Frequently Asked Questions
Is Emerson Place a good place to live?
Emerson Place is a good place to live. Emerson Place is considered somewhat walkable and bikeable with some transit options. Emerson Place is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Emerson Place has 3 parks for recreational activities. It has a median age of 48. The average household income is $180,167 which is above the national average. College graduates make up 51.3% of residents. A majority of residents in Emerson Place are home owners, with 6.2% of residents renting and 93.8% of residents owning their home. A
local real estate agent serving Emerson Place can help you decide if this neighborhood is the right one for you. Learn more on our
Emerson Place neighborhood guide.
Is Emerson Place, IL a safe neighborhood?
Emerson Place, IL is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Emerson Place?
The median home price in Emerson Place is $499,950. If you put a 20% down payment of $100,000 and had a 30-year fixed mortgage with an interest rate of 6.51%, your estimated principal and interest payment would be $2,530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $108K a year to afford the median home price in Emerson Place. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Emerson Place is $180K.
What are the best public schools in Emerson Place?
The best public schools that serve Emerson Place are:
- Maine East High School has an A Niche grade, a student teacher ratio of 15:1 and an average review score of 4.0.
- Maine South High School has an A Niche grade, a student teacher ratio of 16:1 and an average review score of 3.8.
- Emerson Middle School has an A- Niche grade, a student teacher ratio of 12:1 and an average review score of 3.5.
What are the best private schools in Emerson Place?
The best private schools that serve Emerson Place are:
What are the most popular zip codes in Emerson Place, Niles, IL?
What are the most popular neighborhoods near Emerson Place, Niles, IL?
Are home prices dropping in Emerson Place?
Yes, home prices in Emerson Place are down 33% in the last 12 months.
Home Trends in Emerson Place, IL
On average, homes in Emerson Place, Niles sell after 42 days on the market compared to the national average of 58 days. The median sale price for homes in Emerson Place, Niles over the last 12 months is $517,750, down 31% from the median home sale price over the previous 12 months.
Median Sale Price
$517,750
Median Single Family Sale Price
$517,750
Average Price Per Sq Ft
$339
Number of Homes for Sale
0
Last 12 months Home Sales
6
Median List Price
$499,950
Median Change From 1st List Price
-8%
Median Home Sale Price YoY Change
-31%