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Illinois Real Estate & Property Data

Illinois Real Estate Market Trends
Last Updated: July 10, 2024

Get access to Illinois real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 172,681 residential properties sold in the Illinois real estate market over the past 12 months. As of May 2024, the median home price in IL on single-family homes is $295,000. The median single-family home value for properties over the last 12 months is $281,250. Currently, the State of Illinois has 2,044 properties in foreclosure and 254 REOs (real estate bank owned).

See how easy it is to locate target properties in IL, build bespoke property reports, and create marketing lists from ATTOM’s Illinois real estate data.

Illinois Real Estate Market Trends
Get property data for any address in Illinois or the country:
Total Residential Properties 3,994,384
Total Commercial Properties 461,385
Avg. Home Age (Single Family Home) 58 Years
Avg. Square Feet (Single Family Home) 1,693
Total 2024 Residential Sales (year-to-date) 58,630
% of Homes Seriously Underwater (Q3 2024) 1.12%
Total 2023 Residential Sales 158,309
% of Equity Rich Homes (Q3 2024) 37.23%
Effective 2023 Property Tax 1.68%
Total Foreclosure Filings (year-to-date) 8,780
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Illinois Real Estate Overview

There were 172,681 residential properties sold in the past year in Illinois. The median home value in Illinois is $281,250. There are a total of 3,994,384 residential properties in the IL.

Median Sales Price i
$295,000
(May 2024)
+9.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 $295,000
  • April '24 Apr '24 $279,000
  • March '24 Mar '24 $276,000
  • February '24 Feb '24 $255,000
  • January '24 Jan '24 $260,000
  • December '23 Dec '23 $260,000
  • November '23 Nov '23 $257,750
  • October '23 Oct '23 $269,000
  • September '23 Sep '23 $274,000
  • August '23 Aug '23 $281,000
  • July '23 Jul '23 $280,000
  • June '23 Jun '23 $286,000
Median Down Payment i
$34,000
(May 2024)
+29.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 $34,000
  • April '24 Apr '24 $30,000
  • March '24 Mar '24 $28,000
  • February '24 Feb '24 $25,000
  • January '24 Jan '24 $28,200
  • December '23 Dec '23 $29,500
  • November '23 Nov '23 $31,100
  • October '23 Oct '23 $30,000
  • September '23 Sep '23 $29,152
  • August '23 Aug '23 $32,500
  • July '23 Jul '23 $31,825
  • June '23 Jun '23 $33,000
Number of Homes Sold i
14,127
(May 2024)
-5.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 14,127
  • April '24 Apr '24 13,861
  • March '24 Mar '24 11,512
  • February '24 Feb '24 8,919
  • January '24 Jan '24 10,211
  • December '23 Dec '23 12,070
  • November '23 Nov '23 11,462
  • October '23 Oct '23 14,023
  • September '23 Sep '23 14,230
  • August '23 Aug '23 16,328
  • July '23 Jul '23 13,712
  • June '23 Jun '23 17,245
Number of Purchase Loans i
10,810
(May 2024)
-6.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 10,810
  • April '24 Apr '24 10,535
  • March '24 Mar '24 8,801
  • February '24 Feb '24 6,378
  • January '24 Jan '24 7,710
  • December '23 Dec '23 8,984
  • November '23 Nov '23 8,366
  • October '23 Oct '23 10,407
  • September '23 Sep '23 10,917
  • August '23 Aug '23 12,610
  • July '23 Jul '23 10,905
  • June '23 Jun '23 13,700
Number of REFI Loans i
6,093
(May 2024)
+16.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 6,093
  • April '24 Apr '24 6,290
  • March '24 Mar '24 5,381
  • February '24 Feb '24 4,893
  • January '24 Jan '24 5,414
  • December '23 Dec '23 5,215
  • November '23 Nov '23 5,010
  • October '23 Oct '23 5,742
  • September '23 Sep '23 5,689
  • August '23 Aug '23 6,144
  • July '23 Jul '23 5,036
  • June '23 Jun '23 5,516
Number of HELOC Loans i
3,887
(May 2024)
+7.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 3,887
  • April '24 Apr '24 3,543
  • March '24 Mar '24 3,044
  • February '24 Feb '24 2,364
  • January '24 Jan '24 2,609
  • December '23 Dec '23 2,787
  • November '23 Nov '23 3,071
  • October '23 Oct '23 3,398
  • September '23 Sep '23 3,304
  • August '23 Aug '23 3,847
  • July '23 Jul '23 3,107
  • June '23 Jun '23 3,580

Illinois Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

Illinois Foreclosure Activity

There were a total of 2,044 Illinois properties with a foreclosure filing in May 2024. Lenders started the foreclosure process on 1,427 Illinois properties and repossessed 254 Illinois properties through completed foreclosures (REOs) in May 2024.

Total Foreclosure Filings i
2,044
(May 2024)
-5.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 2,044
  • April '24 Apr '24 1,911
  • March '24 Mar '24 1,946
  • February '24 Feb '24 1,519
  • January '24 Jan '24 1,360
  • December '23 Dec '23 1,388
  • November '23 Nov '23 1,381
  • October '23 Oct '23 1,522
  • September '23 Sep '23 1,494
  • August '23 Aug '23 1,899
  • July '23 Jul '23 1,873
  • June '23 Jun '23 1,971
Foreclosure Starts i
1,427
(May 2024)
+5.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 1,427
  • April '24 Apr '24 1,378
  • March '24 Mar '24 1,427
  • February '24 Feb '24 996
  • January '24 Jan '24 913
  • December '23 Dec '23 886
  • November '23 Nov '23 879
  • October '23 Oct '23 874
  • September '23 Sep '23 884
  • August '23 Aug '23 1,143
  • July '23 Jul '23 1,101
  • June '23 Jun '23 1,281
Completed Foreclosures (REOs) i
254
(May 2024)
-27.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • May '24 May '24 254
  • April '24 Apr '24 244
  • March '24 Mar '24 184
  • February '24 Feb '24 319
  • January '24 Jan '24 306
  • December '23 Dec '23 252
  • November '23 Nov '23 198
  • October '23 Oct '23 273
  • September '23 Sep '23 353
  • August '23 Aug '23 324
  • July '23 Jul '23 355
  • June '23 Jun '23 334
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