Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $249,950
    0% ( $50 ) vs Aug 2013
  • Median Sales Price
    $205,000
    6% ( $14,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $156,000
    4% ( $6,000 ) vs Aug 2013
  • Foreclosures 859
    Homes for Sale 299
    Recently Sold 1,277

Market Summary

There are currently 859 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 299.

In September, the number of properties that received a foreclosure filing in Schaumburg, IL was 0% higher than the previous month and 13% lower than the same time last year.

Home sales for August 2014 were up 40% compared with the previous month, and down 29% 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 $156,000, or 24% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$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) $147,500 (Median Foreclosure 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) $170,000 (Median 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) $147,500 (Median Foreclosure 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) $170,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Arlington Heights
109
47.3
% (y-o-y)
$308,500
6.4
% (y-o-y)
61.4%
52.6
% (y-o-y)
Palatine
91
47.7
% (y-o-y)
$253,500
1.4
% (y-o-y)
58.8%
68.2
% (y-o-y)
Mount Prospect
64
40.7
% (y-o-y)
$258,750
5.0
% (y-o-y)
56.1%
43.2
% (y-o-y)
Libertyville
62
20.5
% (y-o-y)
$432,500
0.6
% (y-o-y)
21.4%
26.0
% (y-o-y)
Bartlett
61
39.0
% (y-o-y)
$245,000
3.2
% (y-o-y)
8.2%
33.7
% (y-o-y)
Streamwood
56
46.7
% (y-o-y)
$159,000
2.6
% (y-o-y)
24.4%
31.0
% (y-o-y)
Carol Stream
46
28.1
% (y-o-y)
$220,000
24.6
% (y-o-y)
38.0%
26.6
% (y-o-y)
Glendale Heights
44
33.3
% (y-o-y)
$162,500
27.5
% (y-o-y)
18.8%
12.5
% (y-o-y)
Hoffman Estates
41
44.6
% (y-o-y)
$204,000
13.3
% (y-o-y)
33.8%
38.5
% (y-o-y)
Addison
41
28.1
% (y-o-y)
$200,275
10.3
% (y-o-y)
15.1%
24.5
% (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: 4.80%
Percentage of vacant homes: 6.69%