Illinois Home Values & Market Trends

There have been 164,367 properties sold in the Illinois real estate market trends. Median home values in the Illinois housing market are $242,070. The median residential home value for transactions over the last 12 months is 235,904. The State of Illinois currently has 14,191 properties in foreclosure, 1,101 bank owned properties, and 2,144 headed for auction.

Illinois Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Cook

$ 287,276

$ 204/sqft

Knox

$ 102,788

$ 70/sqft

Winnebago

$ 191,631

$ 136/sqft

Vermilion

$ 84,664

$ 63/sqft

Will

$ 324,990

$ 177/sqft

Lawrence

$ 103,352

$ 80/sqft

Dupage

$ 408,251

$ 225/sqft

Coles

$ 126,252

$ 87/sqft

Lake

$ 330,705

$ 182/sqft

Piatt

$ 205,819

$ 95/sqft

Peoria

$ 117,750

$ 84/sqft

Richland

$ 89,472

$ 64/sqft

Mclean

$ 249,095

$ 101/sqft

Marshall

$ 136,795

$ 84/sqft

Kane

$ 327,070

$ 196/sqft

Livingston

$ 156,171

$ 94/sqft

Rock Island

$ 148,613

$ 112/sqft

Saline

$ 64,000

$ 54/sqft

Mchenry

$ 331,936

$ 184/sqft

Logan

$ 115,548

$ 95/sqft

Tazewell

$ 152,250

$ 100/sqft

Douglas

$ 139,711

$ 108/sqft

Sangamon

$ 158,433

$ 94/sqft

Edwards

$ 123,394

$ 63/sqft

Williamson

$ 169,936

$ 107/sqft

De Witt

$ 184,109

$ 76/sqft

Jo Daviess

$ 335,480

$ 194/sqft

Cass

$ 173,531

$ 79/sqft

Boone

$ 295,000

$ 180/sqft

Menard

$ 160,529

$ 107/sqft

Whiteside

$ 138,245

$ 95/sqft

Perry

$ 102,843

$ 57/sqft

Franklin

$ 84,312

$ 51/sqft

Putnam

$ 240,573

$ 144/sqft

Lasalle

$ 157,463

$ 118/sqft

Moultrie

$ 166,084

$ 117/sqft

Kendall

$ 385,407

$ 175/sqft

Mason

$ 78,126

$ 64/sqft

Macon

$ 109,517

$ 67/sqft

Johnson

$ 186,132

$ 135/sqft

Kankakee

$ 271,067

$ 144/sqft

Pope

$ 201,000

$ 121/sqft

Fulton

$ 98,314

$ 71/sqft

Greene

$ 65,314

$ 58/sqft

Carroll

$ 169,000

$ 124/sqft

Montgomery

$ 94,614

$ 64/sqft

Champaign

$ 231,396

$ 152/sqft

Clinton

$ 86,714

$ 77/sqft

Hancock

$ 149,000

$ 94/sqft

Pulaski

$ 63,843

$ 38/sqft

Stephenson

$ 159,187

$ 109/sqft

Iroquois

$ 191,491

$ 115/sqft

Ogle

$ 214,900

$ 120/sqft

Henderson

$ 116,950

$ 84/sqft

Marion

$ 101,536

$ 70/sqft

Brown

$ 68,684

$ 99/sqft

Mcdonough

$ 123,064

$ 70/sqft

Gallatin

$ 120,921

$ 67/sqft

Crawford

$ 152,824

$ 95/sqft

Monroe

$ 191,630

$ 132/sqft

Woodford

$ 195,000

$ 111/sqft

Cumberland

$ 91,536

$ 71/sqft

Dekalb

$ 258,614

$ 170/sqft

Edgar

$ 184,541

$ 65/sqft

Henry

$ 198,919

$ 108/sqft

Washington

$ 102,359

$ 52/sqft

Jefferson

$ 119,505

$ 91/sqft

Union

$ 91,046

$ 47/sqft

Christian

$ 120,341

$ 90/sqft

Hamilton

$ 111,031

$ 63/sqft

Lee

$ 119,303

$ 91/sqft

Ford

$ 81,218

$ 88/sqft

Wayne

$ 105,669

$ 81/sqft

Stark

$ 94,805

$ 59/sqft

Adams

$ 172,319

$ 90/sqft

Fayette

$ 156,639

$ 72/sqft

Jackson

$ 109,328

$ 76/sqft

Hardin

$ 48,920

$ 87/sqft

White

$ 165,942

$ 101/sqft

Scott

$ --

$ --

Mercer

$ 159,074

$ 97/sqft

Jersey

$ 188,387

$ 152/sqft

Madison

$ 167,755

$ 121/sqft

Randolph

$ 162,002

$ 78/sqft

Massac

$ 68,573

$ 60/sqft

Alexander

$ 181,657

$ 86/sqft

St. Clair

$ 179,199

$ 109/sqft

Schuyler

$ 322,971

$ 160/sqft

Wabash

$ 93,988

$ 67/sqft

Bond

$ 95,000

$ 104/sqft

Warren

$ 140,000

$ 99/sqft

Effingham

$ --

$ --

Macoupin

$ 177,356

$ 113/sqft

Morgan

$ --

$ --

Grundy

$ 292,540

$ 157/sqft

Calhoun

$ --

$ --

Bureau

$ 124,850

$ 120/sqft

Jasper

$ --

$ --

Pike

$ 146,188

$ 84/sqft

