Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $259,900
    10% ( $23,450 ) vs Mar 2015
  • Median Sales Price
    $196,500
    9% ( $18,500 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $150,750
    4% ( $6,500 ) vs Mar 2015
  • Foreclosures 221
    Homes for Sale 80
    Recently Sold 307

Market Summary

There are currently 221 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 80.

In April, the number of properties that received a foreclosure filing in Elmwood Park, IL was 5% lower than the previous month and 49% lower than the same time last year.

Home sales for March 2016 were up 9% compared with the previous month, and up 200% compared with a year ago. The median sales price of a non-distressed home was $196,500. The median sales price of a foreclosure home was $150,750, or 23% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$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) $158,000 (Median Foreclosure 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) $0 (Median 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) $158,000 (Median Foreclosure 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) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,166
175.5
% (y-o-y)
$247,000
2.9
% (y-o-y)
62.3%
59.2
% (y-o-y)
Oak Park
59
293.3
% (y-o-y)
$286,000
7.7
% (y-o-y)
39.0%
59.0
% (y-o-y)
Park Ridge
42
250.0
% (y-o-y)
$352,000
0.1
% (y-o-y)
Data not available
Bellwood
35
218.2
% (y-o-y)
$105,000
18.6
% (y-o-y)
33.8%
65.1
% (y-o-y)
Melrose Park
30
100.0
% (y-o-y)
$160,750
32.3
% (y-o-y)
51.5%
6.1
% (y-o-y)
Westchester
25
127.3
% (y-o-y)
$210,500
11.1
% (y-o-y)
31.7%
37.7
% (y-o-y)
Franklin Park
24
118.2
% (y-o-y)
$165,500
11.4
% (y-o-y)
31.3%
24.6
% (y-o-y)
Harwood Heights
24
100.0
% (y-o-y)
$236,000
4.5
% (y-o-y)
Data not available
Maywood
23
9.5
% (y-o-y)
$94,250
14.9
% (y-o-y)
42.7%
54.3
% (y-o-y)
Forest Park
22
37.5
% (y-o-y)
$139,000
56.2
% (y-o-y)
34.2%
5.6
% (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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