Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $184,900
    9% ( $15,000 ) vs Feb 2015
  • Median Sales Price
    $175,000
    1% ( $2,000 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $101,000
    0% ( $500 ) vs Feb 2015
  • Foreclosures View
    Homes for Sale 40,287
    Recently Sold 84,623

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 40,287.

In March, the number of properties that received a foreclosure filing in IL was 0% lower than the previous month and 43% lower than the same time last year.

Home sales for February 2016 were up 29% compared with the previous month, and up 49% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $101,000, or 42% lower than non-distressed home sales.

Sales Prices - Illinois




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$101,000 (Median Foreclosure Sales Price) $101,500 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,075 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $177,000 (Median Sales Price) $175,000 (Median Sales Price) $171,750 (Median Sales Price) $125,000 (Median Sales Price) $150,000 (Median Sales Price) $101,000 (Median Foreclosure Sales Price) $101,500 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,075 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $177,000 (Median Sales Price) $175,000 (Median Sales Price) $171,750 (Median Sales Price) $125,000 (Median Sales Price) $150,000 (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
2,661
48.5
% (y-o-y)
$245,000
0.0
% (y-o-y)
59.6%
60.8
% (y-o-y)
Aurora
195
62.5
% (y-o-y)
$147,750
2.6
% (y-o-y)
32.3%
32.3
% (y-o-y)
Rockford
193
33.1
% (y-o-y)
$72,500
26.4
% (y-o-y)
51.7%
23.4
% (y-o-y)
Joliet
177
94.5
% (y-o-y)
$107,000
6.5
% (y-o-y)
15.2%
21.4
% (y-o-y)
Naperville
147
79.3
% (y-o-y)
$340,000
7.9
% (y-o-y)
23.5%
11.1
% (y-o-y)
Peoria
140
50.5
% (y-o-y)
$100,000
19.7
% (y-o-y)
72.5%
56.0
% (y-o-y)
PLAINFIELD
124
61.0
% (y-o-y)
$192,500
5.2
% (y-o-y)
10.1%
5.0
% (y-o-y)
Belleville
117
74.6
% (y-o-y)
$115,000
16.8
% (y-o-y)
68.0%
72.1
% (y-o-y)
Elgin
108
40.3
% (y-o-y)
$172,000
18.6
% (y-o-y)
38.7%
16.7
% (y-o-y)
Des Plaines
102
54.5
% (y-o-y)
$162,500
9.7
% (y-o-y)
44.0%
4.2
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 6.80%
Percentage of vacant homes: 9.45%

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