Real Estate Market Update for Tower Lakes, IL
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 21% from one year earlier, and up 25% 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 410-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 1%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 390-thousand dollars. The number of units sold decreased 50% 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.
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Map Information for Tower Lakes, IL
School Data for Tower Lakes, IL

School Name Distance Type Grades GreatSchools Rating Parent Rating
Countryside Elem School 0.7 mi Public K-5 4-5 5
Barrington High School 0.9 mi Public 9-12 5 4
Hough Street Elem School 1.4 mi Public PRESCHOOL-5 4-5 5
Roslyn Road Elementary School 1.6 mi Public K-5 5 5
St Anne 1.6 mi Catholic PRESCHOOL-8 0 5
Grove Avenue Elem School 1.7 mi Public K-5 5 5
Creative Care Childrens Ctr Inc 1.8 mi Private PRESCHOOL-6 0 5
Creative Learning Montessori School 1.8 mi Private - 0 0
Atonement Christian Day School 2.2 mi Private PRESCHOOL-K 0 0
Arnett C Lines Elem School 2.2 mi Public K-5 4-5 5
Barrington Middle Sch Station 2.2 mi Public 6-8 4-5 4
Barrington Mdle Sch Prairie Cmps 2.4 mi Public 6-8 4-5 4
Lake Barrington Academy Of Stars 2.6 mi Private PRESCHOOL-5 0 0
St Marks Day School 2.8 mi Private PRESCHOOL-K 0 0
Barbara B Rose Elem School 3.9 mi Public K-5 5 5
North Barrington Elem School 4.4 mi Public K-5 5 4
Montessori Children's House Of North Barrington 4.7 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 Tower Lakes, 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.