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Real Estate Prices & Overview

Creekside / Newbury Estates median real estate price is $349,300, which is more expensive than 69.0% of the neighborhoods in Illinois and 52.9% of the neighborhoods in the U.S.

The average rental price in Creekside / Newbury Estates is currently $2,977, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.7% of the neighborhoods in Illinois.

Creekside / Newbury Estates is a suburban neighborhood (based on population density) located in Matteson, Illinois.

Creekside / Newbury Estates real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Creekside / Newbury Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Creekside / Newbury Estates, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 82.7% of all neighborhoods in the U.S. This means that the housing supply in Creekside / Newbury Estates is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Matteson, the Creekside / Newbury Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

A majority of the adults in the Creekside / Newbury Estates neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Illinois by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 96.8% of the neighborhoods in Illinois.

Diversity

Significantly, 2.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 95.1% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Creekside / Newbury Estates neighborhood in Matteson are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.3% of the neighborhoods in America. With 26.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Creekside / Newbury Estates neighborhood, 51.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 20.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.7%), and 13.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Creekside / Newbury Estates neighborhood is English, spoken by 97.3% of households. Other important languages spoken here include Italian and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Creekside / Newbury Estates neighborhood in Matteson, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (9.2%). There are also a number of people of German ancestry (4.3%), and residents who report Irish roots (2.4%), and some of the residents are also of Mexican ancestry (1.5%).

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Creekside / Newbury Estates neighborhood spend between 45 minutes and one hour commuting one-way to work (39.3% of working residents), longer and tougher than most commutes in America.

Here most residents (68.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.0%) and 8.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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