Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $196,650
    2% ( $3,250 ) vs Sep 2015
  • Median Sales Price
    $258,000
    15% ( $33,250 ) vs Sep 2015
  • Median Foreclosure Sales Price
    $132,500
    0% ( $0 ) vs Sep 2015
  • Foreclosures 179
    Homes for Sale 40
    Recently Sold 75

Market Summary

There are currently 179 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 40.

In October, the number of properties that received a foreclosure filing in Wheeling, IL was 5% higher than the previous month and 4% lower than the same time last year.

Home sales for September 2016 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $258,000. The median sales price of a foreclosure home was $132,500, or 49% lower than non-distressed home sales.

Sales Prices - Wheeling, IL




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$132,500 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $136,437 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $141,374 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $258,000 (Median Sales Price) $224,750 (Median Sales Price) $192,500 (Median Sales Price) $165,000 (Median Sales Price) $163,000 (Median Sales Price) $169,250 (Median Sales Price) $132,500 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $136,437 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $141,374 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $258,000 (Median Sales Price) $224,750 (Median Sales Price) $192,500 (Median Sales Price) $165,000 (Median Sales Price) $163,000 (Median Sales Price) $169,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Vernon Hills
13
62.5
% (y-o-y)
$295,000
0.0
% (y-o-y)
11.4%
0.0
% (y-o-y)
Buffalo Grove
12
71.4
% (y-o-y)
$305,000
0.0
% (y-o-y)
27.2%
0.0
% (y-o-y)
Deerfield
8
60.0
% (y-o-y)
$422,000
0.0
% (y-o-y)
Data not available
Highland Park
8
166.7
% (y-o-y)
$535,000
0.0
% (y-o-y)
Data not available
Northbrook
4
60.0
% (y-o-y)
$467,000
0.0
% (y-o-y)
Data not available
Libertyville
3
25.0
% (y-o-y)
$428,750
0.0
% (y-o-y)
Data not available
Schaumburg
3
90.3
% (y-o-y)
$243,750
0.0
% (y-o-y)
46.9%
0.0
% (y-o-y)
Arlington Heights
2
88.2
% (y-o-y)
$362,500
0.0
% (y-o-y)
Data not available
Prospect Heights
2
66.7
% (y-o-y)
$135,750
0.0
% (y-o-y)
Data not available
Lake Zurich
2
66.7
% (y-o-y)
$356,950
0.0
% (y-o-y)
34.4%
0.0
% (y-o-y)

Local Info For Wheeling

Population:
37,030
Cost of Living Index: 112.73
Crime Index: 25.47     Rating: A View crime details
Schools: 7    Average School Rating: C View individual school rating
Household Median Income: $55,869
Unemployment: 4.20%
Percentage of vacant homes: 6.89%

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