Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $219,900
    0% ( $0 ) vs Aug 2013
  • Median Sales Price
    $198,000
    1% ( $2,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $157,500
    5% ( $7,500 ) vs Aug 2013
  • Foreclosures 125
    Homes for Sale 48
    Recently Sold 222

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 48.

In September, the number of properties that received a foreclosure filing in Westchester, IL was 18% higher than the previous month and 0% higher than the same time last year.

Home sales for August 2014 were up 7% compared with the previous month, and down 50% compared with a year ago. The median sales price of a non-distressed home was $198,000. The median sales price of a foreclosure home was $157,500, or 20% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$157,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $113,750 (Median Foreclosure Sales Price) $111,000 (Median Foreclosure Sales Price) $113,750 (Median Foreclosure Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price) $203,500 (Median Sales Price) $200,000 (Median Sales Price) $192,500 (Median Sales Price) $181,500 (Median Sales Price) $157,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $113,750 (Median Foreclosure Sales Price) $111,000 (Median Foreclosure Sales Price) $113,750 (Median Foreclosure Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price) $203,500 (Median Sales Price) $200,000 (Median Sales Price) $192,500 (Median Sales Price) $181,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elmhurst
82
16.3
% (y-o-y)
$378,500
14.2
% (y-o-y)
39.2%
29.6
% (y-o-y)
Willowbrook
53
36.9
% (y-o-y)
$265,000
10.9
% (y-o-y)
Data not available
Hinsdale
45
27.4
% (y-o-y)
$822,000
6.2
% (y-o-y)
41.4%
49.8
% (y-o-y)
Melrose Park
40
55.1
% (y-o-y)
$130,000
4.4
% (y-o-y)
27.3%
32.1
% (y-o-y)
La Grange
37
37.3
% (y-o-y)
$314,000
8.5
% (y-o-y)
Data not available
Bellwood
29
35.6
% (y-o-y)
$105,000
5.0
% (y-o-y)
44.8%
55.0
% (y-o-y)
Brookfield
28
51.7
% (y-o-y)
$223,750
15.9
% (y-o-y)
22.5%
35.8
% (y-o-y)
Forest Park
26
3.7
% (y-o-y)
$171,500
3.9
% (y-o-y)
70.8%
57.3
% (y-o-y)
Maywood
20
44.4
% (y-o-y)
$65,250
45.0
% (y-o-y)
50.2%
25.6
% (y-o-y)
Riverside
19
60.4
% (y-o-y)
$235,000
4.0
% (y-o-y)
37.4%
48.7
% (y-o-y)

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: 6.70%
Percentage of vacant homes: 4.65%