Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $160,000
    1% ( $1,000 ) vs Jun 2013
  • Median Sales Price
    $145,000
    12% ( $15,000 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $123,500
    30% ( $28,500 ) vs Jun 2013
  • Foreclosures 356
    Homes for Sale 66
    Recently Sold 356

Market Summary

There are currently 356 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 66.

In July, the number of properties that received a foreclosure filing in Wheeling, IL was 3% higher than the previous month and 23% higher than the same time last year.

Home sales for June 2014 were down 24% compared with the previous month, and down 21% compared with a year ago. The median sales price of a non-distressed home was $145,000. The median sales price of a foreclosure home was $123,500, or 15% lower than non-distressed home sales.

Sales Prices - Wheeling, IL




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$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) $125,000 (Median Foreclosure 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) $140,000 (Median 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) $125,000 (Median Foreclosure 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) $140,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Schaumburg
107
34.4
% (y-o-y)
$211,250
9.0
% (y-o-y)
29.0%
43.2
% (y-o-y)
Des Plaines
100
30.1
% (y-o-y)
$167,000
11.3
% (y-o-y)
29.9%
8.0
% (y-o-y)
Arlington Heights
98
32.4
% (y-o-y)
$300,000
13.6
% (y-o-y)
53.3%
46.4
% (y-o-y)
Palatine
82
46.1
% (y-o-y)
$230,000
1.5
% (y-o-y)
36.5%
67.7
% (y-o-y)
Lake Zurich
73
9.9
% (y-o-y)
$395,000
0.4
% (y-o-y)
Data not available
Buffalo Grove
68
15.0
% (y-o-y)
$254,500
5.2
% (y-o-y)
28.2%
39.3
% (y-o-y)
Northbrook
59
21.3
% (y-o-y)
$380,000
2.6
% (y-o-y)
31.6%
39.6
% (y-o-y)
Glenview
56
22.2
% (y-o-y)
$435,000
24.3
% (y-o-y)
46.9%
25.7
% (y-o-y)
Libertyville
55
6.8
% (y-o-y)
$395,000
3.9
% (y-o-y)
14.2%
41.8
% (y-o-y)
Highland Park
55
9.8
% (y-o-y)
$473,750
14.2
% (y-o-y)
30.3%
32.5
% (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: 5.40%
Percentage of vacant homes: 6.89%