Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $174,900
    9% ( $15,000 ) vs Feb 2016
  • Median Sales Price
    $159,500
    0% ( $500 ) vs Feb 2016
  • Median Foreclosure Sales Price
    $84,800
    1% ( $1,200 ) vs Feb 2016
  • Foreclosures View
    Homes for Sale 28,546
    Recently Sold 17,232

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 28,546.

In March, the number of properties that received a foreclosure filing in IL was 3% higher than the previous month and 7% lower than the same time last year.

Home sales for February 2017 were down 30% compared with the previous month, and down 85% compared with a year ago. The median sales price of a non-distressed home was $159,500. The median sales price of a foreclosure home was $84,800, or 47% lower than non-distressed home sales.

Sales Prices - Illinois




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$84,800 (Median Foreclosure Sales Price) $86,000 (Median Foreclosure Sales Price) $85,000 (Median Foreclosure Sales Price) $85,000 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $103,000 (Median Foreclosure Sales Price) $159,500 (Median Sales Price) $160,000 (Median Sales Price) $162,000 (Median Sales Price) $167,000 (Median Sales Price) $181,000 (Median Sales Price) $187,000 (Median Sales Price) $84,800 (Median Foreclosure Sales Price) $86,000 (Median Foreclosure Sales Price) $85,000 (Median Foreclosure Sales Price) $85,000 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $103,000 (Median Foreclosure Sales Price) $159,500 (Median Sales Price) $160,000 (Median Sales Price) $162,000 (Median Sales Price) $167,000 (Median Sales Price) $181,000 (Median Sales Price) $187,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, 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
512
80.8
% (y-o-y)
$179,750
26.6
% (y-o-y)
65.0%
59.6
% (y-o-y)
Rockford
71
63.2
% (y-o-y)
$64,000
11.7
% (y-o-y)
59.8%
51.7
% (y-o-y)
Joliet
39
78.0
% (y-o-y)
$120,175
12.3
% (y-o-y)
33.6%
15.2
% (y-o-y)
Calumet City
35
35.2
% (y-o-y)
$83,000
45.6
% (y-o-y)
53.0%
59.6
% (y-o-y)
PLAINFIELD
34
72.6
% (y-o-y)
$193,250
0.4
% (y-o-y)
16.9%
10.1
% (y-o-y)
Peoria
33
76.4
% (y-o-y)
$80,250
19.8
% (y-o-y)
64.9%
72.5
% (y-o-y)
Chicago Heights
31
65.2
% (y-o-y)
$67,029
9.9
% (y-o-y)
53.8%
49.6
% (y-o-y)
Romeoville
30
52.4
% (y-o-y)
$150,000
5.3
% (y-o-y)
10.0%
19.4
% (y-o-y)
Waukegan
27
68.6
% (y-o-y)
$108,000
1.9
% (y-o-y)
42.9%
43.4
% (y-o-y)
Bolingbrook
27
70.7
% (y-o-y)
$193,000
11.2
% (y-o-y)
25.9%
24.8
% (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%

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