Welcome to your monthly "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 down 40% from one year earlier and down 9% 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 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 39% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 150-thousand dollars. Overall, The number of units sold Increased 42% year-over-year and Increased 35% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. 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 60543 (Oswego, IL)
Area Information for 60543 (Oswego, IL)
Community Character:High Percentage of Family Households, Growing Population, Low Residential Turnover, Suburb of Chicago
Population:39,657
Median Age:32.24 yr
Median Commute Time:27.28 mins
Educational Climate*:4
Recycling Likelihood**:91
Sales Tax:7%
Population Density:866/sq mi
Population Change Since 2000:120%
Closest Airport:Chicago O'hare International
Closest College:Aurora University
Closest Jr. College:Waubonsee Community College
Median Household Income:$94,299
Annual Residential Turnover:13.96%
Median Years in Residence:3.55 yr
Median Home Sales Price:$208,000
Closest Major Sports Team:Kane County Cougars (a)
Change Avg. Household Income Since 2000:35%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 60543 (Oswego, IL)
Median Age: 32.24Married: 50%Number of Households: 13,265Households with Children: 6,493
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)