Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,950
    0% ( $62 ) vs Feb 2014
  • Median Sales Price
    $189,000
    0% ( $0 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $133,000
    5% ( $7,000 ) vs Feb 2014
  • Foreclosures 116
    Homes for Sale 33
    Recently Sold 162

Market Summary

There are currently 116 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 March, the number of properties that received a foreclosure filing in Westchester, IL was 113% higher than the previous month and 78% higher than the same time last year.

Home sales for February 2015 were down 25% compared with the previous month, and down 43% 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 $133,000, or 30% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$133,000 (Median Foreclosure 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) $189,000 (Median 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) $133,000 (Median Foreclosure 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) $189,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Maywood
31
14.8
% (y-o-y)
$75,000
17.6
% (y-o-y)
49.2%
59.3
% (y-o-y)
Melrose Park
29
29.3
% (y-o-y)
$135,000
4.7
% (y-o-y)
13.6%
29.8
% (y-o-y)
La Grange
24
11.1
% (y-o-y)
$292,000
12.4
% (y-o-y)
2.6%
4.3
% (y-o-y)
Elmhurst
19
47.2
% (y-o-y)
$352,500
20.3
% (y-o-y)
18.4%
26.6
% (y-o-y)
Bellwood
18
55.0
% (y-o-y)
$129,500
60.9
% (y-o-y)
61.4%
31.1
% (y-o-y)
Willowbrook
18
21.7
% (y-o-y)
$322,250
26.4
% (y-o-y)
Data not available
Brookfield
14
22.2
% (y-o-y)
$235,000
47.8
% (y-o-y)
57.2%
18.2
% (y-o-y)
Forest Park
13
0.0
% (y-o-y)
$120,000
2.6
% (y-o-y)
50.0%
0.0
% (y-o-y)
Hillside
10
0.0
% (y-o-y)
$156,000
25.8
% (y-o-y)
46.1%
0.0
% (y-o-y)
Oak Brook
10
11.1
% (y-o-y)
$502,500
6.9
% (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: 6.80%
Percentage of vacant homes: 4.65%