Real Estate Market Update for Glen Ellyn, IL

Video: Real Estate Community Tour for Glen Ellyn, IL

See Real estate community tour for Glen Ellyn, 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 15% from one year earlier, and down 18% 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 570-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 310-thousand dollars. The number of units sold decreased 9% year-over-year, and decreased 27% 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 Glen Ellyn, IL
Area Information for Glen Ellyn, IL
  • Population: 28,083
  • Median Age: 41.62 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 4,133/sq mi
  • Population Change Since 2000: .36%
  • Closest Airport: Chicago O'hare International
  • Closest College: Wheaton College
  • Closest Jr. College: College Of Dupage
  • Median Household Income: $90,492
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $355,000
  • Closest Major Sports Team: Kane County Cougars (a)
  • Change Avg. Household Income Since 2000: 34.32%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Glen Ellyn, IL
Median Age: 41.62 Married: 49% Number of Households: 10,651 Households with Children: 3,542
    • 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 Glen Ellyn, IL

      School Name Distance Type Grades School Rating Parent Rating
      Abraham Lincoln Elementary School 0.5 mi Public K-5 5 0
      Diamante Montessori School 0.5 mi Private PRESCHOOL-K 0 0
      Philip J Rock Center And School 0.6 mi Public UNGRADE-UNGRADE 0 0
      St Petronille School 0.6 mi Catholic K-8 0 0
      Benjamin Franklin Elementary School 0.7 mi Public K-5 5 0
      Glenbard West High School 0.9 mi Public 9-12 3 4
      Glen Crest Middle School 1.1 mi Public 6-8 5 0
      Park View Elementary School 1.2 mi Public K-5 4 0
      Hadley Junior High School 1.3 mi Public 6-8 4 0
      Forest Glen Elementary School 1.5 mi Public PRESCHOOL-5 4 0
      St James The Apostle School 1.5 mi Catholic PRESCHOOL-8 0 0
      Montessori Academy Of Glen Ellen 1.7 mi Private PRESCHOOL-8 0 0
      Churchill Elementary School 1.7 mi Public K-5 4 0
      Westfield Elementary School 1.9 mi Public K-5 5 0
      Glenoaks Therapeutic Day South 2.1 mi Private 6-9 0 0
      Kindercare Learning Center - Glen Ellyn 2.3 mi Private PRESCHOOL-6 0 0
      Glenbard South High School 2.6 mi Public 9-12 3 4
      Arbor View Elementary School 2.8 mi Public PRESCHOOL-5 4 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 Glen Ellyn, 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.