Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $209,000
    2% ( $4,500 ) vs Jun 2015
  • Median Sales Price
    $190,000
    3% ( $5,000 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $96,500
    2% ( $1,500 ) vs Jun 2015
  • Foreclosures View
    Homes for Sale 42,739
    Recently Sold 42,426

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 42,739.

In July, the number of properties that received a foreclosure filing in IL was 22% lower than the previous month and 35% lower than the same time last year.

Home sales for June 2016 were down 30% compared with the previous month, and down 46% compared with a year ago. The median sales price of a non-distressed home was $190,000. The median sales price of a foreclosure home was $96,500, or 49% lower than non-distressed home sales.

Sales Prices - Illinois




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$96,500 (Median Foreclosure 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) $190,000 (Median Sales Price) $185,000 (Median Sales Price) $184,550 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $96,500 (Median Foreclosure 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) $190,000 (Median Sales Price) $185,000 (Median Sales Price) $184,550 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (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
591
70.3
% (y-o-y)
$253,500
12.9
% (y-o-y)
71.5%
62.8
% (y-o-y)
Rockford
106
44.5
% (y-o-y)
$80,000
11.1
% (y-o-y)
55.3%
47.8
% (y-o-y)
Peoria
86
186.7
% (y-o-y)
$88,500
11.5
% (y-o-y)
65.7%
60.8
% (y-o-y)
Joliet
84
22.9
% (y-o-y)
$130,905
30.9
% (y-o-y)
44.6%
2.0
% (y-o-y)
PLAINFIELD
75
5.6
% (y-o-y)
$217,500
13.9
% (y-o-y)
21.8%
8.4
% (y-o-y)
Aurora
73
36.5
% (y-o-y)
$173,000
9.5
% (y-o-y)
39.1%
31.7
% (y-o-y)
Naperville
71
26.8
% (y-o-y)
$339,750
7.9
% (y-o-y)
24.9%
8.8
% (y-o-y)
Round Lake
55
44.7
% (y-o-y)
$145,000
13.9
% (y-o-y)
35.9%
16.7
% (y-o-y)
Waukegan
47
4.4
% (y-o-y)
$100,000
11.1
% (y-o-y)
40.5%
38.3
% (y-o-y)
Bolingbrook
46
22.0
% (y-o-y)
$195,000
14.6
% (y-o-y)
22.4%
12.6
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 6.00%
Percentage of vacant homes: 9.45%

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