Crete Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $168,900
    8% ( $11,900 ) vs May 2013
  • Median Sales Price
    $131,201
    5% ( $6,201 ) vs May 2013
  • Median Foreclosure Sales Price
    $90,000
    3% ( $2,500 ) vs May 2013
  • Foreclosures 211
    Homes for Sale 108
    Recently Sold 168

Market Summary

There are currently 211 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 108.

In June, the number of properties that received a foreclosure filing in Crete, IL was 74% higher than the previous month and 57% higher than the same time last year.

Home sales for May 2014 were down 17% compared with the previous month, and down 21% compared with a year ago. The median sales price of a non-distressed home was $131,201. The median sales price of a foreclosure home was $90,000, or 31% lower than non-distressed home sales.

Sales Prices - Crete, IL




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$90,000 (Median Foreclosure Sales Price) $92,500 (Median Foreclosure Sales Price) $84,900 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $82,100 (Median Foreclosure Sales Price) $131,090 (Median Foreclosure Sales Price) $131,201 (Median Sales Price) $125,000 (Median Sales Price) $118,500 (Median Sales Price) $125,000 (Median Sales Price) $129,900 (Median Sales Price) $135,000 (Median Sales Price) $90,000 (Median Foreclosure Sales Price) $92,500 (Median Foreclosure Sales Price) $84,900 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $82,100 (Median Foreclosure Sales Price) $131,090 (Median Foreclosure Sales Price) $131,201 (Median Sales Price) $125,000 (Median Sales Price) $118,500 (Median Sales Price) $125,000 (Median Sales Price) $129,900 (Median Sales Price) $135,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
83
29.7
% (y-o-y)
$46,500
7.0
% (y-o-y)
36.6%
36.7
% (y-o-y)
Lansing
42
43.2
% (y-o-y)
$82,000
9.9
% (y-o-y)
47.6%
51.1
% (y-o-y)
Homewood
39
2.5
% (y-o-y)
$129,000
0.8
% (y-o-y)
25.6%
33.8
% (y-o-y)
Matteson
35
31.4
% (y-o-y)
$120,000
1.8
% (y-o-y)
27.5%
26.8
% (y-o-y)
Park Forest
30
38.8
% (y-o-y)
$40,000
23.1
% (y-o-y)
28.8%
48.1
% (y-o-y)
Cedar Lake
22
26.7
% (y-o-y)
Data not available
Data not available
Dyer
21
34.4
% (y-o-y)
Data not available
Data not available
Schererville
21
40.0
% (y-o-y)
Data not available
Data not available
Hazel Crest
20
41.2
% (y-o-y)
$90,000
87.5
% (y-o-y)
49.4%
6.8
% (y-o-y)
University Park
17
112.5
% (y-o-y)
$53,000
29.5
% (y-o-y)
Data not available

Local Info For Crete

Population:
8,442
Cost of Living Index: 101.76
Crime Index: 29.55     Rating: A View crime details
Schools: 4    Average School Rating: C- View individual school rating
Household Median Income: $70,074
Unemployment: 7.70%
Percentage of vacant homes: 6.43%