Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,900
    3% ( $4,900 ) vs Apr 2015
  • Median Sales Price
    $185,000
    4% ( $7,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $96,950
    2% ( $2,150 ) vs Apr 2015
  • Foreclosures View
    Homes for Sale 42,381
    Recently Sold 61,537

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 42,381.

In May, the number of properties that received a foreclosure filing in IL was 7% higher than the previous month and 13% lower than the same time last year.

Home sales for April 2016 were down 21% compared with the previous month, and up 99% compared with a year ago. The median sales price of a non-distressed home was $185,000. The median sales price of a foreclosure home was $96,950, or 48% lower than non-distressed home sales.

Sales Prices - Illinois




Add this chart to your website.

$96,950 (Median Foreclosure Sales Price) $99,100 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $101,279 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $165,500 (Median Sales Price) $96,950 (Median Foreclosure Sales Price) $99,100 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $101,279 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $165,500 (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
2,423
44.1
% (y-o-y)
$255,500
2.2
% (y-o-y)
65.0%
61.1
% (y-o-y)
Rockford
261
87.8
% (y-o-y)
$75,000
17.2
% (y-o-y)
49.3%
35.9
% (y-o-y)
Naperville
191
75.2
% (y-o-y)
$345,000
6.3
% (y-o-y)
26.1%
30.9
% (y-o-y)
Aurora
178
17.9
% (y-o-y)
$156,000
18.4
% (y-o-y)
34.6%
14.2
% (y-o-y)
Peoria
165
54.2
% (y-o-y)
$94,500
11.2
% (y-o-y)
65.1%
50.1
% (y-o-y)
Belleville
159
160.7
% (y-o-y)
$113,250
15.6
% (y-o-y)
66.2%
69.4
% (y-o-y)
PLAINFIELD
107
18.3
% (y-o-y)
$215,000
8.6
% (y-o-y)
19.8%
14.1
% (y-o-y)
Joliet
100
46.2
% (y-o-y)
$130,000
35.4
% (y-o-y)
36.8%
27.1
% (y-o-y)
Round Lake
87
141.7
% (y-o-y)
$129,500
17.7
% (y-o-y)
31.3%
18.2
% (y-o-y)
Elgin
83
22.1
% (y-o-y)
$172,000
12.8
% (y-o-y)
36.0%
32.8
% (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%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)