Illinois Real Estate Market Trends & Home Values

Illinois Market Overview

There have been 223,770 properties sold in the Illinois real estate market trends. Median home values in the Illinois housing market are $246,579. The median residential home value for transactions over the last 12 months is $244,287. The State of Illinois currently has 19,336 properties in foreclosure, 202 bank owned properties, and 2,505 headed for auction.

Active Residential Inventory

Total Inventory

Recently Sold Properties

Illinois Home Values

$246,579

There are currently 9,770 properties for sale in Illinois. The current home value ranges in price from $1 to $6,500,000. The total count of properties in the state is 3,820,242, and the percentage of properties for sale is 33.6%.

Illinois Real Estate Market Overview

Illinois Foreclosures Market Overview

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Search By County

County	Median Est. Value
Dupage County	$331,249 $218.11/sqft
Will County	$290,894 $167.47/sqft
Mchenry County	$284,116 $177.78/sqft
Lake County	$272,796 $177.00/sqft
Kane County	$268,363 $174.00/sqft
Cook County	$241,074 $181.43/sqft
Winnebago County	$143,226 $106.00/sqft
St. Clair County	$133,154 $118.14/sqft
Madison County	$119,311 $98.75/sqft
Peoria County	$99,702 $84.00/sqft

There are 100 counties within Illinois; within these counties, the median estimated home value for homes in foreclosure ranges from $3,999,999 in Cook County to the lowest value of $11,142 in Mcdonough County. Foreclosure homes account for 0.51% of properties in Illinois with Cook County containing 6,555 foreclosures, the highest number of foreclosure properties in a single county.