9 Married: 45% Number of Households: 17,383 Households with Children: 8,040
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
      New Beginnings Montessori 0.6 mi Private PRESCHOOL-8 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 1.2 mi Private PRESCHOOL-8 0 4
      Wood View Elementary School 1.4 mi Public K-5 2 4
      Jane Addams Middle School 1.5 mi Public 6-8 2-5 4
      Furqaan Academy 1.5 mi Private PRESCHOOL-6 0 0
      John R Tibbott Elementary School 1.6 mi Public K-5 1 3
      Jonas E Salk Elementary School 1.8 mi Public K-5 2 3
      Jamie Mcgee Elementary School 2.0 mi Public K-5 3 3
      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.