Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $178,900
    0% ( $600 ) vs Jan 2016
  • Median Sales Price
    $152,000
    6% ( $8,000 ) vs Jan 2016
  • Median Foreclosure Sales Price
    $163,500
    11% ( $16,750 ) vs Jan 2016
  • Foreclosures 166
    Homes for Sale 63
    Recently Sold 58

Market Summary

There are currently 166 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 63.

In February, the number of properties that received a foreclosure filing in Wheeling, IL was 91% higher than the previous month and 34% lower than the same time last year.

Home sales for January 2017 were up 25% compared with the previous month, and down 67% compared with a year ago. The median sales price of a non-distressed home was $152,000. The median sales price of a foreclosure home was $163,500, or 8% higher than non-distressed home sales.

Sales Prices - Wheeling, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$163,500 (Median Foreclosure Sales Price) $146,750 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $137,250 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $152,000 (Median Sales Price) $144,000 (Median Sales Price) $178,000 (Median Sales Price) $200,000 (Median Sales Price) $207,500 (Median Sales Price) $220,000 (Median Sales Price) $163,500 (Median Foreclosure Sales Price) $146,750 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $137,250 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $152,000 (Median Sales Price) $144,000 (Median Sales Price) $178,000 (Median Sales Price) $200,000 (Median Sales Price) $207,500 (Median Sales Price) $220,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Palatine
19
74.3
% (y-o-y)
$173,500
32.7
% (y-o-y)
40.3%
56.7
% (y-o-y)
Schaumburg
18
78.0
% (y-o-y)
$179,000
17.5
% (y-o-y)
Data not available
Des Plaines
18
73.5
% (y-o-y)
$218,000
36.3
% (y-o-y)
32.3%
30.5
% (y-o-y)
Arlington Heights
14
72.0
% (y-o-y)
$367,500
28.9
% (y-o-y)
74.1%
44.1
% (y-o-y)
Rolling Meadows
10
37.5
% (y-o-y)
$169,000
17.6
% (y-o-y)
Data not available
Northbrook
9
78.0
% (y-o-y)
$282,500
32.7
% (y-o-y)
Data not available
Highland Park
9
60.9
% (y-o-y)
$482,000
1.5
% (y-o-y)
Data not available
Buffalo Grove
8
81.4
% (y-o-y)
$307,000
6.6
% (y-o-y)
Data not available
Deerfield
7
61.1
% (y-o-y)
$454,900
49.1
% (y-o-y)
Data not available
Mount Prospect
7
79.4
% (y-o-y)
$276,500
0.2
% (y-o-y)
Data not available

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: 4.90%
Percentage of vacant homes: 6.89%

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