Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,900
    12% ( $19,900 ) vs Mar 2014
  • Median Sales Price
    $167,000
    2% ( $3,000 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $107,006
    2% ( $2,006 ) vs Mar 2014
  • Foreclosures View
    Homes for Sale 39,169
    Recently Sold 55,822

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 39,169.

In April, the number of properties that received a foreclosure filing in IL was 35% lower than the previous month and 1% higher than the same time last year.

Home sales for March 2015 were down 69% compared with the previous month, and down 82% compared with a year ago. The median sales price of a non-distressed home was $167,000. The median sales price of a foreclosure home was $107,006, or 36% lower than non-distressed home sales.

Sales Prices - Illinois




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$107,006 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $102,000 (Median Foreclosure Sales Price) $100,750 (Median Foreclosure Sales Price) $103,334 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $167,000 (Median Sales Price) $170,000 (Median Sales Price) $174,000 (Median Sales Price) $177,950 (Median Sales Price) $185,000 (Median Sales Price) $192,500 (Median Sales Price) $107,006 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $102,000 (Median Foreclosure Sales Price) $100,750 (Median Foreclosure Sales Price) $103,334 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $167,000 (Median Sales Price) $170,000 (Median Sales Price) $174,000 (Median Sales Price) $177,950 (Median Sales Price) $185,000 (Median Sales Price) $192,500 (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
1,149
62.8
% (y-o-y)
$240,000
2.0
% (y-o-y)
59.2%
63.5
% (y-o-y)
Rockford
133
45.3
% (y-o-y)
$55,600
1.6
% (y-o-y)
18.1%
48.4
% (y-o-y)
Aurora
107
52.2
% (y-o-y)
$140,000
16.7
% (y-o-y)
19.3%
26.7
% (y-o-y)
Joliet
80
50.6
% (y-o-y)
$110,000
14.6
% (y-o-y)
36.4%
16.7
% (y-o-y)
Waukegan
74
22.9
% (y-o-y)
$82,500
6.7
% (y-o-y)
41.6%
43.6
% (y-o-y)
Peoria
68
54.4
% (y-o-y)
$81,050
3.2
% (y-o-y)
44.6%
45.9
% (y-o-y)
Elgin
66
56.0
% (y-o-y)
$150,000
10.7
% (y-o-y)
26.0%
34.8
% (y-o-y)
Round Lake
57
25.0
% (y-o-y)
$108,450
3.8
% (y-o-y)
6.0%
18.6
% (y-o-y)
Plainfield
54
59.7
% (y-o-y)
$178,750
1.1
% (y-o-y)
6.9%
13.7
% (y-o-y)
Calumet City
52
4.0
% (y-o-y)
$46,000
8.9
% (y-o-y)
37.0%
16.6
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 6.30%
Percentage of vacant homes: 9.45%