Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $185,000
    3% ( $5,100 ) vs May 2013
  • Median Sales Price
    $187,000
    5% ( $9,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $100,000
    3% ( $3,306 ) vs May 2013
  • Foreclosures View
    Homes for Sale 44,811
    Recently Sold 114,949

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 44,811.

In June, the number of properties that received a foreclosure filing in IL was 23% higher than the previous month and 19% lower than the same time last year.

Home sales for May 2014 were up 7% compared with the previous month, and down 8% compared with a year ago. The median sales price of a non-distressed home was $187,000. The median sales price of a foreclosure home was $100,000, or 47% lower than non-distressed home sales.

Sales Prices - Illinois




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$100,000 (Median Foreclosure Sales Price) $96,694 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $95,500 (Median Foreclosure Sales Price) $99,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $187,000 (Median Sales Price) $178,000 (Median Sales Price) $170,000 (Median Sales Price) $168,250 (Median Sales Price) $168,000 (Median Sales Price) $168,000 (Median Sales Price) $100,000 (Median Foreclosure Sales Price) $96,694 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $95,500 (Median Foreclosure Sales Price) $99,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $187,000 (Median Sales Price) $178,000 (Median Sales Price) $170,000 (Median Sales Price) $168,250 (Median Sales Price) $168,000 (Median Sales Price) $168,000 (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
3,647
16.7
% (y-o-y)
$277,000
13.5
% (y-o-y)
65.7%
68.0
% (y-o-y)
Rockford
269
9.7
% (y-o-y)
$63,000
21.3
% (y-o-y)
53.2%
55.8
% (y-o-y)
Aurora
257
20.9
% (y-o-y)
$136,500
2.4
% (y-o-y)
31.3%
37.6
% (y-o-y)
Naperville
219
5.2
% (y-o-y)
$345,000
4.5
% (y-o-y)
32.6%
16.5
% (y-o-y)
Peoria
196
13.3
% (y-o-y)
$96,050
3.2
% (y-o-y)
53.1%
50.6
% (y-o-y)
Champaign
173
7.5
% (y-o-y)
$136,000
3.0
% (y-o-y)
58.1%
60.8
% (y-o-y)
PLAINFIELD
156
2.5
% (y-o-y)
$181,500
6.6
% (y-o-y)
11.8%
19.6
% (y-o-y)
Joliet
153
24.3
% (y-o-y)
$95,000
5.0
% (y-o-y)
16.1%
9.8
% (y-o-y)
Arlington Heights
149
25.2
% (y-o-y)
$265,000
10.4
% (y-o-y)
47.2%
66.3
% (y-o-y)
Evanston
146
15.0
% (y-o-y)
$315,000
4.5
% (y-o-y)
28.6%
67.7
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 7.20%
Percentage of vacant homes: 9.45%