Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,000
    0% ( $900 ) vs Jul 2013
  • Median Sales Price
    $200,000
    3% ( $5,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $109,000
    4% ( $4,000 ) vs Jul 2013
  • Foreclosures View
    Homes for Sale 44,980
    Recently Sold 109,550

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 44,980.

In August, the number of properties that received a foreclosure filing in IL was 11% lower than the previous month and 14% lower than the same time last year.

Home sales for July 2014 were down 12% compared with the previous month, and down 53% compared with a year ago. The median sales price of a non-distressed home was $200,000. The median sales price of a foreclosure home was $109,000, or 46% lower than non-distressed home sales.

Sales Prices - Illinois




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$109,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $95,500 (Median Foreclosure Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $186,000 (Median Sales Price) $178,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (Median Sales Price) $109,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $95,500 (Median Foreclosure Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $186,000 (Median Sales Price) $178,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (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
2,412
56.8
% (y-o-y)
$290,000
5.5
% (y-o-y)
67.2%
69.8
% (y-o-y)
Rockford
212
49.0
% (y-o-y)
$65,834
16.7
% (y-o-y)
49.0%
55.1
% (y-o-y)
Naperville
207
44.9
% (y-o-y)
$349,000
3.5
% (y-o-y)
30.4%
24.1
% (y-o-y)
Aurora
170
54.3
% (y-o-y)
$144,000
5.9
% (y-o-y)
27.3%
41.5
% (y-o-y)
Joliet
163
33.5
% (y-o-y)
$107,000
2.7
% (y-o-y)
16.4%
4.9
% (y-o-y)
Peoria
148
41.5
% (y-o-y)
$108,500
1.4
% (y-o-y)
59.4%
53.9
% (y-o-y)
PLAINFIELD
145
37.0
% (y-o-y)
$200,000
3.8
% (y-o-y)
15.8%
16.3
% (y-o-y)
Belleville
130
34.3
% (y-o-y)
$92,750
20.0
% (y-o-y)
64.4%
60.2
% (y-o-y)
Elgin
126
49.4
% (y-o-y)
$144,500
4.3
% (y-o-y)
33.4%
37.9
% (y-o-y)
Arlington Heights
104
49.5
% (y-o-y)
$305,000
9.5
% (y-o-y)
54.9%
55.1
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 7.00%
Percentage of vacant homes: 9.45%