Elmwood Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $269,900
    0% ( $0 ) vs May 2015
  • Median Sales Price
    $240,000
    38% ( $65,750 ) vs May 2015
  • Median Foreclosure Sales Price
    $136,000
    1% ( $1,500 ) vs May 2015
  • Foreclosures 232
    Homes for Sale 93
    Recently Sold 206

Market Summary

There are currently 232 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 93.

In June, the number of properties that received a foreclosure filing in Elmwood Park, IL was 21% lower than the previous month and 17% higher than the same time last year.

Home sales for May 2016 were down 73% compared with the previous month, and down 72% compared with a year ago. The median sales price of a non-distressed home was $240,000. The median sales price of a foreclosure home was $136,000, or 43% lower than non-distressed home sales.

Sales Prices - Elmwood Park, IL




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$136,000 (Median Foreclosure 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) $240,000 (Median Sales Price) $174,250 (Median Sales Price) $196,500 (Median Sales Price) $215,000 (Median Sales Price) $232,000 (Median Sales Price) $227,750 (Median Sales Price) $136,000 (Median Foreclosure 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) $240,000 (Median Sales Price) $174,250 (Median Sales Price) $196,500 (Median Sales Price) $215,000 (Median Sales Price) $232,000 (Median Sales Price) $227,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
754
70.9
% (y-o-y)
$258,000
6.7
% (y-o-y)
69.2%
60.9
% (y-o-y)
Melrose Park
18
45.5
% (y-o-y)
$149,500
6.6
% (y-o-y)
29.4%
39.1
% (y-o-y)
Oak Park
15
73.7
% (y-o-y)
$300,000
3.2
% (y-o-y)
47.0%
39.2
% (y-o-y)
Maywood
15
21.1
% (y-o-y)
$115,000
53.3
% (y-o-y)
73.7%
29.3
% (y-o-y)
Westchester
13
48.0
% (y-o-y)
$225,000
21.6
% (y-o-y)
39.4%
22.2
% (y-o-y)
Broadview
12
7.7
% (y-o-y)
$155,000
18.3
% (y-o-y)
54.5%
58.0
% (y-o-y)
Bellwood
10
60.0
% (y-o-y)
$127,000
13.4
% (y-o-y)
47.6%
54.5
% (y-o-y)
Park Ridge
10
73.7
% (y-o-y)
$395,000
8.2
% (y-o-y)
10.8%
27.4
% (y-o-y)
Franklin Park
9
60.9
% (y-o-y)
$205,000
65.3
% (y-o-y)
32.7%
5.0
% (y-o-y)
Forest Park
6
64.7
% (y-o-y)
$173,000
0.1
% (y-o-y)
75.4%
41.1
% (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: 4.90%
Percentage of vacant homes: 8.50%

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