Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $299,900
    0% ( $900 ) vs Jun 2014
  • Median Sales Price
    $275,000
    3% ( $8,750 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $200,000
    0% ( $0 ) vs Jun 2014
  • Foreclosures 268
    Homes for Sale 121
    Recently Sold 166

Market Summary

There are currently 268 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 121.

In July, the number of properties that received a foreclosure filing in Skokie, IL was 63% higher than the previous month and 38% higher than the same time last year.

Home sales for June 2015 were down 48% compared with the previous month, and down 54% compared with a year ago. The median sales price of a non-distressed home was $275,000. The median sales price of a foreclosure home was $200,000, or 27% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$200,000 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $193,500 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $202,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $275,000 (Median Sales Price) $266,250 (Median Sales Price) $226,000 (Median Sales Price) $245,500 (Median Sales Price) $256,000 (Median Sales Price) $272,500 (Median Sales Price) $200,000 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $193,500 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $202,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $275,000 (Median Sales Price) $266,250 (Median Sales Price) $226,000 (Median Sales Price) $245,500 (Median Sales Price) $256,000 (Median Sales Price) $272,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,938
24.3
% (y-o-y)
$290,500
0.2
% (y-o-y)
62.5%
66.9
% (y-o-y)
Des Plaines
64
37.9
% (y-o-y)
$180,000
9.1
% (y-o-y)
31.0%
29.1
% (y-o-y)
Evanston
38
52.5
% (y-o-y)
$315,000
2.6
% (y-o-y)
41.0%
29.7
% (y-o-y)
Elmwood Park
37
0.0
% (y-o-y)
$225,000
6.5
% (y-o-y)
36.1%
47.2
% (y-o-y)
Northbrook
36
40.0
% (y-o-y)
$435,000
13.0
% (y-o-y)
35.9%
32.5
% (y-o-y)
Glenview
31
44.6
% (y-o-y)
$450,000
3.4
% (y-o-y)
44.3%
46.9
% (y-o-y)
Park Ridge
27
32.5
% (y-o-y)
$365,000
4.3
% (y-o-y)
Data not available
Morton Grove
23
0.0
% (y-o-y)
$251,500
3.7
% (y-o-y)
16.5%
9.3
% (y-o-y)
Niles
21
32.3
% (y-o-y)
$230,000
6.0
% (y-o-y)
15.2%
35.3
% (y-o-y)
Wilmette
18
51.4
% (y-o-y)
$561,000
15.9
% (y-o-y)
3.3%
0.7
% (y-o-y)

Local Info For Skokie

Population:
63,824
Cost of Living Index: 122.61
Crime Index: 47.33     Rating: A- View crime details
Schools: 12    Average School Rating: B+ View individual school rating
Household Median Income: $66,655
Unemployment: 5.30%
Percentage of vacant homes: 7.21%