Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $299,900
    4% ( $12,100 ) vs Aug 2013
  • Median Sales Price
    $249,000
    3% ( $8,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $190,500
    0% ( $500 ) vs Aug 2013
  • Foreclosures 384
    Homes for Sale 109
    Recently Sold 730

Market Summary

There are currently 384 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 109.

In September, the number of properties that received a foreclosure filing in Skokie, IL was 0% higher than the previous month and 10% lower than the same time last year.

Home sales for August 2014 were up 46% compared with the previous month, and down 37% compared with a year ago. The median sales price of a non-distressed home was $249,000. The median sales price of a foreclosure home was $190,500, or 23% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$190,500 (Median Foreclosure 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) $249,000 (Median 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) $190,500 (Median Foreclosure 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) $249,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,064
40.0
% (y-o-y)
$292,500
5.6
% (y-o-y)
66.2%
68.6
% (y-o-y)
Evanston
120
24.5
% (y-o-y)
$340,000
1.4
% (y-o-y)
51.8%
58.7
% (y-o-y)
Des Plaines
94
49.7
% (y-o-y)
$180,500
6.8
% (y-o-y)
11.4%
33.1
% (y-o-y)
Northbrook
61
29.9
% (y-o-y)
$436,000
2.6
% (y-o-y)
51.0%
34.7
% (y-o-y)
Glenview
59
35.9
% (y-o-y)
$384,500
7.7
% (y-o-y)
7.7%
49.6
% (y-o-y)
Wilmette
44
38.9
% (y-o-y)
$660,000
7.3
% (y-o-y)
Data not available
Elmwood Park
42
46.2
% (y-o-y)
$211,250
25.4
% (y-o-y)
37.5%
31.2
% (y-o-y)
Park Ridge
41
54.4
% (y-o-y)
$339,500
2.9
% (y-o-y)
Data not available
Winnetka
38
47.2
% (y-o-y)
$742,000
9.0
% (y-o-y)
Data not available
Niles
36
35.7
% (y-o-y)
$249,000
10.7
% (y-o-y)
36.5%
43.1
% (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: 5.20%
Percentage of vacant homes: 7.21%