Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $178,000
    1% ( $2,000 ) vs Sep 2013
  • Median Sales Price
    $205,000
    0% ( $0 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $110,000
    1% ( $1,000 ) vs Sep 2013
  • Foreclosures View
    Homes for Sale 18,577
    Recently Sold 117,867

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 18,577.

In October, the number of properties that received a foreclosure filing in IL was 11% higher than the previous month and 22% lower than the same time last year.

Home sales for September 2014 were up 25% compared with the previous month, and up 2% compared with a year ago. The median sales price of a non-distressed home was $205,000. The median sales price of a foreclosure home was $110,000, or 46% lower than non-distressed home sales.

Sales Prices - Illinois




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$110,000 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $186,000 (Median Sales Price) $178,000 (Median Sales Price) $110,000 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $109,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $186,000 (Median Sales Price) $178,000 (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
4,445
3.5
% (y-o-y)
$290,000
5.8
% (y-o-y)
65.5%
67.7
% (y-o-y)
Rockford
277
36.8
% (y-o-y)
$70,500
9.6
% (y-o-y)
55.9%
42.3
% (y-o-y)
Aurora
266
34.3
% (y-o-y)
$151,500
8.2
% (y-o-y)
35.3%
41.2
% (y-o-y)
Joliet
237
20.2
% (y-o-y)
$113,056
1.9
% (y-o-y)
21.3%
6.1
% (y-o-y)
Naperville
217
24.4
% (y-o-y)
$355,375
1.6
% (y-o-y)
36.0%
32.2
% (y-o-y)
Peoria
204
4.2
% (y-o-y)
$100,000
1.5
% (y-o-y)
62.5%
69.5
% (y-o-y)
PLAINFIELD
188
15.3
% (y-o-y)
$204,000
7.1
% (y-o-y)
18.7%
8.7
% (y-o-y)
Schaumburg
180
4.3
% (y-o-y)
$205,000
6.8
% (y-o-y)
23.2%
45.9
% (y-o-y)
Elgin
178
8.7
% (y-o-y)
$161,500
15.4
% (y-o-y)
30.3%
38.6
% (y-o-y)
Evanston
153
18.6
% (y-o-y)
$355,000
9.2
% (y-o-y)
53.8%
43.1
% (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%