Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,450
    2% ( $4,450 ) vs Sep 2013
  • Median Sales Price
    $208,000
    2% ( $3,250 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $170,000
    29% ( $38,000 ) vs Sep 2013
  • Foreclosures 359
    Homes for Sale 46
    Recently Sold 400

Market Summary

There are currently 359 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 46.

In October, the number of properties that received a foreclosure filing in Elmwood Park, IL was 54% higher than the previous month and 15% lower than the same time last year.

Home sales for September 2014 were up 56% compared with the previous month, and up 24% compared with a year ago. The median sales price of a non-distressed home was $208,000. The median sales price of a foreclosure home was $170,000, or 18% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$170,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $111,500 (Median Foreclosure Sales Price) $111,500 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $142,500 (Median Foreclosure Sales Price) $208,000 (Median Sales Price) $211,250 (Median Sales Price) $198,000 (Median Sales Price) $211,250 (Median Sales Price) $188,000 (Median Sales Price) $191,750 (Median Sales Price) $170,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $111,500 (Median Foreclosure Sales Price) $111,500 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $142,500 (Median Foreclosure Sales Price) $208,000 (Median Sales Price) $211,250 (Median Sales Price) $198,000 (Median Sales Price) $211,250 (Median Sales Price) $188,000 (Median Sales Price) $191,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,445
3.5
% (y-o-y)
$290,000
5.8
% (y-o-y)
65.5%
67.7
% (y-o-y)
Oak Park
98
3.9
% (y-o-y)
$340,000
4.8
% (y-o-y)
41.2%
74.3
% (y-o-y)
Park Ridge
68
33.3
% (y-o-y)
$382,500
13.5
% (y-o-y)
20.3%
17.1
% (y-o-y)
Melrose Park
57
23.0
% (y-o-y)
$135,000
7.1
% (y-o-y)
34.1%
24.6
% (y-o-y)
Westchester
48
54.8
% (y-o-y)
$212,500
10.4
% (y-o-y)
27.1%
26.2
% (y-o-y)
Harwood Heights
43
8.5
% (y-o-y)
$250,500
8.9
% (y-o-y)
32.1%
8.2
% (y-o-y)
Franklin Park
30
23.1
% (y-o-y)
$150,000
6.8
% (y-o-y)
14.0%
25.3
% (y-o-y)
Bellwood
30
25.0
% (y-o-y)
$101,000
6.3
% (y-o-y)
41.6%
51.6
% (y-o-y)
Riverside
30
30.2
% (y-o-y)
$233,250
22.3
% (y-o-y)
21.5%
55.0
% (y-o-y)
River Forest
26
0.0
% (y-o-y)
$490,000
6.1
% (y-o-y)
68.4%
75.3
% (y-o-y)

Local Info For Elmwood Park

Population:
24,710
Cost of Living Index: 116.09
Crime Index: 23.97     Rating: A View crime details
Schools: 5    Average School Rating: B- View individual school rating
Household Median Income: $55,100
Unemployment: 5.50%
Percentage of vacant homes: 8.50%