Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $289,900
    3% ( $9,100 ) vs Oct 2013
  • Median Sales Price
    $275,000
    0% ( $500 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $201,000
    0% ( $500 ) vs Oct 2013
  • Foreclosures 353
    Homes for Sale 54
    Recently Sold 762

Market Summary

There are currently 353 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 54.

In November, the number of properties that received a foreclosure filing in Skokie, IL was 58% lower than the previous month and 63% lower than the same time last year.

Home sales for October 2014 were up 23% compared with the previous month, and up 48% 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 $201,000, or 27% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$201,000 (Median Foreclosure Sales Price) $200,500 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $178,000 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $275,000 (Median Sales Price) $275,500 (Median Sales Price) $249,000 (Median Sales Price) $241,000 (Median Sales Price) $232,500 (Median Sales Price) $243,500 (Median Sales Price) $201,000 (Median Foreclosure Sales Price) $200,500 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $178,000 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $275,000 (Median Sales Price) $275,500 (Median Sales Price) $249,000 (Median Sales Price) $241,000 (Median Sales Price) $232,500 (Median Sales Price) $243,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,435
20.1
% (y-o-y)
$280,000
5.7
% (y-o-y)
62.5%
65.7
% (y-o-y)
Evanston
159
55.9
% (y-o-y)
$354,500
10.8
% (y-o-y)
43.0%
46.9
% (y-o-y)
Des Plaines
153
9.3
% (y-o-y)
$190,000
15.2
% (y-o-y)
37.1%
38.8
% (y-o-y)
Glenview
91
33.8
% (y-o-y)
$350,000
10.9
% (y-o-y)
Data not available
Park Ridge
90
25.0
% (y-o-y)
$345,000
6.2
% (y-o-y)
8.0%
22.2
% (y-o-y)
Northbrook
82
15.5
% (y-o-y)
$440,000
3.3
% (y-o-y)
15.9%
39.6
% (y-o-y)
Winnetka
74
124.2
% (y-o-y)
$937,500
17.2
% (y-o-y)
Data not available
Elmwood Park
70
11.1
% (y-o-y)
$194,000
14.1
% (y-o-y)
21.6%
29.4
% (y-o-y)
Morton Grove
57
72.7
% (y-o-y)
$242,500
4.9
% (y-o-y)
Data not available
Wilmette
52
23.8
% (y-o-y)
$640,750
15.7
% (y-o-y)
Data not available

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: 5.20%
Percentage of vacant homes: 7.21%