Schaumburg Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $180,200
    13% ( $25,800 ) vs Jan 2014
  • Median Sales Price
    $196,750
    1% ( $1,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $123,000
    16% ( $24,000 ) vs Jan 2014
  • Foreclosures 742
    Homes for Sale 257
    Recently Sold 955

Market Summary

There are currently 742 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 257.

In February, the number of properties that received a foreclosure filing in Schaumburg, IL was 53% lower than the previous month and 39% lower than the same time last year.

Home sales for January 2015 were up 14% compared with the previous month, and up 18% compared with a year ago. The median sales price of a non-distressed home was $196,750. The median sales price of a foreclosure home was $123,000, or 37% lower than non-distressed home sales.

Sales Prices - Schaumburg, IL




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$123,000 (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) $156,000 (Median Foreclosure 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) $205,000 (Median Sales Price) $123,000 (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) $156,000 (Median Foreclosure 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) $205,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Palatine
96
16.5
% (y-o-y)
$220,000
0.5
% (y-o-y)
55.5%
56.0
% (y-o-y)
Arlington Heights
82
12.8
% (y-o-y)
$255,000
1.9
% (y-o-y)
46.0%
23.5
% (y-o-y)
Streamwood
61
19.6
% (y-o-y)
$150,000
7.1
% (y-o-y)
26.7%
19.3
% (y-o-y)
Mount Prospect
60
13.2
% (y-o-y)
$262,500
7.6
% (y-o-y)
52.4%
36.5
% (y-o-y)
Wheeling
45
2.2
% (y-o-y)
$146,250
4.5
% (y-o-y)
20.5%
10.7
% (y-o-y)
Glendale Heights
32
13.5
% (y-o-y)
$149,500
2.1
% (y-o-y)
54.0%
16.5
% (y-o-y)
Hanover Park
31
38.0
% (y-o-y)
$155,000
23.5
% (y-o-y)
27.1%
27.3
% (y-o-y)
Hoffman Estates
28
34.9
% (y-o-y)
$161,000
8.0
% (y-o-y)
2.2%
17.4
% (y-o-y)
Bartlett
27
15.6
% (y-o-y)
$215,000
1.8
% (y-o-y)
19.3%
6.4
% (y-o-y)
Carol Stream
26
46.9
% (y-o-y)
$213,000
22.8
% (y-o-y)
31.9%
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: 4.20%
Percentage of vacant homes: 6.69%