Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $214,900
    1% ( $2,500 ) vs May 2013
  • Median Sales Price
    $200,000
    4% ( $7,500 ) vs May 2013
  • Median Foreclosure Sales Price
    $113,750
    2% ( $2,750 ) vs May 2013
  • Foreclosures 138
    Homes for Sale 33
    Recently Sold 211

Market Summary

There are currently 138 properties in Westchester, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 33.

In June, the number of properties that received a foreclosure filing in Westchester, IL was 38% higher than the previous month and 18% lower than the same time last year.

Home sales for May 2014 were up 5% compared with the previous month, and down 19% compared with a year ago. The median sales price of a non-distressed home was $200,000. The median sales price of a foreclosure home was $113,750, or 43% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$113,750 (Median Foreclosure Sales Price) $111,000 (Median Foreclosure Sales Price) $113,750 (Median Foreclosure Sales Price) $106,500 (Median Foreclosure Sales Price) $106,500 (Median Foreclosure Sales Price) $127,500 (Median Foreclosure Sales Price) $200,000 (Median Sales Price) $192,500 (Median Sales Price) $181,500 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $189,250 (Median Sales Price) $113,750 (Median Foreclosure Sales Price) $111,000 (Median Foreclosure Sales Price) $113,750 (Median Foreclosure Sales Price) $106,500 (Median Foreclosure Sales Price) $106,500 (Median Foreclosure Sales Price) $127,500 (Median Foreclosure Sales Price) $200,000 (Median Sales Price) $192,500 (Median Sales Price) $181,500 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $189,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elmhurst
75
2.7
% (y-o-y)
$345,000
0.5
% (y-o-y)
37.4%
42.3
% (y-o-y)
La Grange
68
28.3
% (y-o-y)
$267,750
7.7
% (y-o-y)
49.4%
61.9
% (y-o-y)
Willowbrook
61
5.2
% (y-o-y)
$345,000
2.7
% (y-o-y)
50.0%
60.6
% (y-o-y)
Melrose Park
50
9.1
% (y-o-y)
$129,500
17.7
% (y-o-y)
27.4%
11.8
% (y-o-y)
Hinsdale
32
13.5
% (y-o-y)
$550,000
25.5
% (y-o-y)
Data not available
Maywood
32
45.5
% (y-o-y)
$70,000
29.6
% (y-o-y)
49.3%
35.2
% (y-o-y)
Brookfield
31
14.8
% (y-o-y)
$183,500
0.8
% (y-o-y)
18.3%
27.9
% (y-o-y)
Forest Park
26
10.3
% (y-o-y)
$198,250
27.9
% (y-o-y)
67.2%
41.0
% (y-o-y)
Riverside
24
4.0
% (y-o-y)
$250,000
37.4
% (y-o-y)
38.8%
10.4
% (y-o-y)
Western Springs
23
4.2
% (y-o-y)
$432,500
0.6
% (y-o-y)
Data not available

Local Info For Westchester

Population:
16,542
Cost of Living Index: 120.48
Crime Index: 74.84     Rating: B View crime details
Schools: 2    Average School Rating: B- View individual school rating
Household Median Income: $69,679
Unemployment: 7.70%
Percentage of vacant homes: 4.65%