Cook County, IL Real Estate & Property Data

Cook County Real Estate Market Trends
Last Updated: April 18, 2024

With up-to-date real estate data get detailed insight into Cook County, IL sourced from the nation’s leading property data provider. The current median home price in Cook County, IL is $318,000. Cook County real estate data shows that there have been a total of 57,157 residential properties sold over the past 12 months. ATTOM’s Cook County real estate data indicates that the county has 558 properties in foreclosure and 116 REOs (real estate bank owned) properties.

Cook County Real Estate Market Trends
Total Residential Properties 1,355,968
Total Commercial Properties 119,770
Avg. Home Age (Single Family Home) 68 Years
Avg. Square Feet (Single Family Home) 1,611
Total 2024 Residential Sales (year-to-date) 6,075
% of Homes Seriously Underwater (Q2 2024) 1.72%
Total 2023 Residential Sales 54,687
% of Equity Rich Homes (Q2 2024) 34.95%
Effective 2023 Property Tax 1.76%
Total Foreclosure Filings (year-to-date) 996
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Cook County, IL Real Estate Overview

There were 57,157 residential properties sold in the past year in Cook County, IL. The median home value in Cook County, IL is $290,025. There are a total of 1,355,968 residential properties in the Cook.

Median Sales Price i
$318,000
(Feb 2024)
+10.8%
year-over-year
y-o-y
  • February '24 Feb '24 $318,000
  • January '24 Jan '24 $315,000
  • December '23 Dec '23 $320,000
  • November '23 Nov '23 $330,000
  • October '23 Oct '23 $330,000
  • September '23 Sep '23 $335,500
  • August '23 Aug '23 $345,750
  • July '23 Jul '23 $349,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $338,000
  • April '23 Apr '23 $323,000
  • March '23 Mar '23 $325,000
Median Down Payment i
$30,000
(Feb 2024)
+36.4%
year-over-year
y-o-y
  • February '24 Feb '24 $30,000
  • January '24 Jan '24 $32,500
  • December '23 Dec '23 $34,925
  • November '23 Nov '23 $37,700
  • October '23 Oct '23 $38,250
  • September '23 Sep '23 $38,500
  • August '23 Aug '23 $38,941
  • July '23 Jul '23 $40,000
  • June '23 Jun '23 $41,800
  • May '23 May '23 $34,678
  • April '23 Apr '23 $33,000
  • March '23 Mar '23 $29,475
Number of Homes Sold i
2,728
(Feb 2024)
-4.2%
year-over-year
y-o-y
  • February '24 Feb '24 2,728
  • January '24 Jan '24 3,347
  • December '23 Dec '23 4,195
  • November '23 Nov '23 3,827
  • October '23 Oct '23 4,500
  • September '23 Sep '23 4,855
  • August '23 Aug '23 5,350
  • July '23 Jul '23 4,837
  • June '23 Jun '23 5,936
  • May '23 May '23 5,467
  • April '23 Apr '23 4,652
  • March '23 Mar '23 4,616
Number of Purchase Loans i
2,113
(Feb 2024)
-7.8%
year-over-year
y-o-y
  • February '24 Feb '24 2,113
  • January '24 Jan '24 2,661
  • December '23 Dec '23 3,278
  • November '23 Nov '23 2,895
  • October '23 Oct '23 3,431
  • September '23 Sep '23 3,957
  • August '23 Aug '23 4,473
  • July '23 Jul '23 3,948
  • June '23 Jun '23 5,061
  • May '23 May '23 4,515
  • April '23 Apr '23 3,736
  • March '23 Mar '23 3,742
Number of REFI Loans i
1,451
(Feb 2024)
+39%
year-over-year
y-o-y
  • February '24 Feb '24 1,451
  • January '24 Jan '24 1,611
  • December '23 Dec '23 1,932
  • November '23 Nov '23 1,602
  • October '23 Oct '23 1,794
  • September '23 Sep '23 1,943
  • August '23 Aug '23 1,877
  • July '23 Jul '23 1,610
  • June '23 Jun '23 1,821
  • May '23 May '23 1,769
  • April '23 Apr '23 1,409
  • March '23 Mar '23 1,736
Number of HELOC Loans i
600
(Feb 2024)
+3.8%
year-over-year
y-o-y
  • February '24 Feb '24 600
  • January '24 Jan '24 692
  • December '23 Dec '23 771
  • November '23 Nov '23 809
  • October '23 Oct '23 820
  • September '23 Sep '23 803
  • August '23 Aug '23 847
  • July '23 Jul '23 734
  • June '23 Jun '23 889
  • May '23 May '23 947
  • April '23 Apr '23 822
  • March '23 Mar '23 783

Cook County, IL Real Estate Market Overview

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

Cook County, IL Foreclosure Activity

There were a total of 558 Cook County, IL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 354 Cook County, IL properties and repossessed 116 Cook County, IL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
558
(Feb 2024)
-36.6%
year-over-year
y-o-y
  • February '24 Feb '24 558
  • January '24 Jan '24 438
  • December '23 Dec '23 448
  • November '23 Nov '23 510
  • October '23 Oct '23 548
  • September '23 Sep '23 432
  • August '23 Aug '23 859
  • July '23 Jul '23 881
  • June '23 Jun '23 907
  • May '23 May '23 1,046
  • April '23 Apr '23 1,047
  • March '23 Mar '23 1,111
Foreclosure Starts i
354
(Feb 2024)
-35.8%
year-over-year
y-o-y
  • February '24 Feb '24 354
  • January '24 Jan '24 309
  • December '23 Dec '23 273
  • November '23 Nov '23 315
  • October '23 Oct '23 296
  • September '23 Sep '23 244
  • August '23 Aug '23 520
  • July '23 Jul '23 513
  • June '23 Jun '23 608
  • May '23 May '23 661
  • April '23 Apr '23 664
  • March '23 Mar '23 784
Completed Foreclosures (REOs) i
116
(Feb 2024)
+8.4%
year-over-year
y-o-y
  • February '24 Feb '24 116
  • January '24 Jan '24 109
  • December '23 Dec '23 115
  • November '23 Nov '23 59
  • October '23 Oct '23 134
  • September '23 Sep '23 177
  • August '23 Aug '23 133
  • July '23 Jul '23 171
  • June '23 Jun '23 179
  • May '23 May '23 165
  • April '23 Apr '23 183
  • March '23 Mar '23 160
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