Real Estate Market Update for Cook County, IL

Video: Real Estate Community Tour for Cook County, IL

See Real estate community tour for Cook County, IL
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 18% 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 under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 1%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 240-thousand dollars. The number of units sold increased 7% year-over-year, and decreased 7% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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 Cook County, IL
Area Information for Cook County, IL
  • Population: 5,211,232
  • Median Age: 34.9 yr
  • Median Commute Time: 29.91 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 5,513/sq mi
  • Population Change Since 2000: -3.08%
  • Closest Airport: Chicago Midway International
  • Closest College: Kendall College
  • Closest Jr. College: Cooking And Hospitality Institute
  • Median Household Income: $55,353
  • Annual Residential Turnover: 15.89%
  • Median Years in Residence: 2.96 yr
  • Median Home Sales Price: $155,000
  • Closest Major Sports Team: Chicago Black Hawks
  • Change Avg. Household Income Since 2000: 20%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Cook County, IL
Median Age: 34.9 Married: 28% Number of Households: 2,003,200 Households with Children: 640,939
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 Cook County, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Spring Ave Elementary School 1.0 mi Public K-6 5 5
      Field Park Elementary School 1.9 mi Public K-5 5 5
      Forest Hills Elementary School 2.4 mi Public K-5 5 5
      John Laidlaw Elementary School 2.6 mi Public K-5 5 5
      Blair Early Childhood Center 4.0 mi Public PRESCHOOL-1 0 4
      Word Of God Christian Academy 6.3 mi Private K-8 0 5
      Roosevelt School 6.6 mi Public 5-8 5 5
      Cicero West Elementary School 6.6 mi Public PRESCHOOL-3 0 5
      Oliver W Holmes Elementary School 7.1 mi Public PRESCHOOL-5 5 5
      Willard Elementary School 7.2 mi Public K-4 4 5
      St Nicholas Of Tolentine School 7.5 mi Catholic PRESCHOOL-8 0 5
      St Paul Lutheran School 7.9 mi Private K-8 0 5
      William Hatch Elementary School 7.9 mi Public K-5 4-5 5
      Hefferan Elementary School 8.2 mi Public PRESCHOOL-8 4 5
      Southwest Chicago Christian School 8.3 mi Private PRESCHOOL-8 0 5
      Northwest Institute For Contemporary Learning Academy 8.7 mi Private PRESCHOOL-8 0 5
      St Germaine School 9.0 mi Catholic PRESCHOOL-8 0 5
      Pathways In Education High School 9.2 mi Public 9-12 0 5
      Kolmar Avenue Elementary School 9.5 mi Public PRESCHOOL-5 4 5
      San Miguel-back Of The Yards 9.6 mi Catholic 6-8 0 5
      St Rita Of Cascia High School 9.7 mi Catholic 9-12 0 5
      Lawn Manor School 10.1 mi Public PRESCHOOL-2 0 5
      St. Bernadette School 10.1 mi Catholic PRESCHOOL-8 0 5
      John F Kennedy Elementary School 10.1 mi Public PRESCHOOL-3 0 5
      Palos East Elementary School 10.2 mi Public K-5 4-5 5
      Academy Of St Benedict The African 10.3 mi Catholic PRESCHOOL-8 0 4
      Grace English Lutheran School 10.3 mi Private PRESCHOOL-8 0 4
      St Patrick High School 10.3 mi Catholic 9-12 0 4
      Palos South Middle School 10.5 mi Public 6-8 5 5
      North Center Handicapped Children 10.8 mi Private UNGRADE-UNGRADE 0 5
      Stem Magnet Academy Elementary 11.0 mi Public K-6 5 5
      St Helen School 11.1 mi Catholic PRESCHOOL-8 0 5
      Keller Elementary Gifted Magnet School 11.1 mi Public 1-8 5 5
      Ridge Academy 11.3 mi Private 1-8 0 5
      St Gabriel Elementary School 11.3 mi Catholic PRESCHOOL-8 0 5
      Antonia Pantoja High School 11.5 mi Private 10-12 0 0
      Esperanza School 11.6 mi Private 3-12 0 0
      Josephinum Academy 11.6 mi Catholic 9-12 0 4
      Plaid Academy 12.0 mi Private PRESCHOOL-8 0 5
