Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $195,000
    5% ( $10,100 ) vs Mar 2015
  • Median Sales Price
    $178,000
    2% ( $3,000 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $99,000
    2% ( $2,000 ) vs Mar 2015
  • Foreclosures View
    Homes for Sale 40,676
    Recently Sold 73,807

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 40,676.

In April, the number of properties that received a foreclosure filing in IL was 15% lower than the previous month and 26% lower than the same time last year.

Home sales for March 2016 were up 15% compared with the previous month, and up 441% compared with a year ago. The median sales price of a non-distressed home was $178,000. The median sales price of a foreclosure home was $99,000, or 44% lower than non-distressed home sales.

Sales Prices - Illinois




Add this chart to your website.

$99,000 (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) $110,000 (Median Foreclosure 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) $125,000 (Median Sales Price) $99,000 (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) $110,000 (Median Foreclosure 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) $125,000 (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
3,166
175.5
% (y-o-y)
$247,000
2.9
% (y-o-y)
62.3%
59.2
% (y-o-y)
Rockford
326
145.1
% (y-o-y)
$72,000
29.5
% (y-o-y)
48.9%
18.1
% (y-o-y)
Aurora
212
98.1
% (y-o-y)
$150,000
7.1
% (y-o-y)
32.4%
19.3
% (y-o-y)
Peoria
193
183.8
% (y-o-y)
$98,000
20.9
% (y-o-y)
72.9%
44.6
% (y-o-y)
Belleville
167
288.4
% (y-o-y)
$110,000
10.0
% (y-o-y)
72.7%
58.3
% (y-o-y)
Naperville
137
260.5
% (y-o-y)
$345,000
10.9
% (y-o-y)
23.7%
24.9
% (y-o-y)
Joliet
119
33.7
% (y-o-y)
$109,650
0.3
% (y-o-y)
22.5%
36.4
% (y-o-y)
Elgin
116
75.8
% (y-o-y)
$167,250
11.5
% (y-o-y)
31.3%
26.0
% (y-o-y)
Round Lake
105
84.2
% (y-o-y)
$128,000
18.0
% (y-o-y)
33.6%
6.0
% (y-o-y)
Schaumburg
105
105.9
% (y-o-y)
$212,000
13.1
% (y-o-y)
38.4%
36.0
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 6.80%
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)