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Illinois Real Estate & Property Data

Illinois Real Estate Market Trends
Last Updated: March 20, 2023

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 205,403 residential properties sold in the Illinois real estate market over the past 12 months. As of January 2023, the median home price in IL on single-family homes is $245,000. The median single-family home value for properties over the last 12 months is $250,068. Currently, the State of Illinois has 2,068 properties in foreclosure and 307 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:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 3,975,420
Total Commercial Properties 321,175
Avg. Home Age (Single Family Home) 57 Years
Avg. Square Feet (Single Family Home) 1,692
Total 2023 Residential Sales (year-to-date) 10,180
% of Homes Seriously Underwater (Q1 2023) 1.7%
Total 2022 Residential Sales 195,223
% of Equity Rich Homes (Q1 2023) 29.57%
Effective 2022 Property Tax 1.8%
Total Foreclosure Filings (year-to-date) 2,068
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Illinois Real Estate Overview

There were 205,403 residential properties sold in the past year in Illinois. The median home value in Illinois is $250,068. There are a total of 3,975,420 residential properties in the Illinois.

Median Sales Price i
$245,000
(Jan 2023)
-3.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 $245,000
  • December '22 Dec '22 $245,000
  • November '22 Nov '22 $250,000
  • October '22 Oct '22 $255,000
  • September '22 Sep '22 $260,000
  • August '22 Aug '22 $272,000
  • July '22 Jul '22 $285,000
  • June '22 Jun '22 $286,000
  • May '22 May '22 $279,000
  • April '22 Apr '22 $274,500
  • March '22 Mar '22 $265,000
  • February '22 Feb '22 $260,000
Median Down Payment i
$23,300
(Jan 2023)
+3.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 $23,300
  • December '22 Dec '22 $25,000
  • November '22 Nov '22 $26,000
  • October '22 Oct '22 $25,625
  • September '22 Sep '22 $25,000
  • August '22 Aug '22 $28,100
  • July '22 Jul '22 $29,750
  • June '22 Jun '22 $30,000
  • May '22 May '22 $28,500
  • April '22 Apr '22 $25,250
  • March '22 Mar '22 $25,000
  • February '22 Feb '22 $22,250
Number of Homes Sold i
10,180
(Jan 2023)
-30.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 10,180
  • December '22 Dec '22 11,827
  • November '22 Nov '22 13,117
  • October '22 Oct '22 14,863
  • September '22 Sep '22 16,498
  • August '22 Aug '22 19,017
  • July '22 Jul '22 18,521
  • June '22 Jun '22 19,843
  • May '22 May '22 18,145
  • April '22 Apr '22 16,726
  • March '22 Mar '22 18,113
  • February '22 Feb '22 13,971
Number of Purchase Loans i
7,934
(Jan 2023)
-40.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 7,934
  • December '22 Dec '22 9,283
  • November '22 Nov '22 10,345
  • October '22 Oct '22 12,076
  • September '22 Sep '22 13,774
  • August '22 Aug '22 16,100
  • July '22 Jul '22 15,664
  • June '22 Jun '22 17,151
  • May '22 May '22 16,006
  • April '22 Apr '22 14,999
  • March '22 Mar '22 16,683
  • February '22 Feb '22 12,759
Number of REFI Loans i
4,033
(Jan 2023)
-77.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 4,033
  • December '22 Dec '22 4,130
  • November '22 Nov '22 4,608
  • October '22 Oct '22 5,665
  • September '22 Sep '22 6,400
  • August '22 Aug '22 7,299
  • July '22 Jul '22 6,839
  • June '22 Jun '22 7,948
  • May '22 May '22 8,905
  • April '22 Apr '22 12,069
  • March '22 Mar '22 17,035
  • February '22 Feb '22 16,875
Number of HELOC Loans i
2,806
(Jan 2023)
+52.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 2,806
  • December '22 Dec '22 3,170
  • November '22 Nov '22 3,641
  • October '22 Oct '22 3,794
  • September '22 Sep '22 3,580
  • August '22 Aug '22 3,178
  • July '22 Jul '22 3,000
  • June '22 Jun '22 3,180
  • May '22 May '22 2,640
  • April '22 Apr '22 2,566
  • March '22 Mar '22 2,532
  • February '22 Feb '22 1,929

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 2,068 Illinois properties with a foreclosure filing in January 2023. Lenders started the foreclosure process on 1,309 Illinois properties and repossessed 307 Illinois properties through completed foreclosures (REOs) in January 2023.

Total Foreclosure Filings i
2,068
(Jan 2023)
+28.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 2,068
  • December '22 Dec '22 1,951
  • November '22 Nov '22 1,917
  • October '22 Oct '22 1,950
  • September '22 Sep '22 2,291
  • August '22 Aug '22 2,325
  • July '22 Jul '22 1,966
  • June '22 Jun '22 2,210
  • May '22 May '22 2,363
  • April '22 Apr '22 2,004
  • March '22 Mar '22 2,326
  • February '22 Feb '22 1,829
Foreclosure Starts i
1,309
(Jan 2023)
+72.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 1,309
  • December '22 Dec '22 1,284
  • November '22 Nov '22 1,243
  • October '22 Oct '22 1,300
  • September '22 Sep '22 1,681
  • August '22 Aug '22 1,562
  • July '22 Jul '22 1,459
  • June '22 Jun '22 1,620
  • May '22 May '22 1,757
  • April '22 Apr '22 1,500
  • March '22 Mar '22 1,609
  • February '22 Feb '22 1,168
Completed Foreclosures (REOs) i
307
(Jan 2023)
-10.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • January '23 Jan '23 307
  • December '22 Dec '22 310
  • November '22 Nov '22 343
  • October '22 Oct '22 1,100
  • September '22 Sep '22 478
  • August '22 Aug '22 493
  • July '22 Jul '22 359
  • June '22 Jun '22 379
  • May '22 May '22 350
  • April '22 Apr '22 417
  • March '22 Mar '22 647
  • February '22 Feb '22 296
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