Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $224,950
    7% ( $14,950 ) vs Feb 2013
  • Median Sales Price
    $170,000
    10% ( $18,000 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $166,750
    6% ( $8,750 ) vs Feb 2013
  • Foreclosures 1,057
    Homes for Sale 207
    Recently Sold 1,483

Market Summary

There are currently 1,057 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 207.

In March, the number of properties that received a foreclosure filing in Schaumburg, IL was 23% lower than the previous month and 48% lower than the same time last year.

Home sales for February 2014 were down 14% compared with the previous month, and down 6% compared with a year ago. The median sales price of a non-distressed home was $170,000. The median sales price of a foreclosure home was $166,750, or 2% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$166,750 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $124,000 (Median Foreclosure Sales Price) $119,000 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $188,000 (Median Sales Price) $200,000 (Median Sales Price) $211,500 (Median Sales Price) $215,000 (Median Sales Price) $220,000 (Median Sales Price) $166,750 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $124,000 (Median Foreclosure Sales Price) $119,000 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $188,000 (Median Sales Price) $200,000 (Median Sales Price) $211,500 (Median Sales Price) $215,000 (Median Sales Price) $220,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Arlington Heights
88
15.8
% (y-o-y)
$262,000
33.0
% (y-o-y)
35.1%
13.7
% (y-o-y)
Palatine
69
21.6
% (y-o-y)
$222,000
6.3
% (y-o-y)
60.6%
71.3
% (y-o-y)
Mount Prospect
51
18.6
% (y-o-y)
$250,000
19.0
% (y-o-y)
31.4%
59.5
% (y-o-y)
Streamwood
46
13.2
% (y-o-y)
$134,000
10.6
% (y-o-y)
19.4%
31.5
% (y-o-y)
Hanover Park
42
10.5
% (y-o-y)
$131,250
4.2
% (y-o-y)
31.6%
27.0
% (y-o-y)
Glendale Heights
41
21.2
% (y-o-y)
$152,000
40.7
% (y-o-y)
10.9%
13.2
% (y-o-y)
Elk Grove Village
35
0.0
% (y-o-y)
$190,000
16.9
% (y-o-y)
21.8%
40.9
% (y-o-y)
Addison
32
27.3
% (y-o-y)
$188,500
8.0
% (y-o-y)
23.5%
25.7
% (y-o-y)
Carol Stream
32
13.5
% (y-o-y)
$162,750
4.3
% (y-o-y)
11.8%
22.9
% (y-o-y)
Wheeling
30
9.1
% (y-o-y)
$134,500
31.5
% (y-o-y)
3.3%
16.9
% (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: 6.10%
Percentage of vacant homes: 6.69%