Real Estate Market Update for Des Plaines, IL

Video: Real Estate Community Tour for Des Plaines, IL

See Real estate community tour for Des Plaines, IL
Welcome to July'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 34% from one year earlier, and down 4% 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 21%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 230-thousand dollars. The number of units sold decreased 8% year-over-year, and increased 6% 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 Des Plaines, IL
Area Information for Des Plaines, IL
  • Population: 60,171
  • Median Age: 42.35 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 10%
  • Population Density: 4,212/sq mi
  • Population Change Since 2000: 3.82%
  • Closest Airport: Chicago O'hare International
  • Closest College: I T T Technical Institute-mount Prospect
  • Closest Jr. College: Oakton Community College
  • Median Household Income: $64,005
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $205,000
  • Closest Major Sports Team: Chicago Sky
  • Change Avg. Household Income Since 2000: 24.96%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Des Plaines, IL
Median Age: 42.35 Married: 45% Number of Households: 23,507 Households with Children: 6,008
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 Des Plaines, IL

      School Name Distance Type Grades School Rating Parent Rating
      Kiddie Junction Educational Institute 0.3 mi Private PRESCHOOL-K 0 0
      South Elementary School 0.5 mi Public PRESCHOOL-5 2 0
      Our Lady Of Destiny School 0.5 mi Catholic PRESCHOOL-8 0 0
      Central Elementary School 0.8 mi Public K-5 4 0
      Plainfield Elementary School 0.8 mi Public K-5 2 0
      Immanuel Lutheran School 0.8 mi Private PRESCHOOL-3 0 0
      Algonquin Middle School 0.8 mi Public 6-8 3 0
      Deaf/hard Of Hearing (dist 62) 0.9 mi Public PRESCHOOL-12 0 0
      Forest Elementary School 0.9 mi Public K-5 3 0
      Camelot Des Plaines Intensive 0.9 mi Private - 0 0
      Camelot Des Plaines 0.9 mi Private - 0 0
      Plato Academy 0.9 mi Private PRESCHOOL-8 0 0
      The Willows Academy 1.0 mi Private 6-12 0 0
      Science & Arts Academy 1.0 mi Private PRESCHOOL-8 0 0
      Maine West High School 1.1 mi Public 9-12 3 4
      Iroquois Community School 1.3 mi Public K-8 4 0
      Angel Town Private School 1.3 mi Private PRESCHOOL-K 0 0
      North Elementary School 1.4 mi Public K-5 2 0
      North Cook Young Adult Academy 1.4 mi Public 6-12 0 0
      A Mothers Touch Learning Academy 1.4 mi Private PRESCHOOL-K 0 0
      Guardian Angel Orthodox Day School 1.5 mi Private PRESCHOOL-6 0 0
      St John The Baptist Gac 1.5 mi Private PRESCHOOL-6 0 0
      Orchard Place Elementary School 1.7 mi Public K-5 3 0
      Terrace Elementary School 1.7 mi Public PRESCHOOL-5 4 0
      Devonshire School 1.9 mi Public K-5 3 0
      Des Plaines Child Development Center 2.1 mi Private PRESCHOOL-K 0 0
      Cumberland Elementary School 2.1 mi Public K-5 4 0
      Chippewa Middle School 2.2 mi Public 6-8 3 0
      Brentwood Baptist Christian Academy 2.2 mi Private PRESCHOOL-12 0 0
      Stevenson School 2.2 mi Public K-6 2 0
      Friendship Jr High School 2.3 mi Public 6-8 3 0
      St Zachary Elementary School 2.4 mi Catholic PRESCHOOL-8 0 0
      Brentwood Elementary School 2.4 mi Public K-5 4 0
      Pk Ridge Intl Mont School 2.6 mi Private PRESCHOOL-6 0 0
      Kindercare Learning Center 2.7 mi Private PRESCHOOL-K 0 0
      Rosemont Elementary School 2.7 mi Public PRESCHOOL-8 4 0
      Sequell Northern Illinois Academy 3.0 mi Private 4-12 0 0
      Apollo Elementary School 3.1 mi Public PRESCHOOL-6 2 0
      Joseph Academy- Des Plaines Int 3.3 mi Private - 0 0
      Joseph Academy - Des Plaines 3.3 mi Private 8-12 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 SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Des Plaines, 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.