Illinois Home Values & Market Trends
There have been 171,323 properties sold in the Illinois real estate market trends. Median home values in the Illinois housing market are $254,504.42. The median residential home value for transactions over the last 12 months is 222,339.228. The State of Illinois currently has 16,188 properties in foreclosure, 1,283 bank owned properties, and 2,426 headed for auction.
Illinois Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Cook | $ 291,437 $ 199/sqft | Lee | $ 142,107 $ 114/sqft |
| St. Clair | $ 177,262 $ 101/sqft | Bureau | $ 117,431 $ 90/sqft |
| Madison | $ 169,900 $ 106/sqft | Warren | $ 126,053 $ 78/sqft |
| Dupage | $ 411,709 $ 216/sqft | White | $ 135,689 $ 84/sqft |
| Lake | $ 340,841 $ 180/sqft | Fayette | $ 117,820 $ 79/sqft |
| Winnebago | $ 168,889 $ 108/sqft | Saline | $ 81,754 $ 49/sqft |
| Peoria | $ 134,775 $ 78/sqft | Grundy | $ 338,330 $ 151/sqft |
| Will | $ 338,402 $ 172/sqft | Wayne | $ 154,450 $ 77/sqft |
| Mclean | $ 219,066 $ 91/sqft | Mason | $ 84,319 $ 61/sqft |
| Kane | $ 317,476 $ 177/sqft | Clay | $ 74,000 $ 66/sqft |
| Rock Island | $ 127,794 $ 104/sqft | Greene | $ 58,004 $ 52/sqft |
| Mchenry | $ 325,231 $ 166/sqft | Coles | $ 166,559 $ 84/sqft |
| Tazewell | $ 153,569 $ 97/sqft | Washington | $ 130,141 $ 86/sqft |
| Sangamon | $ 135,111 $ 87/sqft | Piatt | $ 174,900 $ 99/sqft |
| Williamson | $ 143,334 $ 92/sqft | Marshall | $ 135,502 $ 80/sqft |
| Macoupin | $ 124,900 $ 89/sqft | Ford | $ 179,900 $ 86/sqft |
| Lasalle | $ 149,000 $ 114/sqft | Bond | $ 95,187 $ 69/sqft |
| Franklin | $ 63,414 $ 49/sqft | Lawrence | $ 158,824 $ 101/sqft |
| Jo Daviess | $ 289,900 $ 170/sqft | Livingston | $ 161,692 $ 83/sqft |
| Champaign | $ 189,900 $ 116/sqft | Richland | $ 279,900 $ 133/sqft |
| Boone | $ 256,464 $ 130/sqft | Douglas | $ 166,284 $ 97/sqft |
| Ogle | $ 179,950 $ 102/sqft | Perry | $ 199,162 $ 101/sqft |
| Stephenson | $ 194,932 $ 107/sqft | Cass | $ 128,776 $ 66/sqft |
| Marion | $ 98,159 $ 67/sqft | De Witt | $ 299,000 $ 73/sqft |
| Kendall | $ 366,516 $ 167/sqft | Iroquois | $ 184,950 $ 100/sqft |
| Woodford | $ 227,358 $ 101/sqft | Johnson | $ 117,062 $ 61/sqft |
| Jefferson | $ 46,850 $ 36/sqft | Pope | $ 212,883 $ 117/sqft |
| Jackson | $ 81,845 $ 54/sqft | Edwards | $ 77,106 $ 52/sqft |
| Kankakee | $ 161,332 $ 115/sqft | Hamilton | $ 51,822 $ 48/sqft |
| Whiteside | $ 108,694 $ 76/sqft | Union | $ 87,294 $ 65/sqft |
| Carroll | $ 118,661 $ 82/sqft | Gallatin | $ 89,753 $ 52/sqft |
| Clinton | $ 190,353 $ 100/sqft | Alexander | $ -- $ -- |
| Adams | $ 128,674 $ 85/sqft | Schuyler | $ 254,921 $ 109/sqft |
| Hancock | $ 147,500 $ 86/sqft | Putnam | $ 204,416 $ 158/sqft |
| Macon | $ 90,311 $ 66/sqft | Morgan | $ 73,096 $ 72/sqft |
| Fulton | $ 117,233 $ 73/sqft | Brown | $ 34,747 $ 89/sqft |
| Mcdonough | $ 64,364 $ 46/sqft | Pulaski | $ 66,012 $ 42/sqft |
| Dekalb | $ 238,009 $ 159/sqft | Cumberland | $ 74,900 $ 47/sqft |
| Crawford | $ 195,052 $ 102/sqft | Logan | $ 104,748 $ 88/sqft |
| Montgomery | $ 91,455 $ 62/sqft | Edgar | $ 54,659 $ 39/sqft |
| Randolph | $ 130,000 $ 72/sqft | Henderson | $ 98,181 $ 104/sqft |
| Jersey | $ 178,341 $ 116/sqft | Menard | $ 138,930 $ 87/sqft |
| Henry | $ 191,457 $ 88/sqft | Stark | $ 203,433 $ 89/sqft |
| Mercer | $ 169,072 $ 100/sqft | Effingham | $ 467,630 $ 112/sqft |
| Christian | $ 94,260 $ 62/sqft | Moultrie | $ 133,588 $ 112/sqft |
| Vermilion | $ 35,000 $ 33/sqft | Scott | $ 83,465 $ 60/sqft |
| Massac | $ 72,347 $ 70/sqft | Shelby | $ -- $ -- |
| Monroe | $ 249,191 $ 149/sqft | Hardin | $ -- $ -- |
| Wabash | $ 158,510 $ 84/sqft | Calhoun | $ -- $ -- |
| Pike | $ 139,814 $ 77/sqft | Jasper | $ -- $ -- |
| Knox | $ 104,307 $ 84/sqft | Clark | $ -- $ -- |
Housing Market Summary for Illinois
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $217.2K | $247.8K | 14.09% |
| Median Sold Price | $249.3K | $247.8K | -0.59% |
| Homes For Sale | 7,279 | 6,782 | -6.83% |
| Homes Sold | 96,659 | 88,756 | -8.18% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Illinois
Browse Homes in Illinois
There are currently 7,791 properties for sale in Illinois. The current home value ranges in price from 1 to 6,995,000. The total count of properties in the state is 3,826,825, and the percentage of properties for sale is 7791.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.33% of all residential properties in Illinois with Cook containing 5427 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 102 counties within Illinois; of those counties, the estimated home value for pre-foreclosure homes ranges from $10,092,979 in Johnson to the lowest home value of $13,230 in Montgomery.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Illinois ranges from the highest value of $6,735,107 in Boone to the lowest value of $10,610 in Jefferson. Bank owned homes and properties account for 0.03% of properties in Illinois. There are 102 counties within Illinois; Cook containing 547 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsCook has 1040 auction properties, the highest number of properties going to auction in a single county in the state of Illinois. Auction homes and other auction properties account for 0.06% of all properties in Illinois. There are 102 counties within Illinois; of those counties, the median estimated home value for homes going to auction ranges from $2,670,500 in Mercer to the lowest value of $18,300 in Mercer.
Compare Nearby Cities
More Real Estate Resources for Illinois
Guide for Illinois
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
