Skokie Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $269,500
    7% ( $20,400 ) vs Jan 2014
  • Median Sales Price
    $272,500
    0% ( $250 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $190,000
    6% ( $11,000 ) vs Jan 2014
  • Foreclosures 318
    Homes for Sale 84
    Recently Sold 515

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 84.

In February, the number of properties that received a foreclosure filing in Skokie, IL was 35% lower than the previous month and 12% lower than the same time last year.

Home sales for January 2015 were down 17% compared with the previous month, and down 28% compared with a year ago. The median sales price of a non-distressed home was $272,500. The median sales price of a foreclosure home was $190,000, or 30% lower than non-distressed home sales.

Sales Prices - Skokie, IL




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

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,251
31.0
% (y-o-y)
$248,000
1.4
% (y-o-y)
62.7%
66.1
% (y-o-y)
Des Plaines
94
29.3
% (y-o-y)
$178,000
7.9
% (y-o-y)
29.2%
24.2
% (y-o-y)
Evanston
69
40.0
% (y-o-y)
$304,500
10.2
% (y-o-y)
61.4%
15.9
% (y-o-y)
Northbrook
52
17.5
% (y-o-y)
$419,500
9.2
% (y-o-y)
Data not available
Park Ridge
45
25.0
% (y-o-y)
$350,000
5.5
% (y-o-y)
Data not available
Morton Grove
40
25.0
% (y-o-y)
$248,250
8.4
% (y-o-y)
24.7%
3.9
% (y-o-y)
Wilmette
39
35.0
% (y-o-y)
$596,250
4.1
% (y-o-y)
Data not available
Glenview
39
36.1
% (y-o-y)
$327,000
14.6
% (y-o-y)
32.6%
38.6
% (y-o-y)
Elmwood Park
32
25.6
% (y-o-y)
$175,000
5.6
% (y-o-y)
14.3%
12.5
% (y-o-y)
Winnetka
29
61.1
% (y-o-y)
$682,500
16.3
% (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: 4.60%
Percentage of vacant homes: 7.21%