Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $262,450
    3% ( $7,050 ) vs Feb 2014
  • Median Sales Price
    $256,000
    6% ( $16,500 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $202,500
    7% ( $12,500 ) vs Feb 2014
  • Foreclosures 296
    Homes for Sale 101
    Recently Sold 509

Market Summary

There are currently 296 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 101.

In March, the number of properties that received a foreclosure filing in Skokie, IL was 177% higher than the previous month and 79% higher than the same time last year.

Home sales for February 2015 were down 29% compared with the previous month, and down 18% compared with a year ago. The median sales price of a non-distressed home was $256,000. The median sales price of a foreclosure home was $202,500, or 21% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$202,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $179,000 (Median Foreclosure Sales Price) $197,750 (Median Foreclosure Sales Price) $201,000 (Median Foreclosure Sales Price) $200,500 (Median Foreclosure Sales Price) $256,000 (Median Sales Price) $272,500 (Median Sales Price) $272,750 (Median Sales Price) $271,500 (Median Sales Price) $275,000 (Median Sales Price) $275,500 (Median Sales Price) $202,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $179,000 (Median Foreclosure Sales Price) $197,750 (Median Foreclosure Sales Price) $201,000 (Median Foreclosure Sales Price) $200,500 (Median Foreclosure Sales Price) $256,000 (Median Sales Price) $272,500 (Median Sales Price) $272,750 (Median Sales Price) $271,500 (Median Sales Price) $275,000 (Median Sales Price) $275,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,746
31.8
% (y-o-y)
$245,000
2.0
% (y-o-y)
60.4%
64.4
% (y-o-y)
Des Plaines
64
39.0
% (y-o-y)
$180,000
28.6
% (y-o-y)
4.2%
16.8
% (y-o-y)
Northbrook
40
20.0
% (y-o-y)
$405,000
5.5
% (y-o-y)
Data not available
Evanston
37
50.7
% (y-o-y)
$300,000
8.8
% (y-o-y)
61.7%
21.3
% (y-o-y)
Elmwood Park
34
5.6
% (y-o-y)
$175,000
8.0
% (y-o-y)
14.6%
10.5
% (y-o-y)
Park Ridge
30
34.8
% (y-o-y)
$342,500
1.6
% (y-o-y)
12.4%
33.9
% (y-o-y)
Morton Grove
24
7.7
% (y-o-y)
$248,250
8.4
% (y-o-y)
27.7%
19.7
% (y-o-y)
Glenview
23
39.5
% (y-o-y)
$327,750
17.9
% (y-o-y)
41.2%
41.1
% (y-o-y)
Winnetka
20
13.0
% (y-o-y)
$700,000
11.4
% (y-o-y)
Data not available
Wilmette
17
37.0
% (y-o-y)
$528,750
8.4
% (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: 5.30%
Percentage of vacant homes: 7.21%