Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,900
    3% ( $4,900 ) vs Jun 2013
  • Median Sales Price
    $195,000
    5% ( $9,000 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $105,000
    5% ( $5,000 ) vs Jun 2013
  • Foreclosures View
    Homes for Sale 45,921
    Recently Sold 109,981

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 45,921.

In July, the number of properties that received a foreclosure filing in IL was 14% lower than the previous month and 9% lower than the same time last year.

Home sales for June 2014 were down 19% compared with the previous month, and down 34% compared with a year ago. The median sales price of a non-distressed home was $195,000. The median sales price of a foreclosure home was $105,000, or 46% lower than non-distressed home sales.

Sales Prices - Illinois




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$105,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $96,500 (Median Foreclosure Sales Price) $95,500 (Median Foreclosure Sales Price) $99,000 (Median Foreclosure Sales Price) $195,000 (Median Sales Price) $186,000 (Median Sales Price) $178,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (Median Sales Price) $168,000 (Median 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) $95,500 (Median Foreclosure Sales Price) $99,000 (Median Foreclosure Sales Price) $195,000 (Median Sales Price) $186,000 (Median Sales Price) $178,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (Median Sales Price) $168,000 (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
2,530
45.2
% (y-o-y)
$288,000
7.7
% (y-o-y)
66.7%
69.5
% (y-o-y)
Aurora
258
25.4
% (y-o-y)
$144,000
0.0
% (y-o-y)
31.4%
40.1
% (y-o-y)
Rockford
240
37.5
% (y-o-y)
$60,000
25.9
% (y-o-y)
49.9%
56.8
% (y-o-y)
Naperville
215
28.3
% (y-o-y)
$342,000
2.3
% (y-o-y)
32.7%
21.7
% (y-o-y)
Peoria
200
1.5
% (y-o-y)
$102,000
6.4
% (y-o-y)
56.9%
53.7
% (y-o-y)
Joliet
189
7.4
% (y-o-y)
$94,001
10.5
% (y-o-y)
6.4%
12.9
% (y-o-y)
Champaign
180
6.5
% (y-o-y)
$140,000
3.4
% (y-o-y)
Data not available
Belleville
161
16.7
% (y-o-y)
$99,500
10.2
% (y-o-y)
70.4%
62.1
% (y-o-y)
PLAINFIELD
161
2.4
% (y-o-y)
$192,500
6.1
% (y-o-y)
15.2%
22.4
% (y-o-y)
Elgin
127
40.1
% (y-o-y)
$145,000
6.2
% (y-o-y)
37.2%
34.1
% (y-o-y)

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 7.10%
Percentage of vacant homes: 9.45%