Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $246,000
    2% ( $3,900 ) vs Sep 2013
  • Median Sales Price
    $205,000
    0% ( $0 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $157,500
    1% ( $1,500 ) vs Sep 2013
  • Foreclosures 830
    Homes for Sale 117
    Recently Sold 1,370

Market Summary

There are currently 830 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 117.

In October, the number of properties that received a foreclosure filing in Schaumburg, IL was 10% higher than the previous month and 30% lower than the same time last year.

Home sales for September 2014 were up 43% compared with the previous month, and up 30% 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 $157,500, or 23% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$157,500 (Median Foreclosure Sales Price) $156,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $135,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $219,000 (Median Sales Price) $211,250 (Median Sales Price) $210,000 (Median Sales Price) $200,000 (Median Sales Price) $157,500 (Median Foreclosure Sales Price) $156,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $135,250 (Median Foreclosure Sales Price) $136,000 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $219,000 (Median Sales Price) $211,250 (Median Sales Price) $210,000 (Median Sales Price) $200,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Arlington Heights
144
2.0
% (y-o-y)
$294,000
1.4
% (y-o-y)
72.7%
52.7
% (y-o-y)
Palatine
141
13.5
% (y-o-y)
$250,000
0.2
% (y-o-y)
64.0%
68.5
% (y-o-y)
Streamwood
80
5.9
% (y-o-y)
$160,000
1.3
% (y-o-y)
30.0%
27.2
% (y-o-y)
Mount Prospect
76
17.4
% (y-o-y)
$262,250
8.8
% (y-o-y)
46.6%
37.6
% (y-o-y)
Bartlett
73
9.0
% (y-o-y)
$240,000
0.0
% (y-o-y)
6.5%
29.2
% (y-o-y)
Hanover Park
62
20.5
% (y-o-y)
$147,500
4.8
% (y-o-y)
12.4%
31.5
% (y-o-y)
Addison
61
4.7
% (y-o-y)
$193,500
14.2
% (y-o-y)
8.1%
25.6
% (y-o-y)
Elk Grove Village
60
20.0
% (y-o-y)
$208,000
3.3
% (y-o-y)
40.5%
30.2
% (y-o-y)
Carol Stream
57
14.9
% (y-o-y)
$213,750
18.8
% (y-o-y)
36.1%
28.3
% (y-o-y)
Glendale Heights
56
15.2
% (y-o-y)
$167,000
38.6
% (y-o-y)
24.0%
5.0
% (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: 4.60%
Percentage of vacant homes: 6.69%