Chicago Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,000
    0% ( $900 ) vs Nov 2014
  • Median Sales Price
    $237,000
    163% ( $147,000 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $101,000
    4% ( $4,000 ) vs Nov 2014
  • Foreclosures 13,404
    Homes for Sale 4,228
    Recently Sold 26,098

Market Summary

There are currently 13,404 properties in Chicago, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 4,228.

In December, the number of properties that received a foreclosure filing in Chicago, IL was 21% lower than the previous month and 42% lower than the same time last year.

Home sales for November 2015 were up 1604% compared with the previous month, and down 48% compared with a year ago. The median sales price of a non-distressed home was $237,000. The median sales price of a foreclosure home was $101,000, or 57% lower than non-distressed home sales.

Sales Prices - Chicago, IL




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$101,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $102,750 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $108,000 (Median Foreclosure Sales Price) $237,000 (Median Sales Price) $90,000 (Median Sales Price) $165,000 (Median Sales Price) $297,750 (Median Sales Price) $292,500 (Median Sales Price) $290,500 (Median Sales Price) $101,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $102,750 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $108,000 (Median Foreclosure Sales Price) $237,000 (Median Sales Price) $90,000 (Median Sales Price) $165,000 (Median Sales Price) $297,750 (Median Sales Price) $292,500 (Median Sales Price) $290,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Evanston
60
32.6
% (y-o-y)
$309,750
12.7
% (y-o-y)
45.0%
48.6
% (y-o-y)
Skokie
52
33.3
% (y-o-y)
$245,000
9.8
% (y-o-y)
24.0%
27.2
% (y-o-y)
Cicero
50
0.0
% (y-o-y)
$140,000
7.7
% (y-o-y)
41.1%
39.8
% (y-o-y)
Evergreen Park
32
88.2
% (y-o-y)
$169,500
13.0
% (y-o-y)
41.0%
31.7
% (y-o-y)
Elmwood Park
30
33.3
% (y-o-y)
$224,000
27.8
% (y-o-y)
32.6%
13.8
% (y-o-y)
Oak Park
30
41.2
% (y-o-y)
$305,500
1.5
% (y-o-y)
39.4%
45.4
% (y-o-y)
Harwood Heights
29
26.1
% (y-o-y)
$265,000
8.6
% (y-o-y)
37.2%
33.4
% (y-o-y)
Park Ridge
28
54.1
% (y-o-y)
$417,500
21.0
% (y-o-y)
9.0%
26.1
% (y-o-y)
Alsip
20
5.3
% (y-o-y)
$45,000
61.2
% (y-o-y)
Data not available
Niles
20
39.4
% (y-o-y)
$225,000
2.2
% (y-o-y)
26.4%
40.0
% (y-o-y)

Local Info For Chicago

Population:
2,703,466
Cost of Living Index: 115.36
Crime Index: 223.10     Rating: C- View crime details
Schools: 594    Average School Rating: C- View individual school rating
Household Median Income: $46,877
Unemployment: 5.60%
Percentage of vacant homes: 13.75%

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