Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $261,950
    3% ( $7,075 ) vs Apr 2014
  • Median Sales Price
    $190,500
    2% ( $3,000 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $120,000
    0% ( $0 ) vs Apr 2014
  • Foreclosures 640
    Homes for Sale 320
    Recently Sold 558

Market Summary

There are currently 640 properties in Schaumburg, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 320.

In May, the number of properties that received a foreclosure filing in Schaumburg, IL was 15% lower than the previous month and 15% lower than the same time last year.

Home sales for April 2015 were up 43% compared with the previous month, and down 69% compared with a year ago. The median sales price of a non-distressed home was $190,500. The median sales price of a foreclosure home was $120,000, or 37% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$120,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $120,750 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $190,500 (Median Sales Price) $187,500 (Median Sales Price) $195,750 (Median Sales Price) $196,750 (Median Sales Price) $195,750 (Median Sales Price) $200,000 (Median Sales Price) $120,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $120,750 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $190,500 (Median Sales Price) $187,500 (Median Sales Price) $195,750 (Median Sales Price) $196,750 (Median Sales Price) $195,750 (Median Sales Price) $200,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Palatine
42
63.8
% (y-o-y)
$207,500
5.3
% (y-o-y)
54.7%
55.5
% (y-o-y)
Streamwood
39
45.8
% (y-o-y)
$146,000
4.8
% (y-o-y)
21.2%
21.7
% (y-o-y)
Arlington Heights
38
71.4
% (y-o-y)
$275,000
4.0
% (y-o-y)
17.6%
47.1
% (y-o-y)
Hanover Park
34
29.2
% (y-o-y)
$150,250
7.3
% (y-o-y)
33.9%
20.9
% (y-o-y)
Carol Stream
33
6.5
% (y-o-y)
$158,500
14.3
% (y-o-y)
Data not available
Mount Prospect
31
57.5
% (y-o-y)
$225,000
7.8
% (y-o-y)
3.3%
30.3
% (y-o-y)
Bartlett
28
39.1
% (y-o-y)
$216,500
1.6
% (y-o-y)
Data not available
Wheeling
23
57.4
% (y-o-y)
$146,250
13.4
% (y-o-y)
10.6%
5.6
% (y-o-y)
Glendale Heights
22
52.2
% (y-o-y)
$137,500
10.1
% (y-o-y)
Data not available
Addison
21
30.0
% (y-o-y)
$176,000
1.7
% (y-o-y)
6.5%
10.4
% (y-o-y)

Local Info For Schaumburg

Population:
73,333
Cost of Living Index: 115.29
Crime Index: 48.32     Rating: A- View crime details
Schools: 13    Average School Rating: A- View individual school rating
Household Median Income: $66,741
Unemployment: 4.60%
Percentage of vacant homes: 6.69%