Shelby

$ --

$ --

Clay

$ 95,500

$ 86/sqft

Clark

$ --

$ --

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Housing Market Summary for Illinois

Dec 2023November 2024Change
Median Listing Price$194.8K$227.6K16.84%
Median Sold Price$252.6K$285.4K12.99%
Homes For Sale6,9426,585-5.14%
Homes Sold112,355115,9833.23%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Illinois

There are currently 6,676 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 150,663, and the percentage of properties for sale is 6676.00%.

Foreclosure
There are 102 counties within Illinois; within these counties, the median estimated home value for homes in foreclosure ranges from $235,134 in Macon to the lowest value of $16,760 in Macon. Foreclosure homes account for 9.00% of properties in Illinois with Cook containing 6411 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 7.27% of all residential properties in Illinois with Cook containing 4873 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 102 counties within Illinois; of those counties, the estimated home value for pre-foreclosure homes ranges from $8,750,000 in Jersey to the lowest home value of $16,760 in Macon.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Illinois ranges from the highest value of $2,549,500 in Grundy to the lowest value of $20,620 in Peoria. Bank owned homes and properties account for 0.73% of properties in Illinois. There are 102 counties within Illinois; Cook containing 512 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Cook has 1026 auction properties, the highest number of properties going to auction in a single county in the state of Illinois. Auction homes and other auction properties account for 1.42% of all properties in Illinois. There are 102 counties within Illinois; of those counties, the median estimated home value for homes going to auction ranges from $3,519,001 in Grundy to the lowest value of $17,800 in Grundy.
Homes for Sale
Homes and properties that are actively listed for sale account for 4.43% of residential properties in Illinois with Cook containing 2102 homes for sale, the highest number of listed properties in a single county. There are 102 counties within Illinois; homes for sale in those counties, have a range of median values from $322,971 in Schuyler to the lowest value of $9,801 in Marion.
    Sold Homes
    The median value for recently sold homes ranges from $522,050 in Wabash to the lowest price of $6,726 in Wabash. There are 102 counties within Illinois. Cook has 42544 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 76.73% of properties in Illinois.

      Compare Nearby Cities

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      Guide for Illinois

      Illinois
      Chicago Pre-Foreclosure Properties Fall 19 Percent in August 2024
      Illinois
      Springfield Illinois Market Report – June 2024
      Market Reports
      Aurora Real Estate on the Rise: April 2024 Sees Property Values Soar
      Market Reports
      Chicago Property Values Surge in April 2024
      See More Articles
      Chicago Pre-Foreclosure Properties Fall 19 Percent in August 2024
      Illinois|posted 12 September 2024
      Springfield Illinois Market Report – June 2024
      Illinois|posted 1 July 2024
      Aurora Real Estate on the Rise: April 2024 Sees Property Values Soar
      Market Reports|posted 29 May 2024
      Chicago Property Values Surge in April 2024
      Market Reports|posted 21 May 2024