Real Estate Market Update for Thornton, 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 down 40% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 110-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 66%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 90-thousand dollars. The number of units sold decreased 33% year-over-year, and decreased 33% 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 Thornton, IL

Area Information for Thornton, IL
  • Population: 2,283
  • Median Age: 42.68 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 972/sq mi
  • Population Change Since 2000: -5.67%
  • Closest Airport: Chicago Midway International
  • Closest College: Purdue University-calumet
  • Closest Jr. College: South Suburban College-cook County
  • Median Household Income: $67,169
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $146,500
  • Closest Major Sports Team: Chicago White Sox
  • Change Avg. Household Income Since 2000: 23.46%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Thornton, IL
Median Age: 42.68 Married: 32% Number of Households: 951 Households with Children: 196
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 Thornton, IL

      School Name Distance Type Grades School Rating
      Wolcott School 0.2 mi Public K-8 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.
      Local Weather for Thornton, IL
        Data powered by Attom Data Solutions. Copyright© 2022. Information 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.
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