Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,300
    0% ( $300 ) vs Jun 2013
  • Median Sales Price
    $211,250
    12% ( $23,250 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $111,500
    10% ( $10,500 ) vs Jun 2013
  • Foreclosures 388
    Homes for Sale 101
    Recently Sold 360

Market Summary

There are currently 388 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 101.

In July, the number of properties that received a foreclosure filing in Elmwood Park, IL was 33% lower than the previous month and 26% lower than the same time last year.

Home sales for June 2014 were down 24% compared with the previous month, and down 28% compared with a year ago. The median sales price of a non-distressed home was $211,250. The median sales price of a foreclosure home was $111,500, or 47% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$111,500 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $142,500 (Median Foreclosure Sales Price) $116,750 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $211,250 (Median Sales Price) $188,000 (Median Sales Price) $191,750 (Median Sales Price) $184,500 (Median Sales Price) $162,000 (Median Sales Price) $165,750 (Median Sales Price) $111,500 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $142,500 (Median Foreclosure Sales Price) $116,750 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $211,250 (Median Sales Price) $188,000 (Median Sales Price) $191,750 (Median Sales Price) $184,500 (Median Sales Price) $162,000 (Median Sales Price) $165,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,530
45.2
% (y-o-y)
$288,000
7.7
% (y-o-y)
66.7%
69.5
% (y-o-y)
Oak Park
78
32.8
% (y-o-y)
$370,000
5.4
% (y-o-y)
51.3%
61.3
% (y-o-y)
Park Ridge
40
45.9
% (y-o-y)
$350,000
7.7
% (y-o-y)
Data not available
Melrose Park
32
57.9
% (y-o-y)
$130,500
4.4
% (y-o-y)
19.5%
32.6
% (y-o-y)
Harwood Heights
32
6.7
% (y-o-y)
$238,750
13.7
% (y-o-y)
16.9%
7.1
% (y-o-y)
Bellwood
25
47.9
% (y-o-y)
$110,000
18.3
% (y-o-y)
52.3%
52.2
% (y-o-y)
Franklin Park
23
14.8
% (y-o-y)
$160,000
15.1
% (y-o-y)
37.5%
26.6
% (y-o-y)
Forest Park
22
42.1
% (y-o-y)
$194,250
17.7
% (y-o-y)
70.1%
65.9
% (y-o-y)
Westchester
22
46.3
% (y-o-y)
$203,500
15.0
% (y-o-y)
39.3%
23.4
% (y-o-y)
Maywood
19
47.2
% (y-o-y)
$74,500
43.3
% (y-o-y)
51.7%
32.7
% (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: 6.60%
Percentage of vacant homes: 8.50%