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Market Insider: Arlington Heights, IL 60004 vs. Palatine, IL 60067

Market Insider

Compare where you live to a new location or multiple areas using current information on community summaries, market stability, schools, listing vs. sold price, buyer vs. seller market, and even smoking bans.

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 Community Summary
 Today, lets compare market data, crime, schools and other info between Arlington Heights, IL 60004 vs. Palatine, IL 60067.
DATA 60004 60067
Median Age
44
42
Married
49%
46%
Number of Homes
20,096
15,982
Household Size
2.5
2.4
Homes with Children
30%
31%
Total Population
50,570
39,506
Population Growth (since 2000)
0.00%
1.00%
Population Density (ppl/mile)
4,563
2,879

Market Stability Summary

DATA 60004 60067
Median Listing Price*
$367,030
$418,780
Median Days on Market*
74
87
Active Listings*
228
275
Percentage of Distressed Listings*
7.0%
7.6%
Annual Residential Turnover
8%
10%
5+ Years in Residency
No Data
No Data
Median Years in Residency
No Data
No Data

* Single Family Homes and Condos Only

School Summary

DATA 60004 60067
Number of Schools
22
15
Educational Climate Index
Average
Above Average
Test Scores
4
4
Number of Students
9,358
9,472
Student Teacher Ratio
11 : 1
16 : 1
Gifted And Talented Schools
7
5
Schools with AP Classes
3
1

Housing Market Trends – Sold vs. Listed

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

60004

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60067

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Housing Inventory Trends

The number of active listings in ARLINGTON HEIGHTS (60004) increased by 5.1% from the previous month.

The median number of days active properties have been listed is 74. This is significantly shorter than the national average.

The number of sales in October dropped by 61.8% from the previous month.

60004

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60067

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Property Ownership

The percent of unoccupied properties is very low in ARLINGTON HEIGHTS (60004) . It is -9.84% below the national average.

The percent of owner occupied properties in ARLINGTON HEIGHTS (60004) is 11.19% above the national average.

60004

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60067

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Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

DATA 60004 60067
Studio
$860
$860
One Bedroom
$1,001
$1,001
Two Bedroom
$1,176
$1,176
Three Bedroom
$1,494
$1,494
Four Bedroom
$1,780
$1,780

Income by Household

Median household income in 60004 is $81,451 with 647 households earning between $35,000 to $40,000 annually.

Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.

60004

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60067

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Crime Risk

The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average.

The national average for each type of crime equals a score of 100.

A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

60004

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60067

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Education: Highest Level Attained

For the zip 60004, 32.59% of the people have completed a bachelors degree as their highest education level.

60004

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60067

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Weather Risk

Weather Risk shows you the different kinds of extreme weather in an area, based on historical storm events and weather patterns.

The national average for each type of weather event equals a score of 100.

A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

60004

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60067

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Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

DATA 60004 60067
Workplaces
No
No
Restaurants
No
No
Bars
No
No
  • Neighborhood and sold information provided by Onboard Informatics © 2011 Onboard informatics. Information deemed reliable but not guaranteed.
  • School Review data by Niche.com
  • School Performance data by SchoolDigger.com
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