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Illinois Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index

Mid-point of Zestimate valuations for Illinois. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)

Mid-point of the list price for homes listed on Zillow in Illinois, or the asking price.
Median sale price ($)
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Median sale price ($)

Mid-point of the price homes have sold for in Illinois. Half the homes sold above this number and half sold below.
Median days listed on Zillow
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Median days listed on Zillow

Mid-point of number of days homes in Illinois have been listed as active on Zillow.
Homes for sale on Zillow
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Homes for sale on Zillow

Total number of homes listed on Zillow that are for sale in Illinois.
Total homes sold
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Total homes sold

Total number of homes sold in Illinois during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)

Mid-point of the value of all homes in Illinois, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price per sq. ft. ($)
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Median list price per sq. ft. ($)

Mid-point of Illinoiss list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price per sq. ft. ($)
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Median sale price per sq. ft. ($)

Mid-point of Illinoiss sold prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sold price/sq ft of $200).
Median list-to-sale price ratio
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Median list-to-sale price ratio

Mid-point of the ratio between the list price and the sold price for all homes in Illinois (e.g. if a home with a list price of $250k sells for $200k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)

The percentage of current listings on Zillow in Illinois whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)

The mid-point of the percentage of price reduction for homes in Illinois whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)

The percentage of homes in Illinois that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)

The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed (%)
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Homes foreclosed (%)

The percentage of all homes in Illinois that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)

The percentage of home sales in a given month in Illinois where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)

The percentage of homes in Illinois whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)

The percentage of all homes in Illinois whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)

The percentage of all homes in Illinois that were sold in the past 12 months.

$217,000
-7.8% Y-o-Y

Calculated 11/02/2009^*
^*Includes data and transactions through 10/31/2009

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Oct 2009
21	Illinois	-1.3%	-1.3%	-7.8%	217000
394394	Bloomington Metro	-8.1%	-7.6%	-5.0%	170000
394438	Canton Metro	2.7%	-9.4%	-18.8%	95000
394442	Carbondale Metro	-3.2%	-3.7%	-4.0%	119900
394451	Centralia Metro	-3.9%	-11.1%	11.3%	84500
394454	Champaign-Urbana Metro	-3.2%	-3.2%	-3.2%	149900
394456	Charleston Metro	-0.5%	-0.5%	8.6%	94500
394463	Chicago Metro	-2.8%	-2.0%	-7.7%	240000
394516	Danville Metro	-5.4%	-8.8%	-3.0%	77500
394524	Decatur Metro	0.0%	0.0%	22.3%	109900
394535	Dixon Metro	-3.7%	-12.8%	-18.8%	129900
394557	Effingham Metro	3.4%	3.4%	-3.1%	155000
394616	Freeport Metro	-4.8%	-9.1%	-28.6%	99900
394625	Galesburg Metro	8.4%	2.1%	9.6%	97000
394665	Harrisburg Metro	0.0%	0.0%	-3.4%	85000
394715	Jacksonville Metro	-0.1%	-10.0%	13.8%	89900
394734	Kankakee Metro	-5.0%	-9.6%	-0.7%	150000
394795	Lincoln Metro	-6.6%	-6.8%	17.7%	99900
394812	Macomb Metro	-6.9%	-6.9%	-3.7%	129900
394828	Marion Metro	-3.8%	-2.3%	4.1%	124900
394888	Mount Vernon Metro	-3.8%	15.1%	0.4%	115000
394946	Ottawa Metro	-2.2%	-6.9%	-12.8%	135000
394972	Peoria Metro	-0.6%	-3.1%	-3.0%	154900
394992	Pontiac Metro	-4.4%	-11.3%	-26.7%	109900
395029	Rochelle Metro	1.4%	1.4%	-2.9%	169900
395033	Rockford Metro	-0.6%	-0.6%	-7.3%	139000
395114	Springfield Metro	-3.8%	-5.9%	0.0%	125000
395131	Sterling Metro	4.4%	4.4%	4.4%	120000
395150	Taylorville Metro	1.8%	4.0%	-13.3%	77900

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Compare States Near Illinois

Median list price ($)		Y-o-Y
Illinois	$217,000	-7.8%
Indiana	$130,000	-4.4%
Missouri	$150,000	-6.2%
Wisconsin	$175,000	-5.1%
Kentucky	$149,900	-3.8%
Iowa	$144,900	-3.3%

See more states near Illinois

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30 Year Fixed	4.66%	4.66%
15 Year Fixed	4.22%	4.22%

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30 year fixed	4.88%	1 min ago
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30 year fixed	4.75%	1 min ago
7/1 ARM, Jumbo	4.25%	1 min ago
25 year fixed	4.38%	2 min ago
30 year fixed	4.38%	3 min ago
15 year fixed	4.25%	5 min ago
7/1 ARM	3.62%	5 min ago
30 year fixed (FHA ...	4.50%	5 min ago
30 year fixed	4.88%	5 min ago
7/1 ARM	3.50%	5 min ago
30 year fixed	4.50%	5 min ago
7/1 ARM	3.50%	5 min ago
30 year fixed (FHA ...	4.50%	5 min ago
10 year fixed	4.25%	5 min ago
30 year fixed	4.62%	5 min ago
7/1 ARM	4.12%	5 min ago
7/1 ARM	4.25%	5 min ago
10 year fixed	4.50%	5 min ago
30 year fixed (FHA ...	4.75%	5 min ago
7/1 ARM	4.38%	5 min ago
30 year fixed	4.50%	5 min ago
30 year fixed	4.62%	5 min ago
30 year fixed	4.75%	5 min ago
7/1 ARM	3.62%	5 min ago
30 year fixed	4.62%	5 min ago
10 year fixed	4.50%	5 min ago
10 year fixed	4.12%	5 min ago
7/1 ARM	3.62%	5 min ago
10 year fixed	4.25%	5 min ago
7/1 ARM	3.75%	5 min ago
30 year fixed	4.50%	5 min ago
30 year fixed	4.50%	5 min ago
30 year fixed	4.62%	5 min ago
10 year fixed	4.25%	6 min ago
7/1 ARM	4.00%	6 min ago
7/1 ARM	3.88%	6 min ago
30 year fixed	4.75%	6 min ago
7/1 ARM	4.00%	6 min ago
30 year fixed	4.62%	6 min ago
10 year fixed	4.12%	6 min ago
7/1 ARM	3.88%	6 min ago
30 year fixed	4.62%	6 min ago
30 year fixed	4.50%	6 min ago
30 year fixed	4.88%	6 min ago

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For Sale Illinois Homes

$237,400
3646 125th St, Pleasant Prairie, WI 53158

$649,900
4101 Lindley St, Downers Grove, IL 60515

$999,900
6519 Stonebrook Dr, Edwards, IL 61528

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Increasing values (%)

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Sold in past year (%)

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Homes foreclosed (%)

Foreclosure re-sales (%)

Increasing values (%)

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Sold in past year (%)

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