Real Estate Market Update for La Grange Park, IL
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 22% from one year earlier and up 3% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just over 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 81% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold Decreased 57% year-over-year and Decreased 60% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. 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.
Map Information for La Grange Park, IL
Area Information for La Grange Park, IL
  • Population: 13,251
  • Median Age: 32.69 yr
  • Median Commute Time: 28.65 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 121
  • Sales Tax: 5%
  • Population Density: 5,947/sq mi
  • Population Change Since 2000: -1%
  • Closest Airport: Chicago Midway International
  • Closest College: Devry University
  • Closest Jr. College: Morton College
  • Median Household Income: $74,098
  • Annual Residential Turnover: 14.35%
  • Median Years in Residence: 4.48 yr
  • Median Home Sales Price: $286,000
  • Closest Major Sports Team: Chicago Bulls / Chicago Blackhawks
  • Change Avg. Household Income Since 2000: 23%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for La Grange Park, IL
Median Age: 32.69 Married: 45% Number of Households: 5,302 Households with Children: 1,628
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 Township 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 Private 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-10 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 School 1.2 mi Private 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 Private 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
      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 2014
      Local Weather for La Grange Park, 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.