Illinois Real Estate & Property Data

Illinois Real Estate Market Trends
Last Updated: April 19, 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 167,508 residential properties sold in the Illinois real estate market over the past 12 months. As of February 2024, the median home price in IL on single-family homes is $256,500. The median single-family home value for properties over the last 12 months is $253,567. Currently, the State of Illinois has 1,519 properties in foreclosure and 319 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
Total Residential Properties 3,991,510
Total Commercial Properties 319,978
Avg. Home Age (Single Family Home) 58 Years
Avg. Square Feet (Single Family Home) 1,688
Total 2024 Residential Sales (year-to-date) 19,155
% of Homes Seriously Underwater (Q2 2024) 1.43%
Total 2023 Residential Sales 158,634
% of Equity Rich Homes (Q2 2024) 32.79%
Effective 2023 Property Tax 1.84%
Total Foreclosure Filings (year-to-date) 2,879
Interested in Purchasing National or Illinois Property Data?

Illinois Real Estate Overview

There were 167,508 residential properties sold in the past year in Illinois. The median home value in Illinois is $253,567. There are a total of 3,991,510 residential properties in the IL.

Median Sales Price i
$256,500
(Feb 2024)
+11.5%
year-over-year
y-o-y
  • February '24 Feb '24 $256,500
  • January '24 Jan '24 $262,250
  • December '23 Dec '23 $260,000
  • November '23 Nov '23 $259,450
  • October '23 Oct '23 $267,000
  • September '23 Sep '23 $272,000
  • August '23 Aug '23 $280,000
  • July '23 Jul '23 $280,000
  • June '23 Jun '23 $285,000
  • May '23 May '23 $267,000
  • April '23 Apr '23 $265,000
  • March '23 Mar '23 $250,500
Median Down Payment i
$25,000
(Feb 2024)
+21.2%
year-over-year
y-o-y
  • February '24 Feb '24 $25,000
  • January '24 Jan '24 $28,500
  • December '23 Dec '23 $29,500
  • November '23 Nov '23 $31,000
  • October '23 Oct '23 $30,000
  • September '23 Sep '23 $29,000
  • August '23 Aug '23 $32,500
  • July '23 Jul '23 $31,625
  • June '23 Jun '23 $32,881
  • May '23 May '23 $26,112
  • April '23 Apr '23 $26,759
  • March '23 Mar '23 $23,000
Number of Homes Sold i
8,938
(Feb 2024)
+3%
year-over-year
y-o-y
  • February '24 Feb '24 8,938
  • January '24 Jan '24 10,217
  • December '23 Dec '23 12,257
  • November '23 Nov '23 11,619
  • October '23 Oct '23 14,065
  • September '23 Sep '23 14,249
  • August '23 Aug '23 16,349
  • July '23 Jul '23 13,717
  • June '23 Jun '23 17,208
  • May '23 May '23 14,989
  • April '23 Apr '23 12,099
  • March '23 Mar '23 13,126
Number of Purchase Loans i
6,403
(Feb 2024)
+2.5%
year-over-year
y-o-y
  • February '24 Feb '24 6,403
  • January '24 Jan '24 7,782
  • December '23 Dec '23 9,199
  • November '23 Nov '23 8,514
  • October '23 Oct '23 10,453
  • September '23 Sep '23 10,974
  • August '23 Aug '23 12,638
  • July '23 Jul '23 10,919
  • June '23 Jun '23 13,755
  • May '23 May '23 11,609
  • April '23 Apr '23 9,237
  • March '23 Mar '23 9,793
Number of REFI Loans i
4,896
(Feb 2024)
+37.3%
year-over-year
y-o-y
  • February '24 Feb '24 4,896
  • January '24 Jan '24 5,411
  • December '23 Dec '23 5,288
  • November '23 Nov '23 5,134
  • October '23 Oct '23 5,728
  • September '23 Sep '23 5,660
  • August '23 Aug '23 6,114
  • July '23 Jul '23 5,022
  • June '23 Jun '23 5,486
  • May '23 May '23 5,229
  • April '23 Apr '23 4,304
  • March '23 Mar '23 4,990
Number of HELOC Loans i
2,356
(Feb 2024)
-1.5%
year-over-year
y-o-y
  • February '24 Feb '24 2,356
  • January '24 Jan '24 2,599
  • December '23 Dec '23 2,815
  • November '23 Nov '23 3,137
  • October '23 Oct '23 3,397
  • September '23 Sep '23 3,289
  • August '23 Aug '23 3,851
  • July '23 Jul '23 3,112
  • June '23 Jun '23 3,576
  • May '23 May '23 3,638
  • April '23 Apr '23 3,104
  • March '23 Mar '23 3,148

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 1,519 Illinois properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 996 Illinois properties and repossessed 319 Illinois properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1,519
(Feb 2024)
-18%
year-over-year
y-o-y
  • 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
  • May '23 May '23 2,173
  • April '23 Apr '23 2,103
  • March '23 Mar '23 2,268
Foreclosure Starts i
996
(Feb 2024)
-14.8%
year-over-year
y-o-y
  • 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
  • May '23 May '23 1,358
  • April '23 Apr '23 1,350
  • March '23 Mar '23 1,525
Completed Foreclosures (REOs) i
319
(Feb 2024)
-11.9%
year-over-year
y-o-y
  • 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
  • May '23 May '23 352
  • April '23 Apr '23 334
  • March '23 Mar '23 370
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Illinois property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.