Illinois Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $249,900
    2% ( $5,100 ) vs Jul 2017
  • Median Sales Price
    $225,000
    0% ( $0 ) vs Jul 2017
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures View
    Homes for Sale 49,826
    Recently Sold 86,820

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 49,826.

In August, the number of properties that received a foreclosure filing in IL was 0% higher than the previous month and 0% higher than the same time last year.

Home sales for July 2018 were down 93% compared with the previous month, and down 66% compared with a year ago. The median sales price of a non-distressed home was $225,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Illinois


  • Foreclosure Discount
    NOT AVAILABLE


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$225,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $225,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price)
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Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
529
12.3
% (y-o-y)
$295,000
58.6
% (y-o-y)
Data not available
Evanston
26
188.9
% (y-o-y)
$359,000
5.9
% (y-o-y)
Data not available
Orland Park
21
5.0
% (y-o-y)
$262,500
5.4
% (y-o-y)
Data not available
Schaumburg
21
30.0
% (y-o-y)
$236,000
10.8
% (y-o-y)
Data not available
Oak Park
20
81.8
% (y-o-y)
$365,000
5.2
% (y-o-y)
Data not available
Palatine
20
35.5
% (y-o-y)
$255,000
3.1
% (y-o-y)
Data not available
Arlington Heights
20
13.0
% (y-o-y)
$326,500
0.5
% (y-o-y)
Data not available
Tinley Park
18
5.3
% (y-o-y)
$215,000
12.0
% (y-o-y)
Data not available
Des Plaines
16
0.0
% (y-o-y)
$230,500
8.7
% (y-o-y)
Data not available
Glenview
15
87.5
% (y-o-y)
$372,000
21.7
% (y-o-y)
Data not available

Local Info For Illinois

Population:
12,745,359
Schools: 4334   
Household Median Income: $55,735
Unemployment: 5.00%
Percentage of vacant homes: 9.45%

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