      Beard Elementary School 12.1 mi Public PRESCHOOL-3 0 5
      Disney Ii Elementary School 12.1 mi Public K-6 5 5
      The Chicago Academy For The Arts 12.4 mi Private 9-12 0 5
      St Sava Academy 12.5 mi Private PRESCHOOL-8 0 5
      United Educational Cultural Academy 12.5 mi Private PRESCHOOL-8 0 5
      Rosemont Elementary School 12.9 mi Public PRESCHOOL-8 4-5 5
      St Cornelius Elementary School 12.9 mi Catholic PRESCHOOL-8 0 5
      Skinner North Elementary School 13.1 mi Public K-7 5 5
      Rescue Missionary Christian School 13.1 mi Private 1-7 0 5
      Mcdade Elementary Classical School 13.3 mi Public K-6 5 5
      Delta Learning Center 13.4 mi Public 9-12 0 5
      Triple R Child Care Inc 13.5 mi Private K-K 0 5
      St Paul Lutheran School 14.2 mi Private PRESCHOOL-8 0 5
      Blue Cap School 14.3 mi Private UNGRADE-UNGRADE 0 0
      Northside Learning Center 14.3 mi Public 9-12 0 4
      Bernard Zell Anshe Emet Day School 14.9 mi Private PRESCHOOL-8 0 5
      Our Lady Of Lourdes 14.9 mi Private PRESCHOOL-8 0 5
      Developmental Learning Program Dlp 14.9 mi Public PRESCHOOL-8 0 5
      Eugene Field Elementary School 15.1 mi Public K-5 4-5 5
      Yeshivas Tiferes Tzvi 15.4 mi Private K-8 0 5
      John A Bannes Elementary School 15.5 mi Public K-5 4-5 5
      Brisk Academy-yeshivas Brisk 15.6 mi Private 9-12 0 5
      Southwest Chicago Christian School 15.7 mi Private K-8 0 5
      Niles Central 15.7 mi Public 9-12 0 5
      Cheder Lubavitch Hebrew Day School 15.8 mi Private PRESCHOOL-8 0 5
      St Zachary Elementary School 16.1 mi Catholic PRESCHOOL-8 0 5
      Plato Academy 16.4 mi Private PRESCHOOL-8 0 5
      Epic Academy High School 16.4 mi Public 9-12 0 0
      Immaculate Conception School - Exchange 16.5 mi Catholic K-8 0 0
      St Peter Elementary School 16.5 mi Catholic PRESCHOOL-8 0 5
      St. Michael School 16.6 mi Catholic PRESCHOOL-8 0 5
      Chicago Jewish Day School 16.7 mi Private PRESCHOOL-8 0 5
      Adolph Link Elementary School 16.8 mi Public K-6 5 5
      St Margaret Mary Elementary School 17.0 mi Catholic PRESCHOOL-8 0 5
      New Convent Christian Academy 17.7 mi Private PRESCHOOL-8 0 5
      Echo School 17.8 mi Public 1-12 0 5
      Rice Childrens Center 18.2 mi Public K-8 0 5
      St Paul Lutheran School 18.5 mi Private PRESCHOOL-8 0 5
      Highland Elementary School 18.8 mi Public K-5 4-5 5
      Laren Montessori School 18.9 mi Private PRESCHOOL-3 0 5
      Nathan Hale Elementary School 19.0 mi Public K-6 5 5
      Thomas Dooley Elementary School 19.3 mi Public K-6 5 4
      Indian Grove Elementary School 20.0 mi Public PRESCHOOL-5 5 5
      Westgate Elementary School 20.1 mi Public PRESCHOOL-5 5 5
      Miner School 20.2 mi Public UNGRADE-UNGRADE 0 5
      Orrington Elementary School 20.3 mi Public PRESCHOOL-5 5 5
      Willowbrook Elementary School 20.6 mi Public PRESCHOOL-5 5 5
      Hoover Math And Science Academy 20.7 mi Public K-6 5 5
      Christian Heritage Academy 20.8 mi Private PRESCHOOL-12 0 5
      Maple School 21.2 mi Public 6-8 5 5
      Wescott Elementary School 21.9 mi Public 1-5 5 5
      Patton Elementary School 22.1 mi Public K-5 5 5
      Ivy Hill Elementary School 22.4 mi Public K-5 5 5
      Sacred Heart School 22.5 mi Catholic PRESCHOOL-8 0 5
      Speed Early Learning Center 22.6 mi Public PRESCHOOL-3 0 0
      J W Riley Elementary School 23.2 mi Public PRESCHOOL-5 5 5
      James Whitcomb Riley School 23.2 mi Public K-5 0 5
      Dayspring Montessori School 23.2 mi Private PRESCHOOL-K 0 5
      Central School 23.3 mi Public 5-8 5 5
      St John Lutheran School 23.6 mi Private PRESCHOOL-8 0 5
      Lansing Christian School 23.7 mi Private PRESCHOOL-8 0 5
      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 © 2015
      Local Weather for Cook County, 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.