Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $204,900
    2% ( $4,100 ) vs Jul 2015
  • Median Sales Price
    $185,000
    3% ( $5,000 ) vs Jul 2015
  • Median Foreclosure Sales Price
    $98,000
    1% ( $500 ) vs Jul 2015
  • Foreclosures View
    Homes for Sale 42,627
    Recently Sold 44,826

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 42,627.

In August, the number of properties that received a foreclosure filing in IL was 26% higher than the previous month and 3% higher than the same time last year.

Home sales for July 2016 were down 36% compared with the previous month, and up 420% compared with a year ago. The median sales price of a non-distressed home was $185,000. The median sales price of a foreclosure home was $98,000, or 47% lower than non-distressed home sales.

Sales Prices - Illinois




Add this chart to your website.

$98,000 (Median Foreclosure Sales Price) $97,500 (Median Foreclosure Sales Price) $95,750 (Median Foreclosure Sales Price) $97,000 (Median Foreclosure Sales Price) $99,333 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price) $185,000 (Median Sales Price) $184,525 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $98,000 (Median Foreclosure Sales Price) $97,500 (Median Foreclosure Sales Price) $95,750 (Median Foreclosure Sales Price) $97,000 (Median Foreclosure Sales Price) $99,333 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price) $185,000 (Median Sales Price) $184,525 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (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
479
40.9
% (y-o-y)
$228,000
22.1
% (y-o-y)
71.5%
62.8
% (y-o-y)
Rockford
112
15.5
% (y-o-y)
$84,950
17.6
% (y-o-y)
56.8%
48.5
% (y-o-y)
Peoria
74
196.0
% (y-o-y)
$90,000
16.3
% (y-o-y)
69.0%
56.5
% (y-o-y)
Naperville
74
174.1
% (y-o-y)
$333,000
11.0
% (y-o-y)
19.1%
5.8
% (y-o-y)
Joliet
71
5.3
% (y-o-y)
$129,950
11.1
% (y-o-y)
47.2%
24.1
% (y-o-y)
Round Lake
58
65.7
% (y-o-y)
$149,000
15.5
% (y-o-y)
30.5%
29.8
% (y-o-y)
PLAINFIELD
56
0.0
% (y-o-y)
$211,000
0.5
% (y-o-y)
23.2%
17.6
% (y-o-y)
Aurora
53
44.2
% (y-o-y)
$170,500
5.2
% (y-o-y)
41.3%
27.6
% (y-o-y)
Waukegan
50
31.6
% (y-o-y)
$103,900
15.6
% (y-o-y)
49.5%
25.8
% (y-o-y)
Bolingbrook
44
12.8
% (y-o-y)
$195,000
9.2
% (y-o-y)
12.8%
26.3
% (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%

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)