Real Estate Market Update for Harwood Heights, IL
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 18% from one year earlier, and down 16% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 38%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 250-thousand dollars. The number of units sold decreased 29% year-over-year, and increased 100% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 Harwood Heights, IL
Area Information for Harwood Heights, IL
  • Population: 8,849
  • Median Age: 42.48 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 10,729/sq mi
  • Population Change Since 2000: 5.68%
  • Closest Airport: Chicago O'hare International
  • Closest College: Westwood College Of Technology-ohare
  • Closest Jr. College: Wilbur Wright Clg-city Colleges Chicago
  • Median Household Income: $52,185
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $265,000
  • Closest Major Sports Team: Chicago Cubs
  • Change Avg. Household Income Since 2000: 18.24%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Harwood Heights, IL
Median Age: 42.48 Married: 41% Number of Households: 3,586 Households with Children: 874
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 Harwood Heights, IL

      School Name Distance Type Grades School Rating Parent Rating
      Dobbs Preschool 0.3 mi Private PRESCHOOL-K 0 0
      Union Ridge Elementary School 0.3 mi Public PRESCHOOL-8 4 0
      Ridgewood Community High School 0.7 mi Public 9-12 3 3
      Daniel C Beard Elementary School 0.7 mi Public PRESCHOOL-3 0 0
      St. Monica School 0.8 mi Catholic PRESCHOOL-8 0 0
      J Giles Elementary School 0.8 mi Public PRESCHOOL-8 5 0
      John W Garvy Elementary School 1.0 mi Public K-8 4 0
      Oriole Park Elementary School 1.2 mi Public PRESCHOOL-8 5 0
      St Eugene Elementary School 1.5 mi Catholic PRESCHOOL-8 0 0
      Norridge Park District's Early Care & Preschool Academy 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      J Leigh Elementary School 1.5 mi Public K-8 4 0
      Pennoyer Elementary School 2.0 mi Public K-8 4 0
      Everett Mckinley Dirksen Elementary School 2.2 mi Public PRESCHOOL-8 4 0
      Brickton Montessori School 2.4 mi Private PRESCHOOL-8 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Harwood Heights, 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.