Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $224,900
    0% ( $50 ) vs Feb 2014
  • Median Sales Price
    $175,000
    0% ( $0 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $149,500
    0% ( $500 ) vs Feb 2014
  • Foreclosures 296
    Homes for Sale 76
    Recently Sold 302

Market Summary

There are currently 296 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 76.

In March, the number of properties that received a foreclosure filing in Elmwood Park, IL was 209% higher than the previous month and 89% higher than the same time last year.

Home sales for February 2015 were up 0% compared with the previous month, and down 8% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $149,500, or 15% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$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) $170,000 (Median Foreclosure 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) $208,000 (Median 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) $170,000 (Median Foreclosure 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) $208,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,746
31.8
% (y-o-y)
$245,000
2.0
% (y-o-y)
60.4%
64.4
% (y-o-y)
Maywood
31
14.8
% (y-o-y)
$75,000
17.6
% (y-o-y)
49.2%
59.3
% (y-o-y)
Park Ridge
30
34.8
% (y-o-y)
$342,500
1.6
% (y-o-y)
12.4%
33.9
% (y-o-y)
Melrose Park
28
31.7
% (y-o-y)
$135,000
4.7
% (y-o-y)
13.6%
29.8
% (y-o-y)
Oak Park
21
56.3
% (y-o-y)
$328,500
12.5
% (y-o-y)
33.8%
33.7
% (y-o-y)
Bellwood
17
57.5
% (y-o-y)
$129,500
60.9
% (y-o-y)
61.4%
31.1
% (y-o-y)
Franklin Park
16
14.3
% (y-o-y)
$150,000
0.0
% (y-o-y)
25.3%
20.0
% (y-o-y)
Westchester
16
30.4
% (y-o-y)
$189,000
2.1
% (y-o-y)
29.6%
44.8
% (y-o-y)
Forest Park
12
7.7
% (y-o-y)
$120,000
2.6
% (y-o-y)
50.0%
0.0
% (y-o-y)
Harwood Heights
9
57.1
% (y-o-y)
$246,750
12.2
% (y-o-y)
20.0%
18.1
% (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: 6.20%
Percentage of vacant homes: 8.50%