Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,900
    5% ( $10,000 ) vs Apr 2014
  • Median Sales Price
    $167,000
    0% ( $0 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $110,000
    3% ( $3,000 ) vs Apr 2014
  • Foreclosures View
    Homes for Sale 42,484
    Recently Sold 46,349

Market Summary

There are currently (contact us for foreclosure counts) properties in IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 42,484.

In May, the number of properties that received a foreclosure filing in IL was 9% lower than the previous month and 3% higher than the same time last year.

Home sales for April 2015 were up 130% compared with the previous month, and down 68% compared with a year ago. The median sales price of a non-distressed home was $167,000. The median sales price of a foreclosure home was $110,000, or 34% lower than non-distressed home sales.

Sales Prices - Illinois




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$110,000 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $101,500 (Median Foreclosure Sales Price) $100,750 (Median Foreclosure Sales Price) $103,334 (Median Foreclosure Sales Price) $167,000 (Median Sales Price) $167,000 (Median Sales Price) $170,000 (Median Sales Price) $174,000 (Median Sales Price) $177,500 (Median Sales Price) $185,000 (Median Sales Price) $110,000 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $101,500 (Median Foreclosure Sales Price) $100,750 (Median Foreclosure Sales Price) $103,334 (Median Foreclosure Sales Price) $167,000 (Median Sales Price) $167,000 (Median Sales Price) $170,000 (Median Sales Price) $174,000 (Median Sales Price) $177,500 (Median Sales Price) $185,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,681
59.3
% (y-o-y)
$250,000
4.2
% (y-o-y)
61.2%
65.5
% (y-o-y)
Joliet
177
9.7
% (y-o-y)
$96,000
3.5
% (y-o-y)
27.1%
19.6
% (y-o-y)
Aurora
149
27.0
% (y-o-y)
$131,750
2.9
% (y-o-y)
14.2%
29.3
% (y-o-y)
Rockford
139
44.6
% (y-o-y)
$64,000
10.3
% (y-o-y)
35.9%
53.4
% (y-o-y)
Plainfield
123
19.1
% (y-o-y)
$198,000
10.2
% (y-o-y)
14.1%
8.3
% (y-o-y)
Bolingbrook
109
9.0
% (y-o-y)
$160,000
3.0
% (y-o-y)
12.5%
41.5
% (y-o-y)
Naperville
108
38.3
% (y-o-y)
$324,500
2.3
% (y-o-y)
30.9%
26.4
% (y-o-y)
Peoria
107
43.1
% (y-o-y)
$85,000
0.3
% (y-o-y)
50.1%
46.9
% (y-o-y)
Romeoville
69
1.5
% (y-o-y)
$140,000
12.0
% (y-o-y)
10.0%
8.0
% (y-o-y)
Lockport
69
1.5
% (y-o-y)
$229,900
31.4
% (y-o-y)
10.1%
18.8
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 5.50%
Percentage of vacant homes: 9.45%