Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,900
    7% ( $15,000 ) vs Jun 2013
  • Median Sales Price
    $203,500
    2% ( $3,500 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $123,500
    9% ( $9,750 ) vs Jun 2013
  • Foreclosures 134
    Homes for Sale 41
    Recently Sold 200

Market Summary

There are currently 134 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 41.

In July, the number of properties that received a foreclosure filing in Westchester, IL was 11% lower than the previous month and 27% lower than the same time last year.

Home sales for June 2014 were up 0% compared with the previous month, and down 24% compared with a year ago. The median sales price of a non-distressed home was $203,500. The median sales price of a foreclosure home was $123,500, or 39% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$123,500 (Median Foreclosure 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) $203,500 (Median 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) $123,500 (Median Foreclosure 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) $203,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elmhurst
73
40.7
% (y-o-y)
$362,250
3.2
% (y-o-y)
40.4%
41.0
% (y-o-y)
Willowbrook
43
37.7
% (y-o-y)
$300,000
0.8
% (y-o-y)
51.7%
46.9
% (y-o-y)
Hinsdale
41
21.2
% (y-o-y)
$625,000
24.5
% (y-o-y)
48.1%
27.1
% (y-o-y)
La Grange
40
36.5
% (y-o-y)
$308,500
4.0
% (y-o-y)
69.3%
40.8
% (y-o-y)
Melrose Park
32
57.9
% (y-o-y)
$130,500
4.4
% (y-o-y)
19.5%
32.6
% (y-o-y)
Bellwood
25
47.9
% (y-o-y)
$110,000
18.3
% (y-o-y)
52.3%
52.2
% (y-o-y)
Western Springs
23
11.5
% (y-o-y)
$450,000
5.3
% (y-o-y)
16.1%
0.0
% (y-o-y)
Forest Park
22
42.1
% (y-o-y)
$194,250
17.7
% (y-o-y)
70.1%
65.9
% (y-o-y)
La Grange Park
20
0.0
% (y-o-y)
$335,000
15.9
% (y-o-y)
38.5%
44.5
% (y-o-y)
Brookfield
19
50.0
% (y-o-y)
$193,000
5.2
% (y-o-y)
19.7%
28.4
% (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: 7.50%
Percentage of vacant homes: 4.65%