Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,000
    1% ( $1,000 ) vs Jul 2013
  • Median Sales Price
    $147,000
    1% ( $2,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $124,000
    0% ( $500 ) vs Jul 2013
  • Foreclosures 355
    Homes for Sale 44
    Recently Sold 356

Market Summary

There are currently 355 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 44.

In August, the number of properties that received a foreclosure filing in Wheeling, IL was 18% lower than the previous month and 16% lower than the same time last year.

Home sales for July 2014 were down 5% compared with the previous month, and down 61% compared with a year ago. The median sales price of a non-distressed home was $147,000. The median sales price of a foreclosure home was $124,000, or 16% lower than non-distressed home sales.

Sales Prices - Wheeling, IL




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$124,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $121,750 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $147,000 (Median Sales Price) $145,000 (Median Sales Price) $130,000 (Median Sales Price) $129,000 (Median Sales Price) $107,500 (Median Sales Price) $134,500 (Median Sales Price) $124,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $121,750 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $147,000 (Median Sales Price) $145,000 (Median Sales Price) $130,000 (Median Sales Price) $129,000 (Median Sales Price) $107,500 (Median Sales Price) $134,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Arlington Heights
104
49.5
% (y-o-y)
$305,000
9.5
% (y-o-y)
54.9%
55.1
% (y-o-y)
Schaumburg
99
49.5
% (y-o-y)
$219,000
6.3
% (y-o-y)
31.5%
45.9
% (y-o-y)
Palatine
95
56.0
% (y-o-y)
$250,000
0.4
% (y-o-y)
56.5%
68.3
% (y-o-y)
Lake Zurich
92
6.1
% (y-o-y)
$387,000
3.3
% (y-o-y)
33.2%
31.1
% (y-o-y)
Buffalo Grove
73
20.7
% (y-o-y)
$265,750
4.2
% (y-o-y)
23.8%
51.0
% (y-o-y)
Des Plaines
70
62.2
% (y-o-y)
$177,500
7.6
% (y-o-y)
12.7%
29.8
% (y-o-y)
Libertyville
55
34.5
% (y-o-y)
$435,000
6.1
% (y-o-y)
16.1%
47.5
% (y-o-y)
Mount Prospect
46
66.7
% (y-o-y)
$250,000
2.0
% (y-o-y)
44.0%
42.3
% (y-o-y)
Highland Park
43
41.1
% (y-o-y)
$475,000
5.6
% (y-o-y)
32.1%
41.1
% (y-o-y)
Deerfield
42
31.1
% (y-o-y)
$399,500
6.5
% (y-o-y)
9.9%
36.8
% (y-o-y)

Local Info For Wheeling

Population:
37,030
Cost of Living Index: 112.73
Crime Index: 18.30     Rating: A View crime details
Schools: 7    Average School Rating: C View individual school rating
Household Median Income: $55,869
Unemployment: 5.10%
Percentage of vacant homes: 6.89%