Harvey Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $22,260
    12% ( $2,360 ) vs Feb 2014
  • Median Sales Price
    $26,000
    11% ( $2,500 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $23,000
    28% ( $5,000 ) vs Feb 2014
  • Foreclosures 469
    Homes for Sale 69
    Recently Sold 241

Market Summary

There are currently 469 properties in Harvey, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 69.

In March, the number of properties that received a foreclosure filing in Harvey, IL was 192% higher than the previous month and 97% higher than the same time last year.

Home sales for February 2015 were up 38% compared with the previous month, and down 8% compared with a year ago. The median sales price of a non-distressed home was $26,000. The median sales price of a foreclosure home was $23,000, or 12% lower than non-distressed home sales.

Sales Prices - Harvey, IL




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$23,000 (Median Foreclosure Sales Price) $18,000 (Median Foreclosure Sales Price) $15,500 (Median Foreclosure Sales Price) $15,500 (Median Foreclosure Sales Price) $17,000 (Median Foreclosure Sales Price) $20,000 (Median Foreclosure Sales Price) $26,000 (Median Sales Price) $23,500 (Median Sales Price) $24,750 (Median Sales Price) $30,000 (Median Sales Price) $31,500 (Median Sales Price) $22,000 (Median Sales Price) $23,000 (Median Foreclosure Sales Price) $18,000 (Median Foreclosure Sales Price) $15,500 (Median Foreclosure Sales Price) $15,500 (Median Foreclosure Sales Price) $17,000 (Median Foreclosure Sales Price) $20,000 (Median Foreclosure Sales Price) $26,000 (Median Sales Price) $23,500 (Median Sales Price) $24,750 (Median Sales Price) $30,000 (Median Sales Price) $31,500 (Median Sales Price) $22,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,746
31.8
% (y-o-y)
$245,000
2.0
% (y-o-y)
60.4%
64.4
% (y-o-y)
Tinley Park
36
40.0
% (y-o-y)
$167,250
1.4
% (y-o-y)
28.3%
23.6
% (y-o-y)
Calumet City
32
34.7
% (y-o-y)
$47,500
29.8
% (y-o-y)
39.5%
3.0
% (y-o-y)
Midlothian
31
22.5
% (y-o-y)
$92,500
9.8
% (y-o-y)
25.1%
51.9
% (y-o-y)
South Holland
28
0.0
% (y-o-y)
$119,000
1.3
% (y-o-y)
34.9%
45.5
% (y-o-y)
Homewood
25
19.0
% (y-o-y)
$103,250
14.3
% (y-o-y)
32.2%
41.1
% (y-o-y)
Country Club Hills
23
28.1
% (y-o-y)
$56,800
36.9
% (y-o-y)
25.6%
43.9
% (y-o-y)
Alsip
20
33.3
% (y-o-y)
$137,000
15.6
% (y-o-y)
32.1%
45.1
% (y-o-y)
Oak Forest
20
20.0
% (y-o-y)
$137,500
2.6
% (y-o-y)
18.2%
8.6
% (y-o-y)
Riverdale
18
12.5
% (y-o-y)
$36,250
17.9
% (y-o-y)
40.7%
0.8
% (y-o-y)

Local Info For Harvey

Population:
25,489
Cost of Living Index: 106.48
Crime Index: 489.14     Rating: F View crime details
Schools: 4    Average School Rating: D+ View individual school rating
Household Median Income: $32,923
Unemployment: 13.00%
Percentage of vacant homes: 21.64%