Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,900
    0% ( $0 ) vs Sep 2013
  • Median Sales Price
    $147,500
    6% ( $9,000 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $124,000
    11% ( $16,000 ) vs Sep 2013
  • Foreclosures 340
    Homes for Sale 25
    Recently Sold 360

Market Summary

There are currently 340 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 25.

In October, the number of properties that received a foreclosure filing in Wheeling, IL was 18% higher than the previous month and 25% lower than the same time last year.

Home sales for September 2014 were up 9% compared with the previous month, and down 12% compared with a year ago. The median sales price of a non-distressed home was $147,500. 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) $140,000 (Median Foreclosure 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) $147,500 (Median Sales Price) $156,500 (Median Sales Price) $147,000 (Median Sales Price) $145,000 (Median Sales Price) $130,000 (Median Sales Price) $129,000 (Median Sales Price) $124,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure 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) $147,500 (Median Sales Price) $156,500 (Median Sales Price) $147,000 (Median Sales Price) $145,000 (Median Sales Price) $130,000 (Median Sales Price) $129,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Schaumburg
180
4.3
% (y-o-y)
$205,000
6.8
% (y-o-y)
23.2%
45.9
% (y-o-y)
Arlington Heights
144
2.0
% (y-o-y)
$294,000
1.4
% (y-o-y)
72.7%
52.7
% (y-o-y)
Palatine
141
13.5
% (y-o-y)
$250,000
0.2
% (y-o-y)
64.0%
68.5
% (y-o-y)
Des Plaines
127
19.6
% (y-o-y)
$190,000
8.6
% (y-o-y)
18.4%
40.3
% (y-o-y)
Northbrook
107
40.8
% (y-o-y)
$434,000
1.5
% (y-o-y)
Data not available
Glenview
87
7.4
% (y-o-y)
$361,500
13.0
% (y-o-y)
Data not available
Mount Prospect
76
17.4
% (y-o-y)
$262,250
8.8
% (y-o-y)
46.6%
37.6
% (y-o-y)
Highland Park
70
14.6
% (y-o-y)
$485,000
2.8
% (y-o-y)
33.6%
38.9
% (y-o-y)
Buffalo Grove
66
17.5
% (y-o-y)
$285,000
3.2
% (y-o-y)
35.4%
59.7
% (y-o-y)
Lake Zurich
62
30.3
% (y-o-y)
$375,000
6.3
% (y-o-y)
26.4%
43.4
% (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: 4.50%
Percentage of vacant homes: 6.89%