Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $303,000
    4% ( $12,000 ) vs May 2013
  • Median Sales Price
    $243,500
    8% ( $17,500 ) vs May 2013
  • Median Foreclosure Sales Price
    $170,000
    0% ( $0 ) vs May 2013
  • Foreclosures 393
    Homes for Sale 108
    Recently Sold 782

Market Summary

There are currently 393 properties in Skokie, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 108.

In June, the number of properties that received a foreclosure filing in Skokie, IL was 30% higher than the previous month and 38% lower than the same time last year.

Home sales for May 2014 were down 22% compared with the previous month, and up 31% compared with a year ago. The median sales price of a non-distressed home was $243,500. The median sales price of a foreclosure home was $170,000, or 30% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$170,000 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $181,500 (Median Foreclosure Sales Price) $201,500 (Median Foreclosure Sales Price) $198,000 (Median Foreclosure Sales Price) $201,500 (Median Foreclosure Sales Price) $243,500 (Median Sales Price) $226,000 (Median Sales Price) $225,000 (Median Sales Price) $226,750 (Median Sales Price) $234,000 (Median Sales Price) $235,000 (Median Sales Price) $170,000 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $181,500 (Median Foreclosure Sales Price) $201,500 (Median Foreclosure Sales Price) $198,000 (Median Foreclosure Sales Price) $201,500 (Median Foreclosure Sales Price) $243,500 (Median Sales Price) $226,000 (Median Sales Price) $225,000 (Median Sales Price) $226,750 (Median Sales Price) $234,000 (Median Sales Price) $235,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,647
16.7
% (y-o-y)
$277,000
13.5
% (y-o-y)
65.7%
68.0
% (y-o-y)
Evanston
146
15.0
% (y-o-y)
$315,000
4.5
% (y-o-y)
28.6%
67.7
% (y-o-y)
Des Plaines
120
9.1
% (y-o-y)
$158,750
8.0
% (y-o-y)
39.8%
12.4
% (y-o-y)
Park Ridge
60
1.6
% (y-o-y)
$370,000
15.4
% (y-o-y)
7.2%
25.9
% (y-o-y)
Northbrook
57
23.0
% (y-o-y)
$346,000
3.9
% (y-o-y)
19.1%
35.0
% (y-o-y)
Glenview
55
27.6
% (y-o-y)
$429,000
30.8
% (y-o-y)
42.4%
36.7
% (y-o-y)
Wilmette
49
16.7
% (y-o-y)
$610,000
23.2
% (y-o-y)
32.7%
29.5
% (y-o-y)
Elmwood Park
46
39.5
% (y-o-y)
$188,000
24.7
% (y-o-y)
46.3%
18.1
% (y-o-y)
Niles
35
30.0
% (y-o-y)
$220,000
21.7
% (y-o-y)
20.5%
1.2
% (y-o-y)
Morton Grove
34
6.3
% (y-o-y)
$220,000
6.3
% (y-o-y)
Data not available

Local Info For Skokie

Population:
63,824
Cost of Living Index: 122.61
Crime Index: 47.71     Rating: A- View crime details
Schools: 12    Average School Rating: B+ View individual school rating
Household Median Income: $66,655
Unemployment: 6.20%
Percentage of vacant homes: 7.21%