Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $289,900
    0% ( $0 ) vs Dec 2013
  • Median Sales Price
    $265,000
    2% ( $5,750 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $179,000
    9% ( $18,750 ) vs Dec 2013
  • Foreclosures 318
    Homes for Sale 78
    Recently Sold 558

Market Summary

There are currently 318 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 78.

In January, the number of properties that received a foreclosure filing in Skokie, IL was 20% lower than the previous month and 36% lower than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $265,000. The median sales price of a foreclosure home was $179,000, or 32% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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$179,000 (Median Foreclosure Sales Price) $197,750 (Median Foreclosure 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) $265,000 (Median Sales Price) $270,750 (Median Sales Price) $275,000 (Median Sales Price) $275,500 (Median Sales Price) $249,000 (Median Sales Price) $241,000 (Median 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) $190,500 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $265,000 (Median Sales Price) $270,750 (Median Sales Price) $275,000 (Median Sales Price) $275,500 (Median Sales Price) $249,000 (Median Sales Price) $241,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
618
81.0
% (y-o-y)
$260,000
1.6
% (y-o-y)
63.8%
64.8
% (y-o-y)
Elmwood Park
19
62.7
% (y-o-y)
$150,000
11.8
% (y-o-y)
0.7%
11.8
% (y-o-y)
Des Plaines
18
83.9
% (y-o-y)
$168,000
4.7
% (y-o-y)
37.5%
29.0
% (y-o-y)
Northbrook
9
83.3
% (y-o-y)
$495,500
30.4
% (y-o-y)
33.1%
21.1
% (y-o-y)
Morton Grove
9
71.0
% (y-o-y)
$250,000
9.1
% (y-o-y)
17.6%
20.6
% (y-o-y)
Glenview
8
80.0
% (y-o-y)
$335,000
8.2
% (y-o-y)
23.7%
35.6
% (y-o-y)
Niles
7
79.4
% (y-o-y)
$225,000
3.0
% (y-o-y)
32.4%
18.1
% (y-o-y)
Park Ridge
3
94.7
% (y-o-y)
$326,000
5.8
% (y-o-y)
Data not available
Schiller Park
3
66.7
% (y-o-y)
$133,500
16.6
% (y-o-y)
Data not available
Evanston
3
97.7
% (y-o-y)
$330,000
9.6
% (y-o-y)
33.3%
42.5
% (y-o-y)

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: 4.60%
Percentage of vacant homes: 7.21%