Real Estate Market Update for Worth, IL

Video: Real Estate Community Tour for Worth, IL

See Real estate community tour for Worth, IL
Welcome to October's Market Update. Lets take a look at residential real-estate activity in your area during the month of September. The number of active listings was up 9% from one year earlier, and up 15% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 150%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 140-thousand dollars. The number of units sold decreased 45% year-over-year, and decreased 56% 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.
Show Transcript
Map Information for Worth, IL
Area Information for Worth, IL
  • Population: 10,657
  • Median Age: 38.95 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 3
  • Sales Tax: 10%
  • Population Density: 4,498/sq mi
  • Population Change Since 2000: -.92%
  • Closest Airport: Chicago Midway International
  • Closest College: Trinity Christian College
  • Closest Jr. College: Moraine Valley Community College
  • Median Household Income: $51,578
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $130,000
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 21.79%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Worth, IL
Median Age: 38.95 Married: 34% Number of Households: 4,238 Households with Children: 1,279
    • 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 Worth, IL

      School Name Distance Type Grades School Rating Parent Rating
      Oak Ridge Elementary School 50.3 mi Public 2-5 4 0
      Amos Alonzo Stagg High School 50.5 mi Public 9-12 5 3
      Koraes Elementary School 50.6 mi Private PRESCHOOL-8 0 0
      Metamora Grade School 50.7 mi Public PRESCHOOL-8 4 0
      Metamora High School 51.0 mi Public 9-12 4 4
      Central Illinois Vocational Educational Cooperative 51.0 mi Public 9-12 0 0
      Worthwoods Elementary School 51.2 mi Public K-5 2 0
      Bobbie Noonans Child Care 51.2 mi Private PRESCHOOL-K 0 0
      Worth Jr High School 51.2 mi Public 6-8 3 0
      Sorrick School 51.2 mi Public PRESCHOOL-1 0 0
      St Mary Elementary School 51.3 mi Catholic PRESCHOOL-8 0 0
      Worth Elementary School 51.6 mi Public PRESCHOOL-5 3 0
      Worthridge School 52.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Regl Inst Scholastic Excellence 52.0 mi Public 6-12 0 0
      Germantown Hills Middle School 55.8 mi Public 3-8 4 0
      Germantown Hills Elementary School 55.8 mi Public PRESCHOOL-2 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 School Review data by
      Local Weather for Worth, 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.