Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $249,900
    0% ( $0 ) vs Jun 2014
  • Median Sales Price
    $225,000
    1% ( $2,500 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $143,750
    8% ( $12,750 ) vs Jun 2014
  • Foreclosures 282
    Homes for Sale 99
    Recently Sold 108

Market Summary

There are currently 282 properties in Elmwood Park, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 99.

In July, the number of properties that received a foreclosure filing in Elmwood Park, IL was 17% higher than the previous month and 7% lower than the same time last year.

Home sales for June 2015 were down 31% compared with the previous month, and down 31% compared with a year ago. The median sales price of a non-distressed home was $225,000. The median sales price of a foreclosure home was $143,750, or 36% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$143,750 (Median Foreclosure Sales Price) $156,500 (Median Foreclosure Sales Price) $160,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $149,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $222,500 (Median Sales Price) $200,750 (Median Sales Price) $176,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $143,750 (Median Foreclosure Sales Price) $156,500 (Median Foreclosure Sales Price) $160,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $149,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $222,500 (Median Sales Price) $200,750 (Median Sales Price) $176,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,938
24.3
% (y-o-y)
$290,500
0.2
% (y-o-y)
62.5%
66.9
% (y-o-y)
Oak Park
49
37.2
% (y-o-y)
$332,500
10.1
% (y-o-y)
43.3%
51.3
% (y-o-y)
Melrose Park
29
9.4
% (y-o-y)
$162,000
24.1
% (y-o-y)
41.4%
19.5
% (y-o-y)
Park Ridge
27
32.5
% (y-o-y)
$365,000
4.3
% (y-o-y)
Data not available
Maywood
24
26.3
% (y-o-y)
$69,750
6.4
% (y-o-y)
35.5%
51.7
% (y-o-y)
Bellwood
22
12.0
% (y-o-y)
$112,500
4.7
% (y-o-y)
55.6%
51.2
% (y-o-y)
Westchester
20
9.1
% (y-o-y)
$200,000
1.7
% (y-o-y)
29.0%
39.3
% (y-o-y)
Riverside
13
7.1
% (y-o-y)
$391,000
43.8
% (y-o-y)
43.7%
50.2
% (y-o-y)
Franklin Park
12
47.8
% (y-o-y)
$173,750
8.6
% (y-o-y)
24.5%
37.5
% (y-o-y)
Forest Park
11
50.0
% (y-o-y)
$176,500
9.1
% (y-o-y)
Data not available

Local Info For Elmwood Park

Population:
24,710
Cost of Living Index: 116.09
Crime Index: 20.23     Rating: A View crime details
Schools: 5    Average School Rating: B- View individual school rating
Household Median Income: $55,100
Unemployment: 6.00%
Percentage of vacant homes: 8.50%