Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $269,900
    4% ( $10,000 ) vs Apr 2015
  • Median Sales Price
    $176,500
    10% ( $20,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $137,500
    9% ( $13,250 ) vs Apr 2015
  • Foreclosures 230
    Homes for Sale 83
    Recently Sold 266

Market Summary

There are currently 230 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 83.

In May, the number of properties that received a foreclosure filing in Elmwood Park, IL was 79% higher than the previous month and 8% lower than the same time last year.

Home sales for April 2016 were up 21% compared with the previous month, and up 142% compared with a year ago. The median sales price of a non-distressed home was $176,500. The median sales price of a foreclosure home was $137,500, or 22% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$137,500 (Median Foreclosure Sales Price) $150,750 (Median Foreclosure Sales Price) $157,250 (Median Foreclosure Sales Price) $178,250 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $176,500 (Median Sales Price) $196,500 (Median Sales Price) $215,000 (Median Sales Price) $232,000 (Median Sales Price) $227,750 (Median Sales Price) $224,000 (Median Sales Price) $137,500 (Median Foreclosure Sales Price) $150,750 (Median Foreclosure Sales Price) $157,250 (Median Foreclosure Sales Price) $178,250 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $176,500 (Median Sales Price) $196,500 (Median Sales Price) $215,000 (Median Sales Price) $232,000 (Median Sales Price) $227,750 (Median Sales Price) $224,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,423
44.1
% (y-o-y)
$255,500
2.2
% (y-o-y)
65.0%
61.1
% (y-o-y)
Oak Park
54
86.2
% (y-o-y)
$283,500
2.2
% (y-o-y)
25.9%
45.6
% (y-o-y)
Park Ridge
26
62.5
% (y-o-y)
$365,000
19.3
% (y-o-y)
9.6%
35.6
% (y-o-y)
Melrose Park
26
4.0
% (y-o-y)
$152,500
10.9
% (y-o-y)
31.1%
17.8
% (y-o-y)
Westchester
24
41.2
% (y-o-y)
$223,000
23.9
% (y-o-y)
35.5%
30.0
% (y-o-y)
Harwood Heights
23
91.7
% (y-o-y)
$245,000
0.8
% (y-o-y)
0.9%
28.5
% (y-o-y)
Maywood
23
9.5
% (y-o-y)
$75,000
2.6
% (y-o-y)
42.0%
41.6
% (y-o-y)
Forest Park
22
214.3
% (y-o-y)
$165,000
53.8
% (y-o-y)
71.4%
12.4
% (y-o-y)
Bellwood
19
5.0
% (y-o-y)
$119,000
24.6
% (y-o-y)
46.6%
48.2
% (y-o-y)
Franklin Park
17
30.8
% (y-o-y)
$175,000
25.9
% (y-o-y)
22.3%
22.3
% (y-o-y)

Local Info For Elmwood Park

Population:
24,710
Cost of Living Index: 116.09
Crime Index: 22.18     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%

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