Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $236,450
    15% ( $31,550 ) vs Feb 2015
  • Median Sales Price
    $215,000
    7% ( $17,000 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $157,250
    12% ( $21,000 ) vs Feb 2015
  • Foreclosures 226
    Homes for Sale 81
    Recently Sold 344

Market Summary

There are currently 226 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 81.

In March, the number of properties that received a foreclosure filing in Elmwood Park, IL was 33% lower than the previous month and 71% lower than the same time last year.

Home sales for February 2016 were up 22% compared with the previous month, and down 8% compared with a year ago. The median sales price of a non-distressed home was $215,000. The median sales price of a foreclosure home was $157,250, or 27% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$157,250 (Median Foreclosure Sales Price) $178,250 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $232,000 (Median Sales Price) $227,750 (Median Sales Price) $224,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median 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) $158,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $232,000 (Median Sales Price) $227,750 (Median Sales Price) $224,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,661
48.5
% (y-o-y)
$245,000
0.0
% (y-o-y)
59.6%
60.8
% (y-o-y)
Oak Park
57
171.4
% (y-o-y)
$313,000
4.7
% (y-o-y)
39.3%
33.8
% (y-o-y)
Park Ridge
42
40.0
% (y-o-y)
$353,500
3.2
% (y-o-y)
Data not available
Melrose Park
37
27.6
% (y-o-y)
$164,250
21.7
% (y-o-y)
45.2%
13.6
% (y-o-y)
Bellwood
37
105.6
% (y-o-y)
$95,000
26.6
% (y-o-y)
32.9%
61.4
% (y-o-y)
Harwood Heights
30
200.0
% (y-o-y)
$245,000
0.7
% (y-o-y)
10.2%
20.0
% (y-o-y)
Maywood
27
12.9
% (y-o-y)
$100,000
33.3
% (y-o-y)
50.0%
49.2
% (y-o-y)
Franklin Park
26
62.5
% (y-o-y)
$155,000
3.3
% (y-o-y)
32.3%
25.3
% (y-o-y)
Forest Park
19
46.2
% (y-o-y)
$175,000
45.8
% (y-o-y)
30.9%
50.0
% (y-o-y)
Westchester
17
6.3
% (y-o-y)
$183,000
3.2
% (y-o-y)
17.3%
29.6
% (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: 5.70%
Percentage of vacant homes: 8.50%

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