Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $174,900
    2% ( $3,100 ) vs Oct 2013
  • Median Sales Price
    NO DATA
  • Median Foreclosure Sales Price
    $109,000
    1% ( $1,000 ) vs Oct 2013
  • Foreclosures View
    Homes for Sale 24,069
    Recently Sold 118,358

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 24,069.

In November, the number of properties that received a foreclosure filing in IL was 16% lower than the previous month and 17% lower than the same time last year.

Home sales for October 2014 were down 4% compared with the previous month, and up 24% compared with a year ago. The median sales price of a non-distressed home was $0. The median sales price of a foreclosure home was $109,000, or 0% higher than non-distressed home sales.

Sales Prices - Illinois


  • Foreclosure Discount
    NOT AVAILABLE


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$109,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Sales Price) $205,000 (Median Sales Price) $202,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $109,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Sales Price) $205,000 (Median Sales Price) $202,000 (Median Sales Price) $0 (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
4,435
20.1
% (y-o-y)
$280,000
5.7
% (y-o-y)
62.5%
65.7
% (y-o-y)
Rockford
276
12.9
% (y-o-y)
$70,000
6.7
% (y-o-y)
50.5%
40.0
% (y-o-y)
Aurora
275
17.5
% (y-o-y)
$145,000
6.5
% (y-o-y)
43.1%
36.8
% (y-o-y)
Peoria
264
40.4
% (y-o-y)
$87,500
12.5
% (y-o-y)
61.1%
48.0
% (y-o-y)
Naperville
244
16.7
% (y-o-y)
$350,000
1.8
% (y-o-y)
19.8%
40.4
% (y-o-y)
Elgin
190
25.0
% (y-o-y)
$155,000
12.3
% (y-o-y)
32.3%
37.0
% (y-o-y)
Schaumburg
183
30.7
% (y-o-y)
$196,500
8.6
% (y-o-y)
19.1%
42.3
% (y-o-y)
Joliet
179
18.6
% (y-o-y)
$110,220
0.5
% (y-o-y)
17.0%
9.0
% (y-o-y)
Palatine
159
14.4
% (y-o-y)
$248,000
3.3
% (y-o-y)
59.5%
65.9
% (y-o-y)
Evanston
159
55.9
% (y-o-y)
$354,500
10.8
% (y-o-y)
43.0%
46.9
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 6.20%
Percentage of vacant homes: 9.45%