Real Estate Market Update for 60652 (Chicago, IL)

Video: Real Estate Community Tour for 60652 (Chicago, IL)

See Real estate community tour for 60652 (Chicago, IL)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 4% 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 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 3%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 180-thousand dollars. The number of units sold decreased 19% year-over-year, and increased 10% 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.
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Map Information for 60652 (Chicago, IL)
Area Information for 60652 (Chicago, IL)
  • Population: 40,731
  • Median Age: 35.06 yr
  • Median Commute Time: 36 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 8,118/sq mi
  • Population Change Since 2000: 4.67%
  • Closest Airport: Chicago Midway International
  • Closest College: Saint Xavier University
  • Closest Jr. College: Richard J Daley Collge-city Co Chicago
  • Median Household Income: $64,296
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $140,000
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 23.82%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60652 (Chicago, IL)
Median Age: 35.06 Married: 33% Number of Households: 12,665 Households with Children: 4,786
    • 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 60652 (Chicago, IL)

      School Name Distance Type Grades School Rating Parent Rating
      Charles Gates Dawes Elementary School 0.3 mi Public PRESCHOOL-8 3 0
      Ashburn Community Elementary School 0.4 mi Public PRESCHOOL-8 1 0
      Bogan High School 0.4 mi Public 9-12 1 3
      Lordanchild Christian Day Care 0.4 mi Private - 0 0
      William Bishop Owen Scholastic Academy Es 0.5 mi Public K-8 3 0
      Lionel Hampton Fine & Performing Arts Es 0.5 mi Public K-8 1 0
      Sarah E Goode Stem Academy High School 0.6 mi Public 9-12 0 4
      Pathways In Education- Ashburn 0.9 mi Public 9-12 0 0
      Carroll-rosenwald Specialty Elementary School 0.9 mi Public PRESCHOOL-8 2 0
      Stevenson Elementary School 1.0 mi Public PRESCHOOL-8 3 0
      Durkin Park Elementary School 1.0 mi Public PRESCHOOL-8 3 0
      Chicago International Charter - Wrightwood 1.1 mi Public K-8 0 0
      St. Bede The Venerable 1.1 mi Catholic PRESCHOOL-8 0 0
      Anointed Heirs Kingdom Academy 1.1 mi Private K-4 0 0
      Chatham-avalon Nursery School & Kindergarten 1.2 mi Private PRESCHOOL-K 0 0
      New Direction College Preparatory 1.3 mi Private PRESCHOOL-12 0 0
      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 © 2016. School Performance data by School Review data by
      Local Weather for 60652 (Chicago, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.