Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $207,250
    4% ( $7,300 ) vs Mar 2014
  • Median Sales Price
    $189,500
    0% ( $500 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $118,000
    11% ( $15,000 ) vs Mar 2014
  • Foreclosures 112
    Homes for Sale 28
    Recently Sold 146

Market Summary

There are currently 112 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 28.

In April, the number of properties that received a foreclosure filing in Westchester, IL was 44% lower than the previous month and 0% higher than the same time last year.

Home sales for March 2015 were down 75% compared with the previous month, and down 83% compared with a year ago. The median sales price of a non-distressed home was $189,500. The median sales price of a foreclosure home was $118,000, or 38% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$118,000 (Median Foreclosure 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) $189,500 (Median 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) $118,000 (Median Foreclosure 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) $189,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Maywood
21
12.5
% (y-o-y)
$82,000
0.0
% (y-o-y)
54.3%
56.1
% (y-o-y)
Forest Park
16
36.0
% (y-o-y)
$89,000
21.2
% (y-o-y)
Data not available
Melrose Park
15
70.6
% (y-o-y)
$128,250
2.6
% (y-o-y)
11.0%
28.0
% (y-o-y)
Elmhurst
13
81.9
% (y-o-y)
$374,000
25.5
% (y-o-y)
34.4%
27.9
% (y-o-y)
La Grange
11
71.1
% (y-o-y)
$313,500
6.3
% (y-o-y)
21.7%
38.7
% (y-o-y)
Bellwood
11
42.1
% (y-o-y)
$129,000
71.4
% (y-o-y)
65.1%
26.6
% (y-o-y)
Brookfield
9
47.1
% (y-o-y)
$226,000
38.2
% (y-o-y)
50.4%
19.6
% (y-o-y)
Riverside
8
65.2
% (y-o-y)
$210,000
15.1
% (y-o-y)
Data not available
Broadview
7
40.0
% (y-o-y)
$100,000
12.1
% (y-o-y)
23.5%
47.3
% (y-o-y)
Hillside
7
36.4
% (y-o-y)
$119,200
1.9
% (y-o-y)
28.3%
38.3
% (y-o-y)

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: 6.60%
Percentage of vacant homes: 4.65%