Real Estate Market Update for Woodridge, 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 stable from one year earlier, and down 1% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 32%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 270-thousand dollars. The number of units sold was consistent year-over-year, and increased 50% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. 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 Woodridge, IL
Area Information for Woodridge, IL
  • Population: 34,969
  • Median Age: 39.27 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 3,614/sq mi
  • Population Change Since 2000: 6.67%
  • Closest Airport: Chicago O'hare International
  • Closest College: Benedictine University
  • Closest Jr. College: College Of Dupage
  • Median Household Income: $78,144
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $270,000
  • Closest Major Sports Team: Kane County Cougars (a)
  • Change Avg. Household Income Since 2000: 28.48%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Woodridge, IL
Median Age: 39.27 Married: 44% Number of Households: 13,423 Households with Children: 4,057
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 Woodridge, IL

      School Name Distance Type Grades School Rating Parent Rating
      Maple Tree Academy 0.5 mi Private PRESCHOOL-K 0 0
      Goodrich Elementary School 0.5 mi Public K-6 4 0
      Montessori Of Woodridge Inc 0.7 mi Private PRESCHOOL-K 0 0
      Thomas Jefferson Jr High School 1.0 mi Public 7-8 4 0
      Edgewood Elementary School 1.1 mi Public PRESCHOOL-6 2 0
      William F Murphy Elementary School 1.1 mi Public K-6 4 0
      Meadowview Elementary School 1.1 mi Public K-6 4 0
      St Scholastica Elementary School 1.2 mi Catholic K-8 0 0
      John L Sipley Elementary School 1.4 mi Public PRESCHOOL-6 4 0
      Willow Creek Elementary School 1.4 mi Public K-6 3 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.
      Local Weather for Woodridge, IL
        Data powered by Attom Data Solutions. Copyright© 2020. 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.