Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $174,900
    8% ( $15,100 ) vs Jan 1
  • Median Sales Price
    $165,000
    3% ( $5,000 ) vs Jan 1
  • Median Foreclosure Sales Price
    $88,000
    2% ( $1,550 ) vs Jan 1
  • Foreclosures View
    Homes for Sale 26,248
    Recently Sold 18,118

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 26,248.

In January, the number of properties that received a foreclosure filing in IL was 10% lower than the previous month and 25% higher than the same time last year.

Home sales for December 2016 were up 77% compared with the previous month, and down 67% compared with a year ago. The median sales price of a non-distressed home was $165,000. The median sales price of a foreclosure home was $88,000, or 47% lower than non-distressed home sales.

Sales Prices - Illinois




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$88,000 (Median Foreclosure Sales Price) $86,450 (Median Foreclosure Sales Price) $98,300 (Median Foreclosure Sales Price) $103,163 (Median Foreclosure Sales Price) $105,466 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $165,000 (Median Sales Price) $170,000 (Median Sales Price) $185,000 (Median Sales Price) $188,500 (Median Sales Price) $191,000 (Median Sales Price) $183,000 (Median Sales Price) $88,000 (Median Foreclosure Sales Price) $86,450 (Median Foreclosure Sales Price) $98,300 (Median Foreclosure Sales Price) $103,163 (Median Foreclosure Sales Price) $105,466 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $165,000 (Median Sales Price) $170,000 (Median Sales Price) $185,000 (Median Sales Price) $188,500 (Median Sales Price) $191,000 (Median Sales Price) $183,000 (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
493
69.4
% (y-o-y)
$185,000
23.7
% (y-o-y)
65.9%
57.1
% (y-o-y)
Rockford
99
46.8
% (y-o-y)
$70,000
4.1
% (y-o-y)
55.7%
50.3
% (y-o-y)
Round Lake
40
32.2
% (y-o-y)
$132,000
3.1
% (y-o-y)
45.5%
13.3
% (y-o-y)
Joliet
40
71.4
% (y-o-y)
$130,000
19.3
% (y-o-y)
30.5%
28.9
% (y-o-y)
Waukegan
37
53.2
% (y-o-y)
$102,000
7.9
% (y-o-y)
43.2%
31.7
% (y-o-y)
Cicero
36
21.7
% (y-o-y)
$142,000
2.1
% (y-o-y)
39.8%
47.2
% (y-o-y)
Zion
34
24.4
% (y-o-y)
$105,000
2.4
% (y-o-y)
37.6%
42.0
% (y-o-y)
PLAINFIELD
33
64.1
% (y-o-y)
$195,050
8.4
% (y-o-y)
18.0%
1.7
% (y-o-y)
South Holland
32
77.8
% (y-o-y)
$128,750
0.2
% (y-o-y)
56.8%
52.1
% (y-o-y)
Calumet City
32
0.0
% (y-o-y)
$100,000
81.8
% (y-o-y)
73.3%
51.8
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 5.60%
Percentage of vacant homes: 9.45%

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