Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $255,000
    8% ( $19,050 ) vs Mar 2014
  • Median Sales Price
    $187,500
    4% ( $8,250 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $120,000
    1% ( $750 ) vs Mar 2014
  • Foreclosures 676
    Homes for Sale 293
    Recently Sold 748

Market Summary

There are currently 676 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 293.

In April, the number of properties that received a foreclosure filing in Schaumburg, IL was 47% lower than the previous month and 6% lower than the same time last year.

Home sales for March 2015 were down 59% compared with the previous month, and down 68% compared with a year ago. The median sales price of a non-distressed home was $187,500. The median sales price of a foreclosure home was $120,000, or 36% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$120,000 (Median Foreclosure 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) $187,500 (Median 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) $120,000 (Median Foreclosure 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) $187,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Streamwood
38
2.7
% (y-o-y)
$145,500
16.4
% (y-o-y)
19.2%
19.8
% (y-o-y)
Palatine
35
55.7
% (y-o-y)
$180,000
12.7
% (y-o-y)
58.3%
61.0
% (y-o-y)
Hanover Park
35
22.2
% (y-o-y)
$158,250
21.7
% (y-o-y)
30.6%
30.0
% (y-o-y)
Arlington Heights
34
53.4
% (y-o-y)
$275,000
8.5
% (y-o-y)
26.2%
39.4
% (y-o-y)
Glendale Heights
23
56.6
% (y-o-y)
$150,000
3.2
% (y-o-y)
10.0%
25.2
% (y-o-y)
Bartlett
22
48.8
% (y-o-y)
$215,000
0.2
% (y-o-y)
10.0%
19.3
% (y-o-y)
Mount Prospect
21
61.8
% (y-o-y)
$237,500
3.1
% (y-o-y)
26.7%
44.3
% (y-o-y)
Wheeling
21
50.0
% (y-o-y)
$152,250
41.6
% (y-o-y)
17.9%
20.9
% (y-o-y)
Carol Stream
20
56.5
% (y-o-y)
$162,100
7.4
% (y-o-y)
Data not available
Addison
20
42.9
% (y-o-y)
$182,250
1.3
% (y-o-y)
12.5%
15.0
% (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: 4.90%
Percentage of vacant homes: 6.69%