Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $175,000
    6% ( $10,900 ) vs Apr 2015
  • Median Sales Price
    $167,000
    1% ( $2,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $106,750
    8% ( $9,250 ) vs Apr 2015
  • Foreclosures 196
    Homes for Sale 62
    Recently Sold 211

Market Summary

There are currently 196 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 62.

In May, the number of properties that received a foreclosure filing in Wheeling, IL was 0% higher than the previous month and 54% lower than the same time last year.

Home sales for April 2016 were down 46% compared with the previous month, and up 30% compared with a year ago. The median sales price of a non-distressed home was $167,000. The median sales price of a foreclosure home was $106,750, or 36% lower than non-distressed home sales.

Sales Prices - Wheeling, IL




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$106,750 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $118,000 (Median Foreclosure Sales Price) $167,000 (Median Sales Price) $165,000 (Median Sales Price) $165,000 (Median Sales Price) $154,000 (Median Sales Price) $151,750 (Median Sales Price) $158,500 (Median Sales Price) $106,750 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $118,000 (Median Foreclosure Sales Price) $167,000 (Median Sales Price) $165,000 (Median Sales Price) $165,000 (Median Sales Price) $154,000 (Median Sales Price) $151,750 (Median Sales Price) $158,500 (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
Des Plaines
74
32.1
% (y-o-y)
$182,000
16.3
% (y-o-y)
48.1%
2.6
% (y-o-y)
Arlington Heights
62
63.2
% (y-o-y)
$277,500
0.9
% (y-o-y)
37.7%
17.6
% (y-o-y)
Palatine
59
40.5
% (y-o-y)
$232,000
11.8
% (y-o-y)
61.6%
54.7
% (y-o-y)
Schaumburg
59
4.8
% (y-o-y)
$215,000
12.9
% (y-o-y)
32.6%
37.0
% (y-o-y)
Lake Zurich
56
460.0
% (y-o-y)
$365,000
4.9
% (y-o-y)
18.0%
28.7
% (y-o-y)
Buffalo Grove
55
175.0
% (y-o-y)
$290,000
18.9
% (y-o-y)
25.9%
58.4
% (y-o-y)
Mount Prospect
55
77.4
% (y-o-y)
$255,000
13.3
% (y-o-y)
47.6%
3.3
% (y-o-y)
Highland Park
39
457.1
% (y-o-y)
$482,500
6.0
% (y-o-y)
Data not available
Northbrook
34
54.5
% (y-o-y)
$400,000
7.0
% (y-o-y)
1.2%
32.2
% (y-o-y)
Vernon Hills
34
209.1
% (y-o-y)
$327,750
33.8
% (y-o-y)
62.9%
20.8
% (y-o-y)

Local Info For Wheeling

Population:
37,030
Cost of Living Index: 112.73
Crime Index: 28.03     Rating: A View crime details
Schools: 7    Average School Rating: C View individual school rating
Household Median Income: $55,869
Unemployment: 5.20%
Percentage of vacant homes: 6.89%

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