Real Estate Market Update for La Grange Park, IL

Video: Real Estate Community Tour for La Grange Park, IL

See Real estate community tour for La Grange Park, IL
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 45% from one year earlier, and up 19% 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 over 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 29%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 400-thousand dollars. The number of units sold decreased 20% 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.
Show Transcript
Map Information for La Grange Park, IL
Area Information for La Grange Park, IL
  • Population: 13,617
  • Median Age: 42.23 yr
  • Median Commute Time: 28.65 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 6,102/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: $74,796
  • Annual Residential Turnover: 14.39%
  • Median Years in Residence: 4.48 yr
  • Median Home Sales Price: $257,500
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 24%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for La Grange Park, IL
Median Age: 42.23 Married: 39% Number of Households: 5,504 Households with Children: 1,672
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 La Grange Park, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Cossitt Ave Elementary School 0.3 mi Public K-6 4-5 4
      Seventh Ave Elementary School 0.5 mi Public K-6 4 5
      St Johns Lutheran School 0.5 mi Private PRESCHOOL-8 0 4
      Lyons Twp High School 0.6 mi Public 9-12 5 4
      Little Peoples Country 0.6 mi Private PRESCHOOL-K 0 0
      St Francis Zavier School 0.6 mi Catholic PRESCHOOL-8 0 0
      Kensington School Of Lagrange 0.7 mi Private PRESCHOOL-K 0 0
      Creative World Montessori School 0.7 mi Private PRESCHOOL-K 0 0
      St. Francis Xavier 0.7 mi Catholic PRESCHOOL-8 0 5
      Ogden Ave Elementary School 0.8 mi Public K-6 5 4
      Spring Ave Elementary School 0.8 mi Public K-6 4-5 5
      Wm F Gurrie Middle School 0.8 mi Public 7-8 3 5
      Ladse Learning Center 0.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Park Junior High School 1.0 mi Public 7-8 4 3
      Nazareth Academy 1.1 mi Catholic 9-12 0 4
      St Cletus Elementary School 1.2 mi Catholic PRESCHOOL-8 0 4
      Helping Hand School 1.3 mi Private UNGRADE-UNGRADE 0 0
      Ideal Elementary School 1.6 mi Public PRESCHOOL-6 2-5 3
      Forest Road Elementary School 1.6 mi Public 1-6 4 4
      Barnsdale Road School 1.7 mi Public PRESCHOOL-K 0 0
      Highlands Elementary School 2.0 mi Public PRESCHOOL-5 4-5 5
      St Louise De Marillac School 2.0 mi Catholic PRESCHOOL-8 0 5
      Highlands Middle School 2.1 mi Public 6-8 5 5
      Kensington School Of The Highlands 2.1 mi Private PRESCHOOL-K 0 0
      Brook Park Elementary School 2.2 mi Public K-5 4-5 4
      Acacia Academy 2.5 mi Private 1-12 0 4
      Hodgkins Elementary School 2.6 mi Public K-6 2-5 4
      Ombudsman Educational Services-lyons Plus 2.7 mi Private 9-12 0 0
      Pleasantdale Elementary School 4.7 mi Public PRESCHOOL-4 5 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 © 2015
      Local Weather for La Grange Park, 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.