Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,000
    0% ( $900 ) vs Jun 2014
  • Median Sales Price
    $197,000
    6% ( $11,100 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $114,000
    2% ( $1,750 ) vs Jun 2014
  • Foreclosures View
    Homes for Sale 44,783
    Recently Sold 24,132

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 44,783.

In July, the number of properties that received a foreclosure filing in IL was 25% higher than the previous month and 2% higher than the same time last year.

Home sales for June 2015 were down 45% compared with the previous month, and down 63% compared with a year ago. The median sales price of a non-distressed home was $197,000. The median sales price of a foreclosure home was $114,000, or 42% lower than non-distressed home sales.

Sales Prices - Illinois




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$114,000 (Median Foreclosure Sales Price) $112,250 (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) $197,000 (Median Sales Price) $185,900 (Median Sales Price) $0 (Median Sales Price) $166,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $114,000 (Median Foreclosure Sales Price) $112,250 (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) $197,000 (Median Sales Price) $185,900 (Median Sales Price) $0 (Median Sales Price) $166,000 (Median Sales Price) $0 (Median Sales Price) $0 (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
1,938
24.3
% (y-o-y)
$290,500
0.2
% (y-o-y)
62.5%
66.9
% (y-o-y)
Rockford
190
37.3
% (y-o-y)
$72,000
21.1
% (y-o-y)
47.8%
49.5
% (y-o-y)
Belleville
113
30.2
% (y-o-y)
$115,000
15.0
% (y-o-y)
56.5%
70.5
% (y-o-y)
Aurora
98
62.3
% (y-o-y)
$158,000
9.0
% (y-o-y)
31.1%
31.7
% (y-o-y)
Naperville
77
64.2
% (y-o-y)
$313,500
8.3
% (y-o-y)
9.8%
32.7
% (y-o-y)
Schaumburg
73
31.8
% (y-o-y)
$183,000
13.6
% (y-o-y)
22.4%
29.2
% (y-o-y)
Oak Lawn
66
21.4
% (y-o-y)
$150,000
16.3
% (y-o-y)
25.3%
15.7
% (y-o-y)
Elgin
65
48.8
% (y-o-y)
$158,500
9.3
% (y-o-y)
25.9%
37.2
% (y-o-y)
Des Plaines
64
37.9
% (y-o-y)
$180,000
9.1
% (y-o-y)
31.0%
29.1
% (y-o-y)
Crystal Lake
63
8.7
% (y-o-y)
$202,500
12.0
% (y-o-y)
33.3%
32.5
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 5.90%
Percentage of vacant homes: 9.45%