Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $319,450
    7% ( $19,550 ) vs Feb 2015
  • Median Sales Price
    $295,000
    10% ( $28,000 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $204,750
    0% ( $250 ) vs Feb 2015
  • Foreclosures 254
    Homes for Sale 98
    Recently Sold 620

Market Summary

There are currently 254 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 98.

In March, the number of properties that received a foreclosure filing in Skokie, IL was 28% lower than the previous month and 66% lower than the same time last year.

Home sales for February 2016 were up 64% compared with the previous month, and up 28% compared with a year ago. The median sales price of a non-distressed home was $295,000. The median sales price of a foreclosure home was $204,750, or 31% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$204,750 (Median Foreclosure Sales Price) $204,500 (Median Foreclosure Sales Price) $175,250 (Median Foreclosure Sales Price) $186,288 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $198,000 (Median Foreclosure Sales Price) $295,000 (Median Sales Price) $267,000 (Median Sales Price) $260,000 (Median Sales Price) $245,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $204,750 (Median Foreclosure Sales Price) $204,500 (Median Foreclosure Sales Price) $175,250 (Median Foreclosure Sales Price) $186,288 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $198,000 (Median Foreclosure Sales Price) $295,000 (Median Sales Price) $267,000 (Median Sales Price) $260,000 (Median Sales Price) $245,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,661
48.5
% (y-o-y)
$245,000
0.0
% (y-o-y)
59.6%
60.8
% (y-o-y)
Des Plaines
102
54.5
% (y-o-y)
$162,500
9.7
% (y-o-y)
44.0%
4.2
% (y-o-y)
Evanston
59
59.5
% (y-o-y)
$322,250
7.4
% (y-o-y)
56.2%
61.7
% (y-o-y)
Elmwood Park
42
13.5
% (y-o-y)
$215,000
22.9
% (y-o-y)
26.9%
14.6
% (y-o-y)
Park Ridge
42
40.0
% (y-o-y)
$353,500
3.2
% (y-o-y)
Data not available
Northbrook
40
0.0
% (y-o-y)
$477,500
17.9
% (y-o-y)
50.6%
7.5
% (y-o-y)
Glenview
33
32.0
% (y-o-y)
$351,000
6.4
% (y-o-y)
24.3%
41.6
% (y-o-y)
Harwood Heights
30
200.0
% (y-o-y)
$245,000
0.7
% (y-o-y)
10.2%
20.0
% (y-o-y)
Wilmette
28
64.7
% (y-o-y)
$640,000
21.0
% (y-o-y)
40.6%
0.0
% (y-o-y)
Winnetka
27
35.0
% (y-o-y)
$930,000
32.9
% (y-o-y)
40.9%
0.0
% (y-o-y)

Local Info For Skokie

Population:
63,824
Cost of Living Index: 122.61
Crime Index: 62.90     Rating: B+ 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%

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