Real Estate Market Update for Northfield, IL

Video: Real Estate Community Tour for Northfield, IL

See Real estate community tour for Northfield, 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 24% from one year earlier, and down 17% 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 850-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 500%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 800-thousand dollars. The number of units sold decreased 67% year-over-year, and decreased 62% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better 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.
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Map Information for Northfield, IL
School Data for Northfield, IL

School Name Distance Type Grades GreatSchools Rating Parent Rating
Carleton W Washburne School 0.3 mi Public 7-8 5 4
Crow Island Elementary School 0.6 mi Public K-4 5 5
The Skokie School 0.6 mi Public 5-6 5 5
Hubbard Woods Elementary School 1.0 mi Public K-4 5 5
Hyde Park Day School-north 1.0 mi Private 1-8 0 5
New Trier Township H S Northfield 1.1 mi Public 9-9 0 4
Sacred Heart School 1.2 mi Catholic PRESCHOOL-8 0 5
Middlefork Primary School 1.2 mi Public K-3 0 5
St. Faith Hope & Charity 1.3 mi Catholic PRESCHOOL-8 0 5
Sunset Ridge Elementary School 1.5 mi Public 4-8 5 5
North Shore Country Day School 1.5 mi Private K-12 0 5
Greeley Elementary School 1.8 mi Public K-4 5 4
New Trier Township H S Winnetka 2.0 mi Public 10-12 5 4
Christian Heritage Academy 2.1 mi Private PRESCHOOL-12 0 5
Glenview Montessori School 2.1 mi Private PRESCHOOL-K 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: GreatSchools.org and Onboard Informatics © 2015
Local Weather for Northfield, 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.