Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $313,000
    1% ( $2,491 ) vs Jul 2013
  • Median Sales Price
    $241,000
    4% ( $8,500 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $190,000
    7% ( $12,000 ) vs Jul 2013
  • Foreclosures 388
    Homes for Sale 95
    Recently Sold 715

Market Summary

There are currently 388 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 95.

In August, the number of properties that received a foreclosure filing in Skokie, IL was 12% higher than the previous month and 0% higher than the same time last year.

Home sales for July 2014 were down 16% compared with the previous month, and down 56% compared with a year ago. The median sales price of a non-distressed home was $241,000. The median sales price of a foreclosure home was $190,000, or 21% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$190,000 (Median Foreclosure Sales Price) $178,000 (Median Foreclosure 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) $241,000 (Median Sales Price) $232,500 (Median Sales Price) $243,500 (Median Sales Price) $226,000 (Median Sales Price) $225,000 (Median Sales Price) $226,750 (Median Sales Price) $190,000 (Median Foreclosure Sales Price) $178,000 (Median Foreclosure 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) $241,000 (Median Sales Price) $232,500 (Median Sales Price) $243,500 (Median Sales Price) $226,000 (Median Sales Price) $225,000 (Median Sales Price) $226,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,412
56.8
% (y-o-y)
$290,000
5.5
% (y-o-y)
67.2%
69.8
% (y-o-y)
Des Plaines
70
62.2
% (y-o-y)
$177,500
7.6
% (y-o-y)
12.7%
29.8
% (y-o-y)
Evanston
68
59.8
% (y-o-y)
$326,000
10.7
% (y-o-y)
52.1%
65.5
% (y-o-y)
Park Ridge
53
53.9
% (y-o-y)
$335,000
1.5
% (y-o-y)
Data not available
Elmwood Park
40
60.8
% (y-o-y)
$198,000
21.1
% (y-o-y)
43.7%
26.6
% (y-o-y)
Northbrook
39
62.1
% (y-o-y)
$420,000
5.0
% (y-o-y)
48.0%
28.8
% (y-o-y)
Glenview
37
70.6
% (y-o-y)
$429,500
5.5
% (y-o-y)
36.0%
39.8
% (y-o-y)
Morton Grove
33
49.2
% (y-o-y)
$275,000
11.1
% (y-o-y)
20.2%
12.8
% (y-o-y)
Wilmette
30
69.1
% (y-o-y)
$625,000
4.1
% (y-o-y)
Data not available
Niles
26
55.2
% (y-o-y)
$220,000
5.0
% (y-o-y)
23.9%
12.6
% (y-o-y)

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: 5.50%
Percentage of vacant homes: 7.21%