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 49,834
    Recently Sold 86,809

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 49,834.

In August, the number of properties that received a foreclosure filing in IL was 2% higher than the previous month and 17% lower than the same time last year.

Home sales for July 2018 were down 8% compared with the previous month, and up 322% 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
3,769
525.0
% (y-o-y)
$295,000
58.6
% (y-o-y)
Data not available
Naperville
248
327.6
% (y-o-y)
$385,000
18.5
% (y-o-y)
Data not available
Aurora
214
132.6
% (y-o-y)
$195,000
12.7
% (y-o-y)
Data not available
Peoria
199
423.7
% (y-o-y)
$111,900
29.7
% (y-o-y)
Data not available
Schaumburg
167
456.7
% (y-o-y)
$236,000
10.8
% (y-o-y)
Data not available
Palatine
166
435.5
% (y-o-y)
$255,000
3.1
% (y-o-y)
Data not available
Joliet
156
178.6
% (y-o-y)
$157,500
9.0
% (y-o-y)
Data not available
Arlington Heights
131
469.6
% (y-o-y)
$326,500
0.5
% (y-o-y)
Data not available
Rockford
129
63.3
% (y-o-y)
$89,900
16.8
% (y-o-y)
Data not available
PLAINFIELD
126
93.8
% (y-o-y)
$242,000
8.5
% (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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