Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $264,900
    6% ( $15,000 ) vs Mar 2015
  • Median Sales Price
    $212,000
    3% ( $7,000 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $130,588
    1% ( $1,663 ) vs Mar 2015
  • Foreclosures 540
    Homes for Sale 276
    Recently Sold 937

Market Summary

There are currently 540 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 276.

In April, the number of properties that received a foreclosure filing in Schaumburg, IL was 29% lower than the previous month and 41% lower than the same time last year.

Home sales for March 2016 were up 23% compared with the previous month, and up 310% compared with a year ago. The median sales price of a non-distressed home was $212,000. The median sales price of a foreclosure home was $130,588, or 38% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$130,588 (Median Foreclosure 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) $212,000 (Median 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) $130,588 (Median Foreclosure 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) $212,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Palatine
90
157.1
% (y-o-y)
$234,000
30.0
% (y-o-y)
53.4%
58.3
% (y-o-y)
Arlington Heights
72
111.8
% (y-o-y)
$279,500
1.6
% (y-o-y)
36.3%
26.2
% (y-o-y)
Streamwood
58
52.6
% (y-o-y)
$165,000
13.4
% (y-o-y)
21.2%
19.2
% (y-o-y)
Mount Prospect
57
171.4
% (y-o-y)
$270,000
13.7
% (y-o-y)
48.0%
26.7
% (y-o-y)
Carol Stream
51
155.0
% (y-o-y)
$169,000
4.3
% (y-o-y)
14.2%
29.5
% (y-o-y)
Bartlett
50
127.3
% (y-o-y)
$219,000
1.9
% (y-o-y)
5.7%
10.0
% (y-o-y)
Hoffman Estates
43
168.8
% (y-o-y)
$160,000
2.6
% (y-o-y)
37.8%
37.5
% (y-o-y)
Elk Grove Village
39
116.7
% (y-o-y)
$195,500
11.7
% (y-o-y)
3.1%
35.2
% (y-o-y)
Libertyville
38
533.3
% (y-o-y)
$338,000
10.8
% (y-o-y)
9.8%
0.0
% (y-o-y)
Wheeling
36
71.4
% (y-o-y)
$165,000
8.4
% (y-o-y)
29.7%
17.9
% (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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