RealTrends Market Report

Illinois, IL

Single-Family Homes

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Illinois, IL

Thu Oct 30 2025
This week the median list price for Illinois, IL is $309,900 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 16,348. Click here to stay informed with the Illinois market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Illinois, IL

Thu Oct 30 2025
This week the median list price for Illinois, IL is $309,900 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 16,348. Click here to stay informed with the Illinois market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Illinois market.
Median List Price $309,900
Median Price of New Listings $292,000
Per Square Foot $167
Average Days on Market 87
Median Days on Market 49
Price Decreased 35%
Price Increased 1%
Relisted 17%
Inventory 16,348
Median Rent
Market Action 41
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$679,900 3,100 0.25 - 0.5 acre 4 3 28 393 433 63
$389,900 1,962 0 - 4,500 sqft 4 2.5 46 507 565 42
$240,000 1,560 0 - 4,500 sqft 3 2 66 529 582 42
$119,000 1,208 0 - 4,500 sqft 3 1 85 474 524 49