Westchester Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,900
    0% ( $0 ) vs May 2015
  • Median Sales Price
    $225,000
    1% ( $2,000 ) vs May 2015
  • Median Foreclosure Sales Price
    $136,250
    5% ( $7,500 ) vs May 2015
  • Foreclosures 97
    Homes for Sale 49
    Recently Sold 111

Market Summary

There are currently 97 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 49.

In June, the number of properties that received a foreclosure filing in Westchester, IL was 45% lower than the previous month and 33% lower than the same time last year.

Home sales for May 2016 were down 57% compared with the previous month, and down 40% compared with a year ago. The median sales price of a non-distressed home was $225,000. The median sales price of a foreclosure home was $136,250, or 39% lower than non-distressed home sales.

Sales Prices - Westchester, IL




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$136,250 (Median Foreclosure Sales Price) $143,750 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $151,250 (Median Foreclosure Sales Price) $140,250 (Median Foreclosure Sales Price) $111,000 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $223,000 (Median Sales Price) $210,500 (Median Sales Price) $183,000 (Median Sales Price) $183,000 (Median Sales Price) $181,000 (Median Sales Price) $136,250 (Median Foreclosure Sales Price) $143,750 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $151,250 (Median Foreclosure Sales Price) $140,250 (Median Foreclosure Sales Price) $111,000 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $223,000 (Median Sales Price) $210,500 (Median Sales Price) $183,000 (Median Sales Price) $183,000 (Median Sales Price) $181,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elmhurst
21
66.7
% (y-o-y)
$340,000
0.6
% (y-o-y)
17.8%
31.7
% (y-o-y)
Melrose Park
18
45.5
% (y-o-y)
$149,500
6.6
% (y-o-y)
29.4%
39.1
% (y-o-y)
Willowbrook
17
50.0
% (y-o-y)
$237,500
19.3
% (y-o-y)
Data not available
Maywood
15
21.1
% (y-o-y)
$115,000
53.3
% (y-o-y)
73.7%
29.3
% (y-o-y)
Broadview
12
7.7
% (y-o-y)
$155,000
18.3
% (y-o-y)
54.5%
58.0
% (y-o-y)
Bellwood
10
60.0
% (y-o-y)
$127,000
13.4
% (y-o-y)
47.6%
54.5
% (y-o-y)
Brookfield
8
68.0
% (y-o-y)
$233,500
10.2
% (y-o-y)
Data not available
Hinsdale
8
60.0
% (y-o-y)
$620,500
27.4
% (y-o-y)
Data not available
Forest Park
6
64.7
% (y-o-y)
$173,000
0.1
% (y-o-y)
75.4%
41.1
% (y-o-y)
Lyons
6
14.3
% (y-o-y)
$93,000
42.3
% (y-o-y)
Data not available

Local Info For Westchester

Population:
16,542
Cost of Living Index: 120.48
Crime Index: 10.24     Rating: A+ View crime details
Schools: 2    Average School Rating: B- View individual school rating
Household Median Income: $69,679
Unemployment: 5.70%
Percentage of vacant homes: 4.65%

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