Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $204,900
    3% ( $5,000 ) vs May 2015
  • Median Sales Price
    $186,000
    1% ( $1,100 ) vs May 2015
  • Median Foreclosure Sales Price
    $95,000
    2% ( $2,000 ) vs May 2015
  • Foreclosures View
    Homes for Sale 42,933
    Recently Sold 52,933

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 42,933.

In June, the number of properties that received a foreclosure filing in IL was 1% lower than the previous month and 3% higher than the same time last year.

Home sales for May 2016 were down 62% compared with the previous month, and down 58% 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 $95,000, or 49% lower than non-distressed home sales.

Sales Prices - Illinois




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$95,000 (Median Foreclosure Sales Price) $97,000 (Median Foreclosure Sales Price) $99,333 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $101,279 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $186,000 (Median Sales Price) $184,900 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $95,000 (Median Foreclosure Sales Price) $97,000 (Median Foreclosure Sales Price) $99,333 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $101,279 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $186,000 (Median Sales Price) $184,900 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (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
754
70.9
% (y-o-y)
$258,000
6.7
% (y-o-y)
69.2%
60.9
% (y-o-y)
Rockford
191
17.0
% (y-o-y)
$78,000
8.5
% (y-o-y)
53.2%
40.3
% (y-o-y)
Aurora
91
49.4
% (y-o-y)
$162,000
5.4
% (y-o-y)
35.8%
25.2
% (y-o-y)
Joliet
75
1.4
% (y-o-y)
$135,500
42.6
% (y-o-y)
46.4%
17.5
% (y-o-y)
Naperville
72
44.6
% (y-o-y)
$339,750
5.0
% (y-o-y)
17.4%
20.2
% (y-o-y)
Plainfield
64
0.0
% (y-o-y)
$217,250
21.7
% (y-o-y)
18.8%
1.7
% (y-o-y)
Bolingbrook
59
18.0
% (y-o-y)
$188,000
8.7
% (y-o-y)
22.9%
18.5
% (y-o-y)
Belleville
52
60.3
% (y-o-y)
$112,250
0.2
% (y-o-y)
63.5%
68.8
% (y-o-y)
Waukegan
48
33.3
% (y-o-y)
$105,000
6.1
% (y-o-y)
38.6%
49.5
% (y-o-y)
Wheeling
46
64.3
% (y-o-y)
$162,500
32.1
% (y-o-y)
13.0%
2.4
% (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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