Real Estate Market Update for 60625 (Chicago, IL)
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Welcome to March'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 down 34% from one year earlier, and up 5% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 46%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 300-thousand dollars. The number of units sold decreased 26% year-over-year, and increased 29% 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 60625 (Chicago, IL)
Area Information for 60625 (Chicago, IL)
  • Population: 80,080
  • Median Age: 32.24 yr
  • Median Commute Time: 32.4 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 20,548/sq mi
  • Population Change Since 2000: -12.22%
  • Closest Airport: Chicago O'hare International
  • Closest College: North Park University
  • Closest Jr. College: Harry S Truman Clg-city Clgs Of Chicago
  • Median Household Income: $52,739
  • Annual Residential Turnover: 16.51%
  • Median Years in Residence: 2.37 yr
  • Median Home Sales Price: $180,500
  • Closest Major Sports Team: Cubs
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 60625 (Chicago, IL)
Median Age: 32.24 Married: 24% Number of Households: 30,037 Households with Children: 9,320
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 60625 (Chicago, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Swedish Cov Hosp Child Care Cr 0.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      North Shore Sda Junior Academy 0.2 mi Private PRESCHOOL-12 0 5
      Budlong Elementary School 0.3 mi Public PRESCHOOL-8 3 3
      Lawrence Hall Youth Services 0.3 mi Private 9-12 0 1
      Lawrence Hall Chase 0.3 mi Private - 0 0
      Lawrence Hall Jarvis 0.3 mi Private - 0 0
      Lawrence Hall Touhy 0.3 mi Private - 0 0
      Lawrence Hall Avers 0.3 mi Private - 0 0
      Lawrence Hall Greenleaf 0.3 mi Private - 0 0
      Lawrence Hall Institutional 0.3 mi Private - 0 0
      Lawrence Hall Day Dreams 0.3 mi Private - 0 0
      Lawrence Hall Day 0.3 mi Private - 0 0
      Albany Park Multicultural Elementary School 0.4 mi Public 7-8 2-5 0
      Hibbard Elementary School 0.5 mi Public PRESCHOOL-6 1 3
      Little Angels 0.5 mi Private PRESCHOOL-7 0 0
      Von Steuben Metro Science High School 0.6 mi Public 9-12 3-5 4
      Gateway To Learning School 0.6 mi Private UNGRADE-UNGRADE 0 0
      Gateway To Learning School 0.6 mi Private 9-11 0 0
      Northside College Preparatory High School 0.6 mi Public 9-12 5 4
      St. Matthias/transfiguration School 0.7 mi Catholic PRESCHOOL-8 0 4
      Peterson Elementary School 0.8 mi Public PRESCHOOL-8 2-5 4
      Telshe High School 0.8 mi Private 9-12 0 0
      Waters Elementary School 0.9 mi Public PRESCHOOL-8 2-5 4
      Roosevelt High School 0.9 mi Public 9-12 0 3
      North River Elementary School 0.9 mi Public PRESCHOOL-8 2-5 3
      Queen Of Angels Elementary School 1.0 mi Catholic PRESCHOOL-8 0 5
      Chappell Elementary School 1.0 mi Public PRESCHOOL-8 3 3
      Thresholds James House 1.0 mi Private - 0 0
      Aspira Haugan Middle School 1.1 mi Public 6-8 0 0
      Amundsen High School 1.1 mi Public 9-12 1 3
      Volta Elementary School 1.2 mi Public PRESCHOOL-8 1 3
      Haugan Elementary School 1.3 mi Public PRESCHOOL-6 1 3
      Ravenswood Baptist Christian School 1.4 mi Private PRESCHOOL-12 0 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: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 60625 (Chicago, 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.