Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $180,000
    5% ( $9,000 ) vs Aug 2013
  • Median Sales Price
    $205,000
    3% ( $5,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $109,000
    0% ( $0 ) vs Aug 2013
  • Foreclosures View
    Homes for Sale 39,516
    Recently Sold 112,067

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 39,516.

In September, the number of properties that received a foreclosure filing in IL was 7% higher than the previous month and 33% lower than the same time last year.

Home sales for August 2014 were up 38% compared with the previous month, and down 32% 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 $109,000, or 47% lower than non-distressed home sales.

Sales Prices - Illinois




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$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) $96,500 (Median Foreclosure 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) $169,000 (Median 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) $96,500 (Median Foreclosure 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) $169,000 (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
3,064
40.0
% (y-o-y)
$292,500
5.6
% (y-o-y)
66.2%
68.6
% (y-o-y)
Peoria
486
115.0
% (y-o-y)
$107,000
0.9
% (y-o-y)
58.9%
68.4
% (y-o-y)
Naperville
256
27.7
% (y-o-y)
$350,000
4.1
% (y-o-y)
35.7%
31.5
% (y-o-y)
Rockford
254
38.2
% (y-o-y)
$70,600
10.6
% (y-o-y)
54.5%
47.5
% (y-o-y)
Aurora
239
39.2
% (y-o-y)
$156,500
4.6
% (y-o-y)
32.9%
39.8
% (y-o-y)
Joliet
164
48.1
% (y-o-y)
$115,000
2.7
% (y-o-y)
31.1%
6.3
% (y-o-y)
PLAINFIELD
139
45.5
% (y-o-y)
$207,000
3.5
% (y-o-y)
17.6%
11.8
% (y-o-y)
Belleville
125
19.4
% (y-o-y)
$101,000
13.8
% (y-o-y)
48.0%
58.3
% (y-o-y)
Elgin
125
54.7
% (y-o-y)
$157,750
16.0
% (y-o-y)
34.2%
40.3
% (y-o-y)
Schaumburg
124
47.2
% (y-o-y)
$205,000
7.0
% (y-o-y)
23.9%
49.2
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 6.70%
Percentage of vacant homes: 9.45%