Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $339,000
    3% ( $9,100 ) vs May 2015
  • Median Sales Price
    $305,000
    3% ( $8,500 ) vs May 2015
  • Median Foreclosure Sales Price
    $222,250
    8% ( $17,250 ) vs May 2015
  • Foreclosures 244
    Homes for Sale 83
    Recently Sold 326

Market Summary

There are currently 244 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 83.

In June, the number of properties that received a foreclosure filing in Skokie, IL was 116% higher than the previous month and 52% higher than the same time last year.

Home sales for May 2016 were down 53% compared with the previous month, and down 68% compared with a year ago. The median sales price of a non-distressed home was $305,000. The median sales price of a foreclosure home was $222,250, or 27% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$222,250 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $204,750 (Median Foreclosure Sales Price) $204,750 (Median Foreclosure Sales Price) $204,500 (Median Foreclosure Sales Price) $175,250 (Median Foreclosure Sales Price) $305,000 (Median Sales Price) $296,500 (Median Sales Price) $284,000 (Median Sales Price) $295,000 (Median Sales Price) $267,000 (Median Sales Price) $258,500 (Median Sales Price) $222,250 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $204,750 (Median Foreclosure Sales Price) $204,750 (Median Foreclosure Sales Price) $204,500 (Median Foreclosure Sales Price) $175,250 (Median Foreclosure Sales Price) $305,000 (Median Sales Price) $296,500 (Median Sales Price) $284,000 (Median Sales Price) $295,000 (Median Sales Price) $267,000 (Median Sales Price) $258,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
789
69.6
% (y-o-y)
$258,000
6.7
% (y-o-y)
69.2%
60.9
% (y-o-y)
Des Plaines
30
65.9
% (y-o-y)
$195,000
14.0
% (y-o-y)
16.2%
22.2
% (y-o-y)
Evanston
18
78.6
% (y-o-y)
$305,000
3.2
% (y-o-y)
38.0%
54.7
% (y-o-y)
Northbrook
17
71.7
% (y-o-y)
$400,000
8.0
% (y-o-y)
Data not available
Elmwood Park
11
77.1
% (y-o-y)
$238,000
7.0
% (y-o-y)
42.9%
29.7
% (y-o-y)
Glenview
10
79.2
% (y-o-y)
$380,000
9.3
% (y-o-y)
28.9%
52.1
% (y-o-y)
Park Ridge
10
73.7
% (y-o-y)
$395,000
8.2
% (y-o-y)
10.8%
27.4
% (y-o-y)
Morton Grove
10
71.4
% (y-o-y)
$270,000
8.0
% (y-o-y)
76.4%
16.0
% (y-o-y)
Niles
5
83.3
% (y-o-y)
$277,000
19.9
% (y-o-y)
Data not available
Winnetka
4
87.5
% (y-o-y)
$959,000
4.5
% (y-o-y)
Data not available

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: 4.70%
Percentage of vacant homes: 7.21%

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