Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,950
    30% ( $53,850 ) vs Feb 2014
  • Median Sales Price
    $195,750
    1% ( $1,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $120,750
    3% ( $4,250 ) vs Feb 2014
  • Foreclosures 705
    Homes for Sale 279
    Recently Sold 904

Market Summary

There are currently 705 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 279.

In March, the number of properties that received a foreclosure filing in Schaumburg, IL was 203% higher than the previous month and 138% higher than the same time last year.

Home sales for February 2015 were down 43% compared with the previous month, and down 22% compared with a year ago. The median sales price of a non-distressed home was $195,750. The median sales price of a foreclosure home was $120,750, or 38% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$120,750 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $157,500 (Median Foreclosure Sales Price) $195,750 (Median Sales Price) $196,750 (Median Sales Price) $195,750 (Median Sales Price) $200,000 (Median Sales Price) $198,000 (Median Sales Price) $205,000 (Median Sales Price) $120,750 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $157,500 (Median Foreclosure Sales Price) $195,750 (Median Sales Price) $196,750 (Median Sales Price) $195,750 (Median Sales Price) $200,000 (Median Sales Price) $198,000 (Median Sales Price) $205,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Palatine
69
0.0
% (y-o-y)
$212,000
4.5
% (y-o-y)
64.6%
59.0
% (y-o-y)
Arlington Heights
60
31.8
% (y-o-y)
$258,750
0.9
% (y-o-y)
33.5%
34.9
% (y-o-y)
Streamwood
41
12.8
% (y-o-y)
$152,000
13.4
% (y-o-y)
23.7%
19.4
% (y-o-y)
Mount Prospect
34
33.3
% (y-o-y)
$251,000
0.4
% (y-o-y)
35.3%
31.4
% (y-o-y)
Hanover Park
32
23.8
% (y-o-y)
$166,000
26.5
% (y-o-y)
26.5%
31.6
% (y-o-y)
Bartlett
27
3.8
% (y-o-y)
$215,000
3.6
% (y-o-y)
16.3%
10.8
% (y-o-y)
Wheeling
27
10.0
% (y-o-y)
$151,250
12.5
% (y-o-y)
23.0%
3.3
% (y-o-y)
Carol Stream
26
23.5
% (y-o-y)
$194,500
17.2
% (y-o-y)
Data not available
Elk Grove Village
23
34.3
% (y-o-y)
$207,500
9.2
% (y-o-y)
14.5%
21.8
% (y-o-y)
Glendale Heights
22
46.3
% (y-o-y)
$153,500
1.0
% (y-o-y)
40.6%
10.9
% (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%