Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $179,900
    2% ( $3,000 ) vs Nov 2014
  • Median Sales Price
    $171,750
    37% ( $46,750 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $107,000
    3% ( $3,000 ) vs Nov 2014
  • Foreclosures View
    Homes for Sale 33,915
    Recently Sold 103,396

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 33,915.

In December, the number of properties that received a foreclosure filing in IL was 15% lower than the previous month and 34% lower than the same time last year.

Home sales for November 2015 were up 879% compared with the previous month, and down 55% compared with a year ago. The median sales price of a non-distressed home was $171,750. The median sales price of a foreclosure home was $107,000, or 38% lower than non-distressed home sales.

Sales Prices - Illinois




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$107,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,075 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $113,802 (Median Foreclosure Sales Price) $171,750 (Median Sales Price) $125,000 (Median Sales Price) $150,000 (Median Sales Price) $215,667 (Median Sales Price) $205,000 (Median Sales Price) $196,000 (Median Sales Price) $107,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,075 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $113,802 (Median Foreclosure Sales Price) $171,750 (Median Sales Price) $125,000 (Median Sales Price) $150,000 (Median Sales Price) $215,667 (Median Sales Price) $205,000 (Median Sales Price) $196,000 (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
1,889
28.5
% (y-o-y)
$237,000
12.4
% (y-o-y)
57.4%
64.9
% (y-o-y)
Rockford
176
25.7
% (y-o-y)
$70,150
0.4
% (y-o-y)
46.9%
46.4
% (y-o-y)
Aurora
142
24.5
% (y-o-y)
$152,500
11.8
% (y-o-y)
25.1%
40.6
% (y-o-y)
Peoria
101
36.1
% (y-o-y)
$83,500
9.2
% (y-o-y)
65.0%
64.7
% (y-o-y)
Oak Forest
100
177.8
% (y-o-y)
$112,500
27.4
% (y-o-y)
6.2%
34.8
% (y-o-y)
Elgin
79
49.7
% (y-o-y)
$155,000
2.0
% (y-o-y)
31.0%
39.5
% (y-o-y)
Belleville
78
24.3
% (y-o-y)
$85,500
14.5
% (y-o-y)
35.7%
49.3
% (y-o-y)
Joliet
78
50.0
% (y-o-y)
$106,920
1.2
% (y-o-y)
26.6%
16.4
% (y-o-y)
Oak Lawn
71
12.3
% (y-o-y)
$154,500
4.0
% (y-o-y)
25.1%
53.5
% (y-o-y)
Chicago Heights
71
7.6
% (y-o-y)
$78,250
9.4
% (y-o-y)
63.3%
45.9
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 5.30%
Percentage of vacant homes: 9.45%

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