Real Estate Market Update for 60521 (Hinsdale, IL)

Video: Real Estate Community Tour for 60521 (Hinsdale, IL)

See Real estate community tour for 60521 (Hinsdale, IL)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 5% from one year earlier, and up 4% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 1.2-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 54%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 950-thousand dollars. The number of units sold decreased 39% year-over-year, and decreased 19% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better 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.
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Map Information for 60521 (Hinsdale, IL)
Area Information for 60521 (Hinsdale, IL)
  • Population: 18,124
  • Median Age: 42.59 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 5
  • Sales Tax: 8%
  • Population Density: 3,843/sq mi
  • Population Change Since 2000: .02%
  • Closest Airport: Chicago Midway International
  • Closest College: Itt Technical Institute-oak Brook
  • Closest Jr. College: Moraine Valley Community College
  • Median Household Income: $163,571
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $650,500
  • Closest Major Sports Team: Chicago Blackhawks
  • Change Avg. Household Income Since 2000: 31.46%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60521 (Hinsdale, IL)
Median Age: 42.59 Married: 56% Number of Households: 5,948 Households with Children: 2,718
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 60521 (Hinsdale, IL)

      School Name Distance Type Grades School Rating Parent Rating
      Hinsdale Middle School 0.1 mi Public 6-8 5 0
      Nurturing Wisdom Academy 0.3 mi Private -8 0 0
      St Isaac Jogues Elementary School 0.5 mi Catholic K-8 0 0
      Monroe Elementary School 0.6 mi Public PRESCHOOL-5 5 0
      Madison Elementary School 0.6 mi Public K-5 5 0
      The Lane Elementary School 0.7 mi Public K-5 5 0
      Children's Montessori Language Academy 0.7 mi Private PRESCHOOL-K 0 0
      Hinsdale Adventist Academy 0.8 mi Private PRESCHOOL-12 0 0
      Oak Elementary School 0.9 mi Public PRESCHOOL-5 5 0
      Hinsdale Central High School 1.1 mi Public 9-12 5 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: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 60521 (Hinsdale, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.