Illinois Home Values & Market Trends

There have been 168,967 properties sold in the Illinois real estate market trends. Median home values in the Illinois housing market are $254,500.45. The median residential home value for transactions over the last 12 months is 222,480.513. The State of Illinois currently has 15,807 properties in foreclosure, 1,282 bank owned properties, and 2,424 headed for auction.

Illinois Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Cook

$ 289,335

$ 200/sqft

Pike

$ 100,385

$ 76/sqft

St. Clair

$ 180,000

$ 104/sqft

Warren

$ 112,526

$ 78/sqft

Madison

$ 166,500

$ 106/sqft

Saline

$ 84,731

$ 49/sqft

Dupage

$ 404,066

$ 215/sqft

Knox

$ 118,074

$ 87/sqft

Lake

$ 339,862

$ 178/sqft

White

$ 134,092

$ 82/sqft

Winnebago

$ 169,014

$ 108/sqft

Clay

$ 76,000

$ 65/sqft

Peoria

$ 126,938

$ 75/sqft

Grundy

$ 318,254

$ 155/sqft

Mclean

$ 224,166

$ 91/sqft

Fayette

$ 129,064

$ 83/sqft

Will

$ 340,329

$ 172/sqft

Wayne

$ 181,250

$ 72/sqft

Kane

$ 315,953

$ 177/sqft

Mason

$ 84,319

$ 62/sqft

Rock Island

$ 127,794

$ 104/sqft

Coles

$ 165,279

$ 87/sqft

Mchenry

$ 324,900

$ 170/sqft

Piatt

$ 184,711

$ 110/sqft

Tazewell

$ 162,382

$ 96/sqft

Washington

$ 130,141

$ 86/sqft

Sangamon

$ 140,014

$ 89/sqft

Lawrence

$ 158,824

$ 85/sqft

Williamson

$ 142,618

$ 88/sqft

Greene

$ 56,215

$ 49/sqft

Lasalle

$ 148,911

$ 114/sqft

Bond

$ 95,187

$ 69/sqft

Macoupin

$ 128,784

$ 93/sqft

Livingston

$ 161,692

$ 83/sqft

Franklin

$ 63,414

$ 49/sqft

Ford

$ 164,593

$ 85/sqft

Jo Daviess

$ 290,047

$ 165/sqft

Marshall

$ 145,609

$ 78/sqft

Boone

$ 240,267

$ 127/sqft

Douglas

$ 166,353

$ 95/sqft

Stephenson

$ 194,533

$ 116/sqft

De Witt

$ 303,153

$ 79/sqft

Champaign

$ 206,785

$ 125/sqft

Perry

$ 199,162

$ 101/sqft

Ogle

$ 169,900

$ 99/sqft

Edwards

$ 78,523

$ 51/sqft

Marion

$ 95,310

$ 63/sqft

Richland

$ 379,900

$ 148/sqft

Jefferson

$ 43,959

$ 35/sqft

Morgan

$ 84,935

$ 82/sqft

Jackson

$ 83,190

$ 55/sqft

Johnson

$ 117,062

$ 61/sqft

Woodford

$ 211,796

$ 92/sqft

Pope

$ 212,883

$ 117/sqft

Kendall

$ 370,895

$ 173/sqft

Iroquois

$ 184,950

$ 100/sqft

Kankakee

$ 164,522

$ 116/sqft

Cass

$ 130,330

$ 68/sqft

Carroll

$ 118,661

$ 82/sqft

Union

$ 87,294

$ 65/sqft

Whiteside

$ 101,580

$ 74/sqft

Gallatin

$ 89,753

$ 52/sqft

Clinton

$ 194,932

$ 107/sqft

Alexander

$ --

$ --

Crawford

$ 169,671

$ 99/sqft

Schuyler

$ 254,921

$ 109/sqft

Macon

$ 90,303

$ 66/sqft

Hamilton

$ 53,112

$ 56/sqft

Adams

$ 140,853

$ 85/sqft

Pulaski

$ 66,012

$ 42/sqft

Hancock

$ 141,980

$ 86/sqft

Putnam

$ 201,465

$ 229/sqft

Jersey

$ 189,769

$ 117/sqft

Henderson

$ 98,181

$ 104/sqft

Fulton

$ 115,243

$ 75/sqft

Brown

$ 133,100

$ 89/sqft

Randolph

$ 130,000

$ 72/sqft

Menard

$ 159,427

$ 93/sqft

Mcdonough

$ 68,015

$ 46/sqft

Stark

$ 203,433

$ 89/sqft

Monroe

$ 247,681

$ 146/sqft

Cumberland

$ 74,900

$ 47/sqft

Wabash

$ 158,510

$ 84/sqft

Logan

$ 104,748

$ 88/sqft

Montgomery

$ 86,750

$ 59/sqft

Edgar

$ 54,659

$ 39/sqft

Dekalb

$ 253,986

$ 164/sqft

Scott

$ 83,465

$ 60/sqft

Mercer

$ 168,363

$ 101/sqft

Shelby

$ --

$ --

Massac

$ 83,437

$ 70/sqft

Effingham

$ 467,630

$ 112/sqft

Henry

$ 185,068

$ 88/sqft

Moultrie

$ 133,588

$ 112/sqft

Christian

$ 105,232

$ 64/sqft

Calhoun

$ --

$ --

Vermilion

$ 53,262

$ 44/sqft

Jasper

$ --

$ --

Bureau

$ 117,084

$ 90/sqft

Clark

$ --

$ --

Lee

$ 141,707

$ 105/sqft

Hardin

$ --

$ --

See More

Housing Market Summary for Illinois

Apr 2023March 2024Change
Median Listing Price$217.2K$247.8K14.09%
Median Sold Price$249.3K$247.8K-0.59%
Homes For Sale7,2796,782-6.83%
Homes Sold96,65988,756-8.18%
Price
$/Sqft
Homes For Sale
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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%.

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Browse Homes in Illinois

There are currently 7,506 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 3,826,769, and the percentage of properties for sale is 7506.00%.

Foreclosure
There are 102 counties within Illinois; within these counties, the median estimated home value for homes in foreclosure ranges from $222,297 in Jefferson to the lowest value of $10,610 in Jefferson. Foreclosure homes account for 0.00% of properties in Illinois with Cook containing 6845 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.32% of all residential properties in Illinois with Cook containing 5243 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Illinois ranges from the highest value of $6,735,107 in Woodford 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 555 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Cook has 1047 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 Jo Daviess to the lowest value of $13,010 in Jo Daviess.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in Illinois with Cook containing 2149 homes for sale, the highest number of listed properties in a single county. There are 102 counties within Illinois; homes for sale in those counties, have a range of median values from $467,630 in Effingham to the lowest value of $10,320 in Mason.
    Sold Homes
    The median value for recently sold homes ranges from $1,384,488 in Grundy to the lowest price of $6,049 in Grundy. There are 102 counties within Illinois. Cook has 36580 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.53% of properties in Illinois.

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      Guide for Illinois

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.