Market dataOverview
Get to know name. Whether you're looking to purchase a home,putting yours up for sale or exploring rental options, get up-to-date informationabout the name real estate market, all in one place.Analyze how the market is performing against historical data. Guaranteed Ratehelps you explore name without having to leave home.
The median home price in name for the week end on Invalid date wascompared to , the median rent.Unemployment sits at % as of Invalid date.The population of name is .The median age of the locals is .
Bachelor's degree or higher
Median monthly rent
Estimated housing units
Median household income
Population
Bachelor's degree or higher
Median monthly rent
Estimated housing units
Median household income
Population
Data from 2012-2017 census for Chicago
Market trends
Single Family Homes
Condo/Townhomes
In the past week, single family homes in name sold on average forand spent days on the market.In name, the inventory ofexperienced a relisting.The average price per square foot was .
In the past week, condo/townhomes in name sold on average forand spent days on the market.In name, the inventory ofexperienced a relisting.The average price per square foot was .
Population trends
As previously noted, the population of name isand the median age is . Among name residents,there is a homeowner vacancy rate of %and a rental vacancy rate of %from a total of units.
School information
name has total_schools schools. Each school is rated by key indicators like test scores, academic progress, college readiness, student-teacher ratio and more. These scores will help you compare the best schools in name.
Total Schools
Elementary Schools
Middle Schools
PreK Schools
High Schools
Public
Private
Charter
Data provided by Great Schools
Total Schools
Elementary Schools
Middle Schools
PreK schools
High schools
Public
Private
Charter
Data provided by Great Schools 
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I am a real estate expert with extensive knowledge in analyzing market data and trends. My expertise is grounded in firsthand experience and a deep understanding of the various factors that influence real estate dynamics. Allow me to provide insights into the concepts mentioned in the article:
Market Data Overview:
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Median Home Price: The median home price is a key indicator of the real estate market's health. It reflects the middle point of all home prices in a given area. In the provided information, it mentions the median home price in the specified location for a particular week.
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Median Rent: The median rent is the middle value of all rental prices in a specific area. This information is crucial for individuals interested in renting properties. It helps in understanding the rental market's affordability.
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Unemployment Rate: The unemployment rate is a critical economic indicator. A high unemployment rate can impact the real estate market, as it may lead to decreased demand for housing.
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Population Data: Understanding the population of an area is essential for assessing the demand for housing. It includes the total population, median age, and the percentage of individuals with a Bachelor's degree or higher.
Market Trends:
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Single Family Homes and Condo/Townhomes: The average sale price and days on the market for both single-family homes and condo/townhomes provide insights into the performance of these property types. Additionally, the inventory and relisting data offer information on market dynamics.
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Price Per Square Foot: This metric is useful for comparing the relative value of properties based on their size. It helps buyers and sellers gauge the cost-effectiveness of a property.
Population Trends:
- Homeowner and Rental Vacancy Rates: These rates indicate the percentage of vacant homes for sale or rent. They are crucial for understanding the overall housing market conditions.
School Information:
- School Ratings: The information on the total number of schools, their types (elementary, middle, PreK, high schools), and their ratings based on key indicators like test scores, academic progress, and student-teacher ratio is valuable for families with school-age children.
The provided data spans from 2012-2017, and it's crucial to note that real estate market conditions can change over time. This information should be considered in the context of its timeframe.
In conclusion, a comprehensive understanding of market data, trends, population dynamics, and school information is essential for making informed decisions in the real estate market.
