Illinois Real Estate & Property Data

Illinois Real Estate Market Trends
Last Updated: April 22, 2025

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 164,459 residential properties sold in the Illinois real estate market over the past 12 months. As of September 2025, the median home price in IL on single-family homes is $275,000. The median single-family home value for properties over the last 12 months is $271,500. Currently, the State of Illinois has 2,081 properties in foreclosure and 252 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
Total Residential Properties 3,994,511
Total Commercial Properties 318,502
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,696
Total 2025 Residential Sales (year-to-date) 20,182
% of Homes Seriously Underwater (Q2 2025) 1.27%
Total 2024 Residential Sales 154,417
% of Equity Rich Homes (Q2 2025) 35.07%
Effective 2024 Property Tax 1.84%
Total Foreclosure Filings (year-to-date) 3,862
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Illinois Real Estate Overview

There were 164,459 residential properties sold in the past year in Illinois. The median home value in Illinois is $271,500. There are a total of 3,994,511 residential properties in the IL.

Median Sales Price i
$275,000
(Feb 2025)
+7.8%
year-over-year
y-o-y
  • February '25 Feb '25 $275,000
  • January '25 Jan '25 $295,000
  • December '24 Dec '24 $279,063
  • November '24 Nov '24 $286,000
  • October '24 Oct '24 $285,000
  • September '24 Sep '24 $294,000
  • August '24 Aug '24 $300,000
  • July '24 Jul '24 $305,000
  • June '24 Jun '24 $305,000
  • May '24 May '24 $290,000
  • April '24 Apr '24 $279,250
  • March '24 Mar '24 $276,000
Median Down Payment i
$28,650
(Feb 2025)
+14.6%
year-over-year
y-o-y
  • February '25 Feb '25 $28,650
  • January '25 Jan '25 $32,800
  • December '24 Dec '24 $29,200
  • November '24 Nov '24 $31,650
  • October '24 Oct '24 $31,500
  • September '24 Sep '24 $33,085
  • August '24 Aug '24 $35,500
  • July '24 Jul '24 $37,500
  • June '24 Jun '24 $38,500
  • May '24 May '24 $33,013
  • April '24 Apr '24 $30,000
  • March '24 Mar '24 $28,000
Number of Homes Sold i
8,950
(Feb 2025)
+1.2%
year-over-year
y-o-y
  • February '25 Feb '25 8,950
  • January '25 Jan '25 11,232
  • December '24 Dec '24 12,100
  • November '24 Nov '24 11,953
  • October '24 Oct '24 13,505
  • September '24 Sep '24 13,261
  • August '24 Aug '24 15,205
  • July '24 Jul '24 15,707
  • June '24 Jun '24 13,946
  • May '24 May '24 14,395
  • April '24 Apr '24 13,922
  • March '24 Mar '24 11,440
Number of Purchase Loans i
6,674
(Feb 2025)
+6.5%
year-over-year
y-o-y
  • February '25 Feb '25 6,674
  • January '25 Jan '25 9,066
  • December '24 Dec '24 9,588
  • November '24 Nov '24 9,458
  • October '24 Oct '24 10,373
  • September '24 Sep '24 10,402
  • August '24 Aug '24 11,716
  • July '24 Jul '24 12,364
  • June '24 Jun '24 10,808
  • May '24 May '24 10,910
  • April '24 Apr '24 10,425
  • March '24 Mar '24 8,670
Number of REFI Loans i
5,567
(Feb 2025)
+13%
year-over-year
y-o-y
  • February '25 Feb '25 5,567
  • January '25 Jan '25 6,920
  • December '24 Dec '24 6,941
  • November '24 Nov '24 7,346
  • October '24 Oct '24 8,172
  • September '24 Sep '24 6,975
  • August '24 Aug '24 6,587
  • July '24 Jul '24 6,411
  • June '24 Jun '24 5,260
  • May '24 May '24 6,135
  • April '24 Apr '24 6,240
  • March '24 Mar '24 5,415
Number of HELOC Loans i
2,788
(Feb 2025)
+16.6%
year-over-year
y-o-y
  • February '25 Feb '25 2,788
  • January '25 Jan '25 3,205
  • December '24 Dec '24 3,718
  • November '24 Nov '24 3,351
  • October '24 Oct '24 3,686
  • September '24 Sep '24 3,745
  • August '24 Aug '24 3,936
  • July '24 Jul '24 3,838
  • June '24 Jun '24 3,482
  • May '24 May '24 4,004
  • April '24 Apr '24 3,570
  • March '24 Mar '24 3,088

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 2,081 Illinois properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1,515 Illinois properties and repossessed 252 Illinois properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
2,081
(Feb 2025)
+37%
year-over-year
y-o-y
  • February '25 Feb '25 2,081
  • January '25 Jan '25 1,781
  • December '24 Dec '24 1,253
  • November '24 Nov '24 1,142
  • October '24 Oct '24 1,345
  • September '24 Sep '24 1,953
  • August '24 Aug '24 1,687
  • July '24 Jul '24 1,819
  • June '24 Jun '24 1,551
  • May '24 May '24 2,044
  • April '24 Apr '24 1,911
  • March '24 Mar '24 1,946
Foreclosure Starts i
1,515
(Feb 2025)
+52.1%
year-over-year
y-o-y
  • February '25 Feb '25 1,515
  • January '25 Jan '25 1,228
  • December '24 Dec '24 715
  • November '24 Nov '24 701
  • October '24 Oct '24 899
  • September '24 Sep '24 1,097
  • August '24 Aug '24 1,207
  • July '24 Jul '24 1,221
  • June '24 Jun '24 1,096
  • May '24 May '24 1,427
  • April '24 Apr '24 1,378
  • March '24 Mar '24 1,427
Completed Foreclosures (REOs) i
252
(Feb 2025)
-21%
year-over-year
y-o-y
  • February '25 Feb '25 252
  • January '25 Jan '25 193
  • December '24 Dec '24 192
  • November '24 Nov '24 206
  • October '24 Oct '24 252
  • September '24 Sep '24 223
  • August '24 Aug '24 224
  • July '24 Jul '24 221
  • June '24 Jun '24 232
  • May '24 May '24 254
  • April '24 Apr '24 244
  • March '24 Mar '24 184
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