Crete Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $167,480
    5% ( $7,530 ) vs May 2014
  • Median Sales Price
    $152,000
    1% ( $2,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $107,632
    1% ( $1,283 ) vs May 2014
  • Foreclosures 155
    Homes for Sale 138
    Recently Sold 47

Market Summary

There are currently 155 properties in Crete, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 138.

In June, the number of properties that received a foreclosure filing in Crete, IL was 15% higher than the previous month and 30% lower than the same time last year.

Home sales for May 2015 were down 100% compared with the previous month, and down 100% 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 $107,632, or 29% lower than non-distressed home sales.

Sales Prices - Crete, IL




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$107,632 (Median Foreclosure Sales Price) $108,915 (Median Foreclosure Sales Price) $112,599 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $116,900 (Median Foreclosure Sales Price) $152,000 (Median Sales Price) $154,000 (Median Sales Price) $127,000 (Median Sales Price) $121,450 (Median Sales Price) $124,000 (Median Sales Price) $125,000 (Median Sales Price) $107,632 (Median Foreclosure Sales Price) $108,915 (Median Foreclosure Sales Price) $112,599 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $116,900 (Median Foreclosure Sales Price) $152,000 (Median Sales Price) $154,000 (Median Sales Price) $127,000 (Median Sales Price) $121,450 (Median Sales Price) $124,000 (Median Sales Price) $125,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
65
21.7
% (y-o-y)
$60,000
29.0
% (y-o-y)
50.0%
36.6
% (y-o-y)
Lansing
29
31.0
% (y-o-y)
$71,000
13.4
% (y-o-y)
14.1%
47.6
% (y-o-y)
Matteson
26
25.7
% (y-o-y)
$117,750
0.6
% (y-o-y)
41.8%
25.6
% (y-o-y)
Homewood
26
33.3
% (y-o-y)
$140,000
8.5
% (y-o-y)
50.4%
26.0
% (y-o-y)
Hazel Crest
22
10.0
% (y-o-y)
$124,000
45.9
% (y-o-y)
65.7%
46.5
% (y-o-y)
Park Forest
22
26.7
% (y-o-y)
$33,250
16.9
% (y-o-y)
9.8%
28.8
% (y-o-y)
Schererville
20
23.1
% (y-o-y)
$97,001
0.0
% (y-o-y)
Data not available
Dyer
18
18.2
% (y-o-y)
Data not available
Data not available
Richton Park
18
28.6
% (y-o-y)
$61,250
38.8
% (y-o-y)
29.0%
23.1
% (y-o-y)
Flossmoor
14
7.7
% (y-o-y)
$267,000
84.1
% (y-o-y)
Data not available

Local Info For Crete

Population:
8,442
Cost of Living Index: 101.76
Crime Index: 38.10     Rating: A- View crime details
Schools: 4    Average School Rating: C- View individual school rating
Household Median Income: $70,074
Unemployment: 6.30%
Percentage of vacant homes: 6.43%