Real Estate Market Update for Waukegan, 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 39% from one year earlier and down 16% 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 over 80-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 27% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 60-thousand dollars. The number of units sold Decreased 12% year-over-year and Decreased 22% 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 Waukegan, IL
Area Information for Waukegan, IL
  • Population: 89,279
  • Median Age: 36.07 yr
  • Median Commute Time: 22.26 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 117
  • Sales Tax: 10%
  • Population Density: 3,677/sq mi
  • Population Change Since 2000: 1%
  • Closest Airport: Chicago O'hare International
  • Closest College: Shimer College
  • Closest Jr. College: College Of Lake County
  • Median Household Income: $48,550
  • Annual Residential Turnover: 18.78%
  • Median Years in Residence: 2.63 yr
  • Median Home Sales Price: $67,000
  • Closest Major Sports Team: Chicago Rockstars
  • Change Avg. Household Income Since 2000: 14%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Waukegan, IL
Median Age: 36.07 Married: 35% Number of Households: 28,719 Households with Children: 12,058
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 Waukegan, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Allendale-transitional Living 0.3 mi Private - 0 0
      Allendale-independent Living 0.3 mi Private - 0 0
      Clearview Elementary School 0.6 mi Public PRESCHOOL-5 1 3
      St. Anastasia 0.8 mi Private PRESCHOOL-8 0 3
      Greenwood Elementary School 0.8 mi Public K-5 2 4
      Jack Benny Middle School 0.8 mi Public 6-8 1 3
      Glen Flora Elementary School 0.8 mi Public K-5 1 2
      Daniel Webster Middle School 0.8 mi Public 6-8 1 4
      Whittier Elementary School 0.9 mi Public K-5 1 0
      Whittier Elementary 0.9 mi Public K-5 0 0
      Glenwood Elementary School 0.9 mi Public K-5 1 4
      Oakdale Elementary School 1.0 mi Public K-5 1 3
      Little Fort Elementary School 1.0 mi Public K-5 2 5
      Lions Math & Science Christian 1.2 mi Private PRESCHOOL-6 0 0
      John S Clark Elementary School 1.2 mi Public K-5 1 4
      Immanuel Evangelical Lutheran 1.2 mi Private PRESCHOOL-8 0 4
      Hyde Park Elementary School 1.3 mi Public K-5 1 4
      North Elementary School 1.4 mi Public K-5 2 3
      Waukegan High School 1.5 mi Public 9-12 1 3
      Miguel Juarez Middle School 1.5 mi Public 6-8 1 4
      Epic North Shore School 1.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      Academy Of Our Lady 1.6 mi Private PRESCHOOL-8 0 0
      Allendale-becker House 1.6 mi Private - 0 0
      Robert E Abbott Middle School 1.7 mi Public 6-8 1 4
      Waukegan H S Ninth Grade Ctr 1.8 mi Public 9-9 0 0
      Lake County Baptist School 1.8 mi Private PRESCHOOL-12 0 4
      Alternative Optional Edu Center 1.9 mi Public 7-12 0 0
      Washington Elementary School 2.0 mi Public K-5 2-5 5
      Allendale-walter Cherry 2.0 mi Private - 0 0
      Andrew Cooke Magnet Elementary School 2.2 mi Public K-5 2-5 5
      Early Learning Center 2.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      St. Martin De Porres High School 2.4 mi Catholic 9-12 0 0
      Thomas Jefferson Middle School 2.5 mi Public 6-8 1 3
      H R Mccall Elementary School 2.5 mi Public K-5 1 4
      Carman-buckner Elementary School 2.6 mi Public K-5 1 0
      Howe Elementary School 2.7 mi Public K-5 1 4
      Lyon Magnet Elementary School 2.8 mi Public K-5 1 4
      Epic Shiloh 2.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Shelia Daniels Christian Academy 3.1 mi Private PRESCHOOL-8 0 3
      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 Waukegan, 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.