Crete Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $144,400
    7% ( $10,500 ) vs Jul 2013
  • Median Sales Price
    $140,000
    7% ( $8,911 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $90,000
    0% ( $0 ) vs Jul 2013
  • Foreclosures 198
    Homes for Sale 84
    Recently Sold 184

Market Summary

There are currently 198 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 84.

In August, the number of properties that received a foreclosure filing in Crete, IL was 5% higher than the previous month and 122% higher than the same time last year.

Home sales for July 2014 were up 59% compared with the previous month, and up 42% compared with a year ago. The median sales price of a non-distressed home was $140,000. The median sales price of a foreclosure home was $90,000, or 36% lower than non-distressed home sales.

Sales Prices - Crete, IL




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$90,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure 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) $140,000 (Median Sales Price) $131,090 (Median Sales Price) $131,201 (Median Sales Price) $125,000 (Median Sales Price) $118,500 (Median Sales Price) $125,000 (Median Sales Price) $90,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure 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) $140,000 (Median Sales Price) $131,090 (Median Sales Price) $131,201 (Median Sales Price) $125,000 (Median Sales Price) $118,500 (Median Sales Price) $125,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
46
58.6
% (y-o-y)
$47,500
31.4
% (y-o-y)
42.1%
53.1
% (y-o-y)
Schererville
45
19.6
% (y-o-y)
Data not available
Data not available
Munster
40
25.9
% (y-o-y)
Data not available
Data not available
Lansing
31
60.8
% (y-o-y)
$76,000
22.8
% (y-o-y)
24.0%
53.8
% (y-o-y)
Dyer
29
16.0
% (y-o-y)
$75,000
0.0
% (y-o-y)
Data not available
Cedar Lake
28
3.7
% (y-o-y)
Data not available
Data not available
Homewood
27
50.0
% (y-o-y)
$131,500
1.2
% (y-o-y)
53.2%
27.7
% (y-o-y)
Park Forest
24
61.3
% (y-o-y)
$40,000
14.0
% (y-o-y)
35.0%
33.3
% (y-o-y)
Saint John
20
25.9
% (y-o-y)
Data not available
Data not available
Hazel Crest
20
45.9
% (y-o-y)
$70,000
1.4
% (y-o-y)
41.8%
46.4
% (y-o-y)

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: 7.20%
Percentage of vacant homes: 6.43%