Real Estate Market Update for Bolingbrook, IL
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 4% from one year earlier, and down 7% 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 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 6%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 160-thousand dollars. The number of units sold decreased 9% year-over-year, and increased 8% 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 Bolingbrook, IL
Area Information for Bolingbrook, IL
  • Population: 74,553
  • Median Age: 32.46 yr
  • Median Commute Time: 29.54 mins
  • Educational Climate*: 4
  • Sales Tax: 8.5%
  • Population Density: 3,100/sq mi
  • Population Change Since 2000: 32.15%
  • Closest Airport: Chicago Midway International
  • Closest College: Lewis University
  • Closest Jr. College: Waubonsee Cmnty College-copley Campus
  • Median Household Income: $82,261
  • Annual Residential Turnover: 16.18%
  • Median Years in Residence: 3.6 yr
  • Median Home Sales Price: $146,250
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 20%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Bolingbrook, IL
Median Age: 32.46 Married: 34% Number of Households: 22,990 Households with Children: 11,865
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 Bolingbrook, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Timberline Knolls Academy 0.8 mi Private 6-12 0 0
      Lemont Bridgepoint Academy 1.2 mi Private - 0 0
      St Alphonsus/st Patrick School 1.5 mi Catholic PRESCHOOL-8 0 4
      Ss Cyril & Methodius School 1.5 mi Catholic PRESCHOOL-8 0 4
      Lemont Twp High School 1.5 mi Public 9-12 4-5 4
      Old Quarry Middle School 1.8 mi Public 5-8 4 3
      Furqaan Academy 1.8 mi Private PRESCHOOL-10 0 4
      Oakwood School 1.9 mi Public PRESCHOOL-2 0 5
      St Dominic Elementary School 2.1 mi Catholic PRESCHOOL-8 0 4
      Bernard J Ward Elementary School 2.1 mi Public K-5 2-5 3
      John R Tibbott Elementary School 2.1 mi Public K-5 1 3
      River Valley School 2.1 mi Public 3-4 3 5
      Maironis Lithuanian School 2.2 mi Private PRESCHOOL-10 0 0
      Mary Sears Childrens Academy 2.3 mi Private PRESCHOOL-K 0 0
      Hubert H Humphrey Middle School 2.5 mi Public 6-8 2 2
      Jonas E Salk Elementary School 2.5 mi Public K-5 2 3
      Midwest Christian Montessori Acd 2.6 mi Private PRESCHOOL-3 0 0
      Montessori Elementary School Of Southwest Cook Cty 2.7 mi Private PRESCHOOL-8 0 0
      Little Saints Of God Academy 2.9 mi Private PRESCHOOL-K 0 0
      Kindercare Learning Center 3.2 mi Private PRESCHOOL-4 0 0
      Wood View Elementary School 3.2 mi Public K-5 2 4
      Mount Assisi Academy School 3.3 mi Catholic 9-12 0 4
      Brooks Middle School 3.3 mi Public 6-8 1 4
      Phoenix Experience 99 365u 3.6 mi Public 9-12 0 0
      Bolingbrook High School 3.6 mi Public 9-12 2 3
      Oak View Elementary School 3.7 mi Public K-5 2 3
      Independence Elementary School 4.1 mi Public K-5 2-5 3
      Jane Addams Middle School 4.5 mi Public 6-8 2-5 4
      Everest Academy Lemont 4.6 mi Catholic PRESCHOOL-8 0 4
      Jamie Mcgee Elementary School 5.0 mi Public K-5 3 4
      Kindercare Learning Centers 5.5 mi Private PRESCHOOL-K 0 0
      Pioneer Elementary School 5.9 mi Public K-5 4 5
      Wayne Builta Elementary School 6.8 mi Public K-5 4-5 4
      Liberty Elementary School 7.5 mi Public K-5 4 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 Bolingbrook, 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.