Real Estate Market Update for Calumet City, IL

Video: Real Estate Community Tour for Calumet City, IL

See Real estate community tour for Calumet City, IL
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 35% 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 under 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 71%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 100-thousand dollars. The number of units sold decreased 24% year-over-year, and decreased 4% 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 Calumet City, IL
Area Information for Calumet City, IL
  • Population: 36,256
  • Median Age: 36.1 yr
  • Median Commute Time: 36 mins
  • Educational Climate*: 3
  • Sales Tax: 10%
  • Population Density: 5,045/sq mi
  • Population Change Since 2000: -7.66%
  • Closest Airport: Chicago Midway International
  • Closest College: Purdue University-calumet
  • Closest Jr. College: South Suburban College-cook County
  • Median Household Income: $40,225
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $55,000
  • Closest Major Sports Team: Chicago White Sox
  • Change Avg. Household Income Since 2000: 9.06%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Calumet City, IL
Median Age: 36.1 Married: 25% Number of Households: 13,677 Households with Children: 4,264
    • 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 Calumet City, IL

      School Name Distance Type Grades School Rating Parent Rating
      Thornton Fractnl No High School 0.4 mi Public 9-12 2 3
      Wentworth Jr High School 0.6 mi Public 6-8 1 0
      Wentworth Intermediate School 0.6 mi Public 3-5 1 0
      Carol Moseley Braun School 0.7 mi Public 1-6 0 0
      Grandma Jones Day Care Center 0.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      School Of Fine Arts 0.8 mi Public 7-8 0 0
      Creative Communications Acad 0.8 mi Public 7-8 0 0
      Stem Academy 0.8 mi Public 7-8 0 0
      Lincoln Elementary School 0.8 mi Public PRESCHOOL-8 2 0
      Hoover Elementary School 0.9 mi Public PRESCHOOL-5 0 0
      Caroline Sibley Elementary School 1.0 mi Public K-6 0 0
      Wilson Elementary School 1.2 mi Public PRESCHOOL-2 0 0
      Nurturing Development & Learning Academy 1.2 mi Private PRESCHOOL-K 0 0
      Coras Career Academy 1.4 mi Private K-12 0 0
      Schrum Memorial School 1.7 mi Public 6-8 1 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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Calumet City, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.