RealTrends Market Report

Illinois, IL

Single-Family Homes

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Illinois, IL

Mon Dec 08 2025
This week the median list price for Illinois, IL is $289,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 14,748. 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

Mon Dec 08 2025
This week the median list price for Illinois, IL is $289,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 14,748. 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 $289,000
Median Price of New Listings $259,999
Per Square Foot $160
Average Days on Market 100
Median Days on Market 63
Price Decreased 37%
Price Increased 1%
Relisted 16%
Inventory 14,748
Median Rent
Market Action 39
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
$639,500 3,000 8,000 - 10,000 sqft 4 3 27 138 366 77
$365,000 1,900 0 - 4,500 sqft 3 2 51 210 403 56
$225,000 1,527 4,500 - 6,500 sqft 3 2 67 215 373 56
$109,900 1,200 0 - 4,500 sqft 3 1 86 212 336 56