Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,888
    11% ( $19,988 ) vs Jan 2014
  • Median Sales Price
    $189,000
    6% ( $13,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $140,000
    7% ( $10,000 ) vs Jan 2014
  • Foreclosures 125
    Homes for Sale 32
    Recently Sold 174

Market Summary

There are currently 125 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 32.

In February, the number of properties that received a foreclosure filing in Westchester, IL was 15% higher than the previous month and 50% higher than the same time last year.

Home sales for January 2015 were down 36% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $189,000. The median sales price of a foreclosure home was $140,000, or 26% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$140,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $157,500 (Median Foreclosure Sales Price) $189,000 (Median Sales Price) $202,000 (Median Sales Price) $205,000 (Median Sales Price) $202,500 (Median Sales Price) $206,250 (Median Sales Price) $198,000 (Median Sales Price) $140,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $157,500 (Median Foreclosure Sales Price) $189,000 (Median Sales Price) $202,000 (Median Sales Price) $205,000 (Median Sales Price) $202,500 (Median Sales Price) $206,250 (Median Sales Price) $198,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elmhurst
37
39.3
% (y-o-y)
$334,500
11.5
% (y-o-y)
Data not available
La Grange
31
16.2
% (y-o-y)
$288,000
28.0
% (y-o-y)
27.1%
35.6
% (y-o-y)
Melrose Park
31
45.6
% (y-o-y)
$135,000
2.3
% (y-o-y)
7.4%
26.1
% (y-o-y)
Willowbrook
26
18.8
% (y-o-y)
$261,250
0.5
% (y-o-y)
Data not available
Maywood
22
24.1
% (y-o-y)
$89,000
17.1
% (y-o-y)
54.4%
44.7
% (y-o-y)
Bellwood
17
56.4
% (y-o-y)
$127,000
44.3
% (y-o-y)
60.6%
30.7
% (y-o-y)
Hinsdale
16
36.0
% (y-o-y)
$782,500
15.2
% (y-o-y)
Data not available
Lyons
16
100.0
% (y-o-y)
$140,000
0.7
% (y-o-y)
54.8%
61.7
% (y-o-y)
Brookfield
15
21.1
% (y-o-y)
$243,000
42.9
% (y-o-y)
52.7%
27.9
% (y-o-y)
Western Springs
14
33.3
% (y-o-y)
$489,000
15.3
% (y-o-y)
Data not available

Local Info For Westchester

Population:
16,542
Cost of Living Index: 120.48
Crime Index: 30.21     Rating: A- View crime details
Schools: 2    Average School Rating: B- View individual school rating
Household Median Income: $69,679
Unemployment: 6.00%
Percentage of vacant homes: 4.65%