Real Estate Market Update for Glen Ellyn, 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 up 31% from one year earlier, and up 2% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 360-thousand dollars. The number of units sold increased 36% year-over-year, and increased 56% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 Glen Ellyn, IL
Area Information for Glen Ellyn, IL
  • Population: 27,719
  • Median Age: 39.78 yr
  • Median Commute Time: 23.44 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 4,193/sq mi
  • Population Change Since 2000: 1.2%
  • Closest Airport: Chicago O'hare International
  • Closest College: Wheaton College
  • Closest Jr. College: College Of Dupage
  • Median Household Income: $88,776
  • Annual Residential Turnover: 12.2%
  • Median Years in Residence: 4.51 yr
  • Median Home Sales Price: $313,000
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Glen Ellyn, IL
Median Age: 39.78 Married: 39% Number of Households: 10,452 Households with Children: 3,933
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 Glen Ellyn, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Abraham Lincoln Elementary School 0.5 mi Public K-5 3-5 5
      Diamante Montessori School 0.5 mi Private PRESCHOOL-K 0 0
      St Petronille School 0.6 mi Catholic K-8 0 4
      Philip J Rock Center And School 0.6 mi Public UNGRADE-UNGRADE 0 0
      Benjamin Franklin Elementary School 0.7 mi Public K-5 4-5 5
      Glenbard West High School 0.9 mi Public 9-12 4-5 4
      Glen Crest Middle School 1.1 mi Public 6-8 4 4
      Park View Elementary School 1.2 mi Public K-5 3-5 5
      Hadley Junior High School 1.2 mi Public 6-8 4 4
      Forest Glen Elementary School 1.5 mi Public PRESCHOOL-5 4-5 5
      St James The Apostle School 1.5 mi Catholic PRESCHOOL-8 0 5
      Montessori Academy Of Glen Ellen 1.7 mi Private PRESCHOOL-6 0 0
      Churchill Elementary School 1.7 mi Public PRESCHOOL-5 3 5
      Westfield Elementary School 1.9 mi Public K-5 4 5
      Glenoaks-therapeutic Day-south 2.1 mi Private 5-8 0 0
      Kindercare Learning Center 2.3 mi Private PRESCHOOL-7 0 0
      Glenbard South High School 2.6 mi Public 9-12 4-5 4
      Arbor View Elementary School 2.8 mi Public PRESCHOOL-5 4-5 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 © 2014
      Local Weather for Glen Ellyn, 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.