Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,990
    3% ( $5,010 ) vs Nov 2015
  • Median Sales Price
    $173,000
    8% ( $16,000 ) vs Nov 2015
  • Median Foreclosure Sales Price
    $93,738
    11% ( $11,763 ) vs Nov 2015
  • Foreclosures View
    Homes for Sale 22,375
    Recently Sold 16,364

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 22,375.

In December, the number of properties that received a foreclosure filing in IL was 21% higher than the previous month and 17% higher than the same time last year.

Home sales for November 2016 were down 35% compared with the previous month, and down 90% compared with a year ago. The median sales price of a non-distressed home was $173,000. The median sales price of a foreclosure home was $93,738, or 46% lower than non-distressed home sales.

Sales Prices - Illinois




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$93,738 (Median Foreclosure Sales Price) $105,500 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $98,000 (Median Foreclosure Sales Price) $173,000 (Median Sales Price) $189,000 (Median Sales Price) $190,000 (Median Sales Price) $192,500 (Median Sales Price) $183,500 (Median Sales Price) $190,000 (Median Sales Price) $93,738 (Median Foreclosure Sales Price) $105,500 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $98,000 (Median Foreclosure Sales Price) $173,000 (Median Sales Price) $189,000 (Median Sales Price) $190,000 (Median Sales Price) $192,500 (Median Sales Price) $183,500 (Median Sales Price) $190,000 (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
Rockford
73
58.5
% (y-o-y)
$81,950
16.8
% (y-o-y)
60.5%
46.9
% (y-o-y)
Round Lake
29
50.0
% (y-o-y)
$133,000
0.0
% (y-o-y)
34.6%
28.9
% (y-o-y)
Champaign
28
9.7
% (y-o-y)
$128,000
21.5
% (y-o-y)
Data not available
Waukegan
27
58.5
% (y-o-y)
$113,000
41.3
% (y-o-y)
51.7%
37.2
% (y-o-y)
Zion
23
20.7
% (y-o-y)
$77,889
25.8
% (y-o-y)
23.7%
39.0
% (y-o-y)
Aurora
20
85.9
% (y-o-y)
$190,000
24.6
% (y-o-y)
28.9%
25.1
% (y-o-y)
Naperville
19
72.9
% (y-o-y)
$332,000
24.7
% (y-o-y)
Data not available
Mundelein
15
50.0
% (y-o-y)
$186,000
14.3
% (y-o-y)
Data not available
Chicago
14
99.3
% (y-o-y)
$203,750
14.3
% (y-o-y)
64.9%
57.5
% (y-o-y)
Downers Grove
14
57.6
% (y-o-y)
$326,000
26.8
% (y-o-y)
Data not available

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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