Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,900
    0% ( $0 ) vs May 2014
  • Median Sales Price
    $186,000
    13% ( $20,700 ) vs May 2014
  • Median Foreclosure Sales Price
    $110,500
    0% ( $500 ) vs May 2014
  • Foreclosures View
    Homes for Sale 43,811
    Recently Sold 35,663

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 43,811.

In June, the number of properties that received a foreclosure filing in IL was 16% lower than the previous month and 29% lower than the same time last year.

Home sales for May 2015 were up 89% compared with the previous month, and down 43% compared with a year ago. The median sales price of a non-distressed home was $186,000. The median sales price of a foreclosure home was $110,500, or 41% lower than non-distressed home sales.

Sales Prices - Illinois




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$110,500 (Median Foreclosure 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) $186,000 (Median Sales Price) $165,300 (Median Sales Price) $166,000 (Median Sales Price) $170,000 (Median Sales Price) $174,000 (Median Sales Price) $177,500 (Median Sales Price) $110,500 (Median Foreclosure 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) $186,000 (Median Sales Price) $165,300 (Median Sales Price) $166,000 (Median Sales Price) $170,000 (Median Sales Price) $174,000 (Median Sales Price) $177,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,591
29.0
% (y-o-y)
$276,500
0.5
% (y-o-y)
60.9%
65.8
% (y-o-y)
Rockford
230
14.5
% (y-o-y)
$71,915
14.2
% (y-o-y)
40.3%
53.2
% (y-o-y)
Aurora
175
32.7
% (y-o-y)
$153,750
10.6
% (y-o-y)
26.5%
31.7
% (y-o-y)
Peoria
155
20.9
% (y-o-y)
$97,000
1.0
% (y-o-y)
47.6%
53.1
% (y-o-y)
Belleville
131
22.4
% (y-o-y)
$110,000
0.5
% (y-o-y)
68.2%
70.3
% (y-o-y)
Naperville
125
42.9
% (y-o-y)
$321,750
6.7
% (y-o-y)
26.0%
32.6
% (y-o-y)
Elgin
121
12.9
% (y-o-y)
$150,000
9.1
% (y-o-y)
30.7%
36.7
% (y-o-y)
Palatine
93
19.8
% (y-o-y)
$250,000
13.6
% (y-o-y)
51.8%
44.2
% (y-o-y)
Des Plaines
88
26.7
% (y-o-y)
$171,000
8.9
% (y-o-y)
22.2%
39.2
% (y-o-y)
Schaumburg
88
27.9
% (y-o-y)
$182,000
13.7
% (y-o-y)
30.2%
35.9
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 5.60%
Percentage of vacant homes: 9.45%