Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $205,000
    11% ( $24,450 ) vs May 2014
  • Median Sales Price
    $185,000
    3% ( $5,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $144,000
    14% ( $18,000 ) vs May 2014
  • Foreclosures 100
    Homes for Sale 37
    Recently Sold 75

Market Summary

There are currently 100 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 37.

In June, the number of properties that received a foreclosure filing in Westchester, IL was 40% lower than the previous month and 50% lower than the same time last year.

Home sales for May 2015 were up 67% compared with the previous month, and down 32% compared with a year ago. The median sales price of a non-distressed home was $185,000. The median sales price of a foreclosure home was $144,000, or 22% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$144,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure 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) $185,000 (Median Sales Price) $180,000 (Median Sales Price) $189,500 (Median Sales Price) $189,000 (Median Sales Price) $189,000 (Median Sales Price) $202,000 (Median Sales Price) $144,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure 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) $185,000 (Median Sales Price) $180,000 (Median Sales Price) $189,500 (Median Sales Price) $189,000 (Median Sales Price) $189,000 (Median Sales Price) $202,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elmhurst
63
16.0
% (y-o-y)
$338,000
2.0
% (y-o-y)
31.7%
37.4
% (y-o-y)
La Grange
43
36.8
% (y-o-y)
$262,500
2.0
% (y-o-y)
46.6%
49.4
% (y-o-y)
Willowbrook
34
44.3
% (y-o-y)
$199,000
42.3
% (y-o-y)
Data not available
Melrose Park
33
34.0
% (y-o-y)
$161,000
24.3
% (y-o-y)
39.4%
27.4
% (y-o-y)
Riverside
25
4.2
% (y-o-y)
$320,000
28.0
% (y-o-y)
31.2%
38.8
% (y-o-y)
Bellwood
25
47.1
% (y-o-y)
$112,000
1.8
% (y-o-y)
54.5%
45.9
% (y-o-y)
Brookfield
25
19.4
% (y-o-y)
$260,000
41.7
% (y-o-y)
56.9%
18.3
% (y-o-y)
Hinsdale
20
39.4
% (y-o-y)
$855,000
55.5
% (y-o-y)
49.6%
0.0
% (y-o-y)
Maywood
19
40.6
% (y-o-y)
$75,000
7.1
% (y-o-y)
29.3%
49.3
% (y-o-y)
Western Springs
19
17.4
% (y-o-y)
$601,000
39.0
% (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: 6.30%
Percentage of vacant homes: 4.65%