Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $174,700
    0% ( $800 ) vs Nov 2014
  • Median Sales Price
    $158,500
    0% ( $0 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $118,000
    8% ( $10,000 ) vs Nov 2014
  • Foreclosures 222
    Homes for Sale 51
    Recently Sold 361

Market Summary

There are currently 222 properties in Wheeling, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 51.

In December, the number of properties that received a foreclosure filing in Wheeling, IL was 19% lower than the previous month and 56% lower than the same time last year.

Home sales for November 2015 were up 0% compared with the previous month, and down 59% compared with a year ago. The median sales price of a non-distressed home was $158,500. The median sales price of a foreclosure home was $118,000, or 26% lower than non-distressed home sales.

Sales Prices - Wheeling, IL




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$118,000 (Median Foreclosure Sales Price) $128,000 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $102,000 (Median Foreclosure Sales Price) $158,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $170,500 (Median Sales Price) $165,500 (Median Sales Price) $155,000 (Median Sales Price) $118,000 (Median Foreclosure Sales Price) $128,000 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $102,000 (Median Foreclosure Sales Price) $158,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $170,500 (Median Sales Price) $165,500 (Median Sales Price) $155,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Des Plaines
71
33.0
% (y-o-y)
$180,000
0.6
% (y-o-y)
35.6%
41.6
% (y-o-y)
Schaumburg
70
23.9
% (y-o-y)
$220,000
10.0
% (y-o-y)
20.9%
24.5
% (y-o-y)
Palatine
62
53.0
% (y-o-y)
$230,500
0.0
% (y-o-y)
60.6%
51.0
% (y-o-y)
Mount Prospect
47
29.9
% (y-o-y)
$283,500
5.8
% (y-o-y)
33.9%
34.7
% (y-o-y)
Arlington Heights
45
33.8
% (y-o-y)
$275,000
5.2
% (y-o-y)
39.6%
31.0
% (y-o-y)
Northbrook
36
29.4
% (y-o-y)
$403,750
11.1
% (y-o-y)
44.3%
25.9
% (y-o-y)
Lake Zurich
35
27.1
% (y-o-y)
$436,500
11.9
% (y-o-y)
29.0%
6.7
% (y-o-y)
Buffalo Grove
27
55.0
% (y-o-y)
$282,000
8.5
% (y-o-y)
16.7%
39.3
% (y-o-y)
Highland Park
26
44.7
% (y-o-y)
$485,000
11.5
% (y-o-y)
Data not available
Glenview
19
67.8
% (y-o-y)
$277,500
20.7
% (y-o-y)
8.3%
8.9
% (y-o-y)

Local Info For Wheeling

Population:
37,030
Cost of Living Index: 112.73
Crime Index: 28.03     Rating: A View crime details
Schools: 7    Average School Rating: C View individual school rating
Household Median Income: $55,869
Unemployment: 3.60%
Percentage of vacant homes: 6.89%

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