Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $252,450
    3% ( $7,500 ) vs Nov 2014
  • Median Sales Price
    $224,000
    0% ( $0 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $151,000
    4% ( $7,000 ) vs Nov 2014
  • Foreclosures 237
    Homes for Sale 71
    Recently Sold 411

Market Summary

There are currently 237 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 71.

In December, the number of properties that received a foreclosure filing in Elmwood Park, IL was 16% lower than the previous month and 47% lower than the same time last year.

Home sales for November 2015 were up 1800% compared with the previous month, and down 49% compared with a year ago. The median sales price of a non-distressed home was $224,000. The median sales price of a foreclosure home was $151,000, or 33% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$151,000 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $128,250 (Median Foreclosure Sales Price) $143,750 (Median Foreclosure Sales Price) $224,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $223,750 (Median Sales Price) $225,000 (Median Sales Price) $225,000 (Median Sales Price) $151,000 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $128,250 (Median Foreclosure Sales Price) $143,750 (Median Foreclosure Sales Price) $224,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $223,750 (Median Sales Price) $225,000 (Median Sales Price) $225,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,889
28.5
% (y-o-y)
$237,000
12.4
% (y-o-y)
57.4%
64.9
% (y-o-y)
Oak Park
30
41.2
% (y-o-y)
$305,500
1.5
% (y-o-y)
39.4%
45.4
% (y-o-y)
Harwood Heights
29
26.1
% (y-o-y)
$265,000
8.6
% (y-o-y)
37.2%
33.4
% (y-o-y)
Park Ridge
28
54.1
% (y-o-y)
$417,500
21.0
% (y-o-y)
9.0%
26.1
% (y-o-y)
Melrose Park
28
20.0
% (y-o-y)
$215,000
53.6
% (y-o-y)
65.6%
21.4
% (y-o-y)
Maywood
23
4.5
% (y-o-y)
Data not available
Data not available
Bellwood
22
83.3
% (y-o-y)
$116,000
20.2
% (y-o-y)
48.7%
45.6
% (y-o-y)
Franklin Park
18
25.0
% (y-o-y)
$137,500
8.3
% (y-o-y)
Data not available
Westchester
17
37.0
% (y-o-y)
$193,000
5.9
% (y-o-y)
38.6%
0.0
% (y-o-y)
River Forest
15
36.4
% (y-o-y)
$284,000
34.7
% (y-o-y)
Data not available

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: 4.60%
Percentage of vacant homes: 8.50%

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