Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $248,200
    5% ( $11,799 ) vs May 2014
  • Median Sales Price
    $182,000
    4% ( $8,500 ) vs May 2014
  • Median Foreclosure Sales Price
    $127,000
    6% ( $7,000 ) vs May 2014
  • Foreclosures 631
    Homes for Sale 340
    Recently Sold 411

Market Summary

There are currently 631 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 340.

In June, the number of properties that received a foreclosure filing in Schaumburg, IL was 30% lower than the previous month and 47% lower than the same time last year.

Home sales for May 2015 were up 113% compared with the previous month, and down 33% compared with a year ago. The median sales price of a non-distressed home was $182,000. The median sales price of a foreclosure home was $127,000, or 30% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$127,000 (Median Foreclosure 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) $182,000 (Median 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) $127,000 (Median Foreclosure 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) $182,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Palatine
93
19.8
% (y-o-y)
$250,000
13.6
% (y-o-y)
51.8%
44.2
% (y-o-y)
Arlington Heights
87
41.6
% (y-o-y)
$315,500
19.1
% (y-o-y)
32.5%
47.2
% (y-o-y)
Mount Prospect
67
15.2
% (y-o-y)
$247,500
1.0
% (y-o-y)
12.1%
30.6
% (y-o-y)
Bartlett
46
22.0
% (y-o-y)
$214,000
9.7
% (y-o-y)
Data not available
Glendale Heights
45
0.0
% (y-o-y)
$156,000
1.0
% (y-o-y)
9.3%
33.3
% (y-o-y)
Hanover Park
43
2.3
% (y-o-y)
$150,750
3.4
% (y-o-y)
39.3%
34.3
% (y-o-y)
Carol Stream
42
6.7
% (y-o-y)
$186,750
4.6
% (y-o-y)
9.2%
17.4
% (y-o-y)
Streamwood
41
33.9
% (y-o-y)
$160,000
10.0
% (y-o-y)
32.8%
15.5
% (y-o-y)
Elk Grove Village
29
31.0
% (y-o-y)
$223,000
1.7
% (y-o-y)
43.3%
22.5
% (y-o-y)
Addison
28
33.3
% (y-o-y)
$184,500
8.5
% (y-o-y)
10.8%
8.8
% (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: 5.00%
Percentage of vacant homes: 6.69%