Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $299,000
    5% ( $14,000 ) vs May 2014
  • Median Sales Price
    $266,250
    18% ( $40,250 ) vs May 2014
  • Median Foreclosure Sales Price
    $200,000
    3% ( $6,500 ) vs May 2014
  • Foreclosures 274
    Homes for Sale 125
    Recently Sold 251

Market Summary

There are currently 274 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 125.

In June, the number of properties that received a foreclosure filing in Skokie, IL was 29% lower than the previous month and 31% lower than the same time last year.

Home sales for May 2015 were up 206% compared with the previous month, and down 32% compared with a year ago. The median sales price of a non-distressed home was $266,250. The median sales price of a foreclosure home was $200,000, or 25% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$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) $179,000 (Median Foreclosure 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) $272,750 (Median 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) $179,000 (Median Foreclosure 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) $272,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,379
34.8
% (y-o-y)
$276,500
0.5
% (y-o-y)
60.9%
65.8
% (y-o-y)
Des Plaines
80
33.3
% (y-o-y)
$171,000
8.9
% (y-o-y)
22.2%
39.2
% (y-o-y)
Evanston
72
50.7
% (y-o-y)
$315,000
0.0
% (y-o-y)
54.7%
28.6
% (y-o-y)
Northbrook
52
8.8
% (y-o-y)
$435,000
25.7
% (y-o-y)
33.6%
19.1
% (y-o-y)
Elmwood Park
45
2.2
% (y-o-y)
$222,500
18.4
% (y-o-y)
29.7%
46.3
% (y-o-y)
Glenview
40
27.3
% (y-o-y)
$418,750
2.4
% (y-o-y)
52.1%
42.4
% (y-o-y)
Park Ridge
35
41.7
% (y-o-y)
$365,000
1.4
% (y-o-y)
27.4%
7.2
% (y-o-y)
Morton Grove
31
8.8
% (y-o-y)
$250,000
13.6
% (y-o-y)
16.0%
11.4
% (y-o-y)
Wilmette
28
42.9
% (y-o-y)
$545,000
10.7
% (y-o-y)
Data not available
Winnetka
28
15.2
% (y-o-y)
$917,500
14.0
% (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: 5.10%
Percentage of vacant homes: 7.21%