Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,450
    0% ( $0 ) vs May 2013
  • Median Sales Price
    $210,000
    5% ( $10,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $135,250
    1% ( $750 ) vs May 2013
  • Foreclosures 963
    Homes for Sale 295
    Recently Sold 1,228

Market Summary

There are currently 963 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 295.

In June, the number of properties that received a foreclosure filing in Schaumburg, IL was 12% higher than the previous month and 39% lower than the same time last year.

Home sales for May 2014 were down 1% compared with the previous month, and down 13% compared with a year ago. The median sales price of a non-distressed home was $210,000. The median sales price of a foreclosure home was $135,250, or 36% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$135,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $147,500 (Median Foreclosure Sales Price) $166,750 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $210,000 (Median Sales Price) $200,000 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (Median Sales Price) $189,000 (Median Sales Price) $200,000 (Median Sales Price) $135,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $147,500 (Median Foreclosure Sales Price) $166,750 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $210,000 (Median Sales Price) $200,000 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (Median Sales Price) $189,000 (Median Sales Price) $200,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Arlington Heights
149
25.2
% (y-o-y)
$265,000
10.4
% (y-o-y)
47.2%
66.3
% (y-o-y)
Palatine
116
15.3
% (y-o-y)
$220,000
2.3
% (y-o-y)
44.2%
64.9
% (y-o-y)
Mount Prospect
79
0.0
% (y-o-y)
$245,000
14.0
% (y-o-y)
30.6%
20.9
% (y-o-y)
Streamwood
62
26.2
% (y-o-y)
$147,000
8.1
% (y-o-y)
16.3%
11.8
% (y-o-y)
Bartlett
59
15.7
% (y-o-y)
$237,000
19.1
% (y-o-y)
15.4%
9.0
% (y-o-y)
Carol Stream
45
9.8
% (y-o-y)
$178,500
1.1
% (y-o-y)
17.4%
19.9
% (y-o-y)
Glendale Heights
45
25.0
% (y-o-y)
$157,500
12.5
% (y-o-y)
33.3%
31.8
% (y-o-y)
Hanover Park
44
21.4
% (y-o-y)
$156,000
35.7
% (y-o-y)
36.9%
13.5
% (y-o-y)
Elk Grove Village
42
12.5
% (y-o-y)
$219,500
18.6
% (y-o-y)
22.6%
42.7
% (y-o-y)
Wheeling
41
32.8
% (y-o-y)
$130,000
0.0
% (y-o-y)
26.9%
34.6
% (y-o-y)

Local Info For Schaumburg

Population:
73,333
Cost of Living Index: 115.29
Crime Index: 39.37     Rating: A- View crime details
Schools: 13    Average School Rating: A- View individual school rating
Household Median Income: $66,741
Unemployment: 5.50%
Percentage of vacant homes: 6.69%