Wheeling Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $185,000
    6% ( $10,000 ) vs May 2015
  • Median Sales Price
    $162,500
    4% ( $6,750 ) vs May 2015
  • Median Foreclosure Sales Price
    $141,374
    21% ( $24,374 ) vs May 2015
  • Foreclosures 189
    Homes for Sale 56
    Recently Sold 194

Market Summary

There are currently 189 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 56.

In June, the number of properties that received a foreclosure filing in Wheeling, IL was 18% higher than the previous month and 17% lower than the same time last year.

Home sales for May 2016 were up 193% compared with the previous month, and up 215% compared with a year ago. The median sales price of a non-distressed home was $162,500. The median sales price of a foreclosure home was $141,374, or 13% lower than non-distressed home sales.

Sales Prices - Wheeling, IL




Add this chart to your website.

$141,374 (Median Foreclosure Sales Price) $117,000 (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) $162,500 (Median Sales Price) $169,250 (Median Sales Price) $167,000 (Median Sales Price) $165,000 (Median Sales Price) $154,000 (Median Sales Price) $151,750 (Median Sales Price) $141,374 (Median Foreclosure Sales Price) $117,000 (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) $162,500 (Median Sales Price) $169,250 (Median Sales Price) $167,000 (Median Sales Price) $165,000 (Median Sales Price) $154,000 (Median Sales Price) $151,750 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Des Plaines
30
65.9
% (y-o-y)
$195,000
14.0
% (y-o-y)
16.2%
22.2
% (y-o-y)
Schaumburg
30
65.9
% (y-o-y)
$239,500
31.6
% (y-o-y)
36.5%
30.2
% (y-o-y)
Palatine
26
72.0
% (y-o-y)
$241,000
3.6
% (y-o-y)
63.6%
51.8
% (y-o-y)
Arlington Heights
20
77.0
% (y-o-y)
$300,000
4.9
% (y-o-y)
43.7%
32.5
% (y-o-y)
Lake Zurich
17
51.4
% (y-o-y)
$354,500
22.3
% (y-o-y)
18.6%
29.1
% (y-o-y)
Northbrook
17
71.7
% (y-o-y)
$400,000
8.0
% (y-o-y)
Data not available
Vernon Hills
16
30.4
% (y-o-y)
$325,000
8.4
% (y-o-y)
62.5%
0.6
% (y-o-y)
Buffalo Grove
16
67.3
% (y-o-y)
$300,000
31.9
% (y-o-y)
18.3%
5.9
% (y-o-y)
Deerfield
15
21.1
% (y-o-y)
$403,500
8.7
% (y-o-y)
Data not available
Highland Park
15
44.4
% (y-o-y)
$508,300
33.8
% (y-o-y)
12.0%
0.0
% (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: 4.20%
Percentage of vacant homes: 6.89%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)