RealTrends Market Report

Illinois, IL

Single-Family Homes

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Illinois, IL

Mon Dec 22 2025
This week the median list price for Illinois, IL is $280,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 13,940. 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 22 2025
This week the median list price for Illinois, IL is $280,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 13,940. 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 $280,000
Median Price of New Listings $260,000
Per Square Foot $158
Average Days on Market 104
Median Days on Market 70
Price Decreased 36%
Price Increased 1%
Relisted 15%
Inventory 13,940
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
$620,000 2,935 8,000 - 10,000 sqft 4 3 28 166 429 84
$354,900 1,878 0 - 4,500 sqft 3 2 52 252 436 63
$219,990 1,516 0 - 4,500 sqft 3 2 67 265 434 63
$103,000 1,188 0 - 4,500 sqft 3 1 87 233 386 63