Real Estate Market Update for Cicero, IL

Video: Real Estate Community Tour for Cicero, IL

See Real estate community tour for Cicero, IL
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 35% from one year earlier, and down 10% 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 140-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 28%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 130-thousand dollars. The number of units sold decreased 32% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. 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 Cicero, IL
Area Information for Cicero, IL
  • Population: 84,195
  • Median Age: 27.48 yr
  • Median Commute Time: 30.2 mins
  • Educational Climate*: 2
  • Sales Tax: 9.5%
  • Population Density: 14,357/sq mi
  • Population Change Since 2000: -1.66%
  • Closest Airport: Chicago Midway International
  • Closest College: Loyola Univ-stritch School Of Medicine
  • Closest Jr. College: Morton College
  • Median Household Income: $44,416
  • Annual Residential Turnover: 14.59%
  • Median Years in Residence: 2.47 yr
  • Median Home Sales Price: $62,000
  • Closest Major Sports Team: Chicago Black Hawks
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Cicero, IL
Median Age: 27.48 Married: 23% Number of Households: 22,516 Households with Children: 12,644
    • 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 Cicero, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Sherlock Elementary School 0.4 mi Public PRESCHOOL-2 0 3
      Woodrow Wilson Elementary School 0.5 mi Public K-6 1 3
      Unity Jr High School 0.5 mi Public 7-8 1 3
      Columbus east Elementary School 0.5 mi Public 4-6 1 2
      Columbus West Elementary School 0.6 mi Public PRESCHOOL-6 2 0
      Woodbine Elementary School 0.6 mi Public PRESCHOOL-3 0 0
      Cicero West Elementary School 0.7 mi Public PRESCHOOL-3 0 5
      Cicero East Elementary School 0.7 mi Public 4-6 1 3
      Brilliant Beginnings Bilingual Academy Inc 0.7 mi Private PRESCHOOL-K 0 0
      J Sterling Morton Alternative School 0.7 mi Public 9-12 0 4
      Morton Alternative Schools 0.7 mi Public 9-12 0 0
      Goodwin Elementary School 0.8 mi Public PRESCHOOL-6 1 0
      J Sterling Morton East High School 0.8 mi Public 10-12 1 3
      J Sterling Morton Freshman Center 0.9 mi Public 9-9 0 3
      Dcn Christian Academy 1.1 mi Private PRESCHOOL-8 0 0
      Daniel Burnham Elementary School 1.1 mi Public K-6 1 3
      Drexel Elementary School 1.2 mi Public PRESCHOOL-6 1 4
      T Roosevelt Elementary School 1.2 mi Public 3-6 1 0
      Our Lady Of Charity School 1.3 mi Catholic PRESCHOOL-8 0 4
      Mckinley Elementary School 1.4 mi Public K-3 0 4
      Abe Lincoln Elementary School 1.4 mi Public PRESCHOOL-6 1 3
      Liberty Elementary School 1.4 mi Public PRESCHOOL-3 0 0
      St Frances Of Rome School 1.4 mi Catholic PRESCHOOL-8 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: and Onboard Informatics © 2015
      Local Weather for Cicero, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.