Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $222,250
    1% ( $2,650 ) vs Mar 2014
  • Median Sales Price
    $176,000
    1% ( $1,000 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $160,000
    7% ( $10,500 ) vs Mar 2014
  • Foreclosures 291
    Homes for Sale 79
    Recently Sold 245

Market Summary

There are currently 291 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 79.

In April, the number of properties that received a foreclosure filing in Elmwood Park, IL was 46% lower than the previous month and 32% higher than the same time last year.

Home sales for March 2015 were down 67% compared with the previous month, and down 67% compared with a year ago. The median sales price of a non-distressed home was $176,000. The median sales price of a foreclosure home was $160,000, or 9% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$160,000 (Median Foreclosure Sales Price) $149,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $149,500 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $176,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $158,000 (Median Sales Price) $175,250 (Median Sales Price) $194,000 (Median Sales Price) $160,000 (Median Foreclosure Sales Price) $149,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $149,500 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $176,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $158,000 (Median Sales Price) $175,250 (Median Sales Price) $194,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,149
62.8
% (y-o-y)
$240,000
2.0
% (y-o-y)
59.2%
63.5
% (y-o-y)
Maywood
21
12.5
% (y-o-y)
$82,000
0.0
% (y-o-y)
54.3%
56.1
% (y-o-y)
Forest Park
16
36.0
% (y-o-y)
$89,000
21.2
% (y-o-y)
Data not available
Melrose Park
15
70.6
% (y-o-y)
$128,250
2.6
% (y-o-y)
11.0%
28.0
% (y-o-y)
Oak Park
15
64.3
% (y-o-y)
$310,000
11.3
% (y-o-y)
59.0%
35.7
% (y-o-y)
Park Ridge
12
67.6
% (y-o-y)
$351,500
4.9
% (y-o-y)
35.6%
33.6
% (y-o-y)
Harwood Heights
12
55.6
% (y-o-y)
$247,000
5.6
% (y-o-y)
20.0%
18.4
% (y-o-y)
Westchester
11
52.2
% (y-o-y)
$189,500
4.4
% (y-o-y)
37.7%
37.3
% (y-o-y)
Franklin Park
11
8.3
% (y-o-y)
$148,500
0.7
% (y-o-y)
24.6%
25.4
% (y-o-y)
Bellwood
11
42.1
% (y-o-y)
$129,000
71.4
% (y-o-y)
65.1%
26.6
% (y-o-y)

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: 5.60%
Percentage of vacant homes: 8.50%