Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $249,900
    10% ( $23,000 ) vs Feb 2015
  • Median Sales Price
    $205,000
    6% ( $12,000 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $132,250
    23% ( $38,500 ) vs Feb 2015
  • Foreclosures 547
    Homes for Sale 266
    Recently Sold 1,101

Market Summary

There are currently 547 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 266.

In March, the number of properties that received a foreclosure filing in Schaumburg, IL was 2% higher than the previous month and 56% lower than the same time last year.

Home sales for February 2016 were up 21% compared with the previous month, and up 37% compared with a year ago. The median sales price of a non-distressed home was $205,000. The median sales price of a foreclosure home was $132,250, or 35% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$132,250 (Median Foreclosure Sales Price) $170,750 (Median Foreclosure Sales Price) $172,750 (Median Foreclosure Sales Price) $174,000 (Median Foreclosure Sales Price) $165,000 (Median Foreclosure Sales Price) $163,250 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $217,000 (Median Sales Price) $218,250 (Median Sales Price) $220,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $132,250 (Median Foreclosure Sales Price) $170,750 (Median Foreclosure Sales Price) $172,750 (Median Foreclosure Sales Price) $174,000 (Median Foreclosure Sales Price) $165,000 (Median Foreclosure Sales Price) $163,250 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $217,000 (Median Sales Price) $218,250 (Median Sales Price) $220,000 (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
Arlington Heights
71
18.3
% (y-o-y)
$267,500
3.4
% (y-o-y)
30.5%
33.5
% (y-o-y)
Palatine
70
1.4
% (y-o-y)
$237,000
11.8
% (y-o-y)
48.1%
64.6
% (y-o-y)
Streamwood
62
51.2
% (y-o-y)
$161,500
6.3
% (y-o-y)
27.2%
23.7
% (y-o-y)
Mount Prospect
51
50.0
% (y-o-y)
$275,000
9.6
% (y-o-y)
38.2%
35.3
% (y-o-y)
Bartlett
51
88.9
% (y-o-y)
$224,167
4.3
% (y-o-y)
17.1%
16.3
% (y-o-y)
Hanover Park
48
50.0
% (y-o-y)
$148,000
10.8
% (y-o-y)
20.3%
26.5
% (y-o-y)
Wheeling
38
40.7
% (y-o-y)
$165,000
9.1
% (y-o-y)
29.1%
23.0
% (y-o-y)
Addison
36
89.5
% (y-o-y)
$190,497
3.0
% (y-o-y)
21.7%
16.2
% (y-o-y)
Hoffman Estates
35
218.2
% (y-o-y)
$159,000
3.6
% (y-o-y)
24.0%
40.8
% (y-o-y)
Glendale Heights
33
50.0
% (y-o-y)
$150,186
2.2
% (y-o-y)
14.8%
40.6
% (y-o-y)

Local Info For Schaumburg

Population:
73,333
Cost of Living Index: 115.29
Crime Index: 38.71     Rating: A- View crime details
Schools: 13    Average School Rating: A- View individual school rating
Household Median Income: $66,741
Unemployment: 5.00%
Percentage of vacant homes: 6.69%

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