Real Estate Market Update for 60634 (Chicago, IL)
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 26% from one year earlier, and down 8% 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 over 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 220-thousand dollars. The number of units sold increased 10% year-over-year, and increased 13% 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 60634 (Chicago, IL)
Area Information for 60634 (Chicago, IL)
  • Population: 75,272
  • Median Age: 37.79 yr
  • Median Commute Time: 31.5 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 10,583/sq mi
  • Population Change Since 2000: .97%
  • Closest Airport: Chicago O'hare International
  • Closest College: Dominican University
  • Closest Jr. College: Wilbur Wright Clg-city Colleges Chicago
  • Median Household Income: $59,004
  • Annual Residential Turnover: 12.42%
  • Median Years in Residence: 3.75 yr
  • Median Home Sales Price: $150,000
  • Closest Major Sports Team: Cubs
  • Change Avg. Household Income Since 2000: 18%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60634 (Chicago, IL)
Median Age: 37.79 Married: 31% Number of Households: 26,495 Households with Children: 8,392
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 60634 (Chicago, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Canty Elementary School 0.3 mi Public PRESCHOOL-8 4 4
      St. Francis Borgia School 0.4 mi Catholic PRESCHOOL-8 0 4
      Jfh Educational Academy Inc 0.5 mi Private K-3 0 4
      Dever Elementary School 0.7 mi Public PRESCHOOL-8 3 4
      Our Saviour 1.0 mi Private PRESCHOOL-K 0 0
      Bridge Elementary School 1.3 mi Public PRESCHOOL-8 3-5 4
      New Horizon Center For The Dd 1.7 mi Private K-12 0 0
      Oak Park Christian Academy 1.7 mi Private 2-7 0 4
      Locke J Elementary School 1.9 mi Public PRESCHOOL-8 2 4
      Icci Academy 2.0 mi Private PRESCHOOL-6 0 3
      Wonderland Daycare 2.2 mi Private K-K 0 0
      Messiah Lutheran School 2.2 mi Private PRESCHOOL-8 0 0
      Steinmetz Academic Centre High School 2.2 mi Public 9-12 1 2
      St. Pascal School 2.3 mi Catholic PRESCHOOL-8 0 4
      Lhtbm School Of The Saints 2.3 mi Private PRESCHOOL-12 0 0
      Smyser Elementary School 2.3 mi Public PRESCHOOL-8 3-5 4
      Thorp O A Elementary Scholastic Academy 2.4 mi Public K-8 4 4
      Chicago Academy High School 2.5 mi Public 9-12 2-5 3
      Chicago Academy Elementary School 2.5 mi Public PRESCHOOL-8 4 4
      Lyon Elementary School 2.6 mi Public K-8 3 3
      St. Ferdinand School 2.7 mi Catholic PRESCHOOL-8 0 4
      Notre Dame High School For Girls 2.7 mi Catholic 9-12 0 2
      St. Patrick High School 2.7 mi Catholic 9-12 0 4
      Reinberg Elementary School 2.9 mi Public PRESCHOOL-8 2-5 4
      Luther North College Prep 2.9 mi Private 9-12 0 4
      Camras Elementary School 2.9 mi Public PRESCHOOL-8 1 1
      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 60634 (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.