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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.

2.58%
-20.4% Y-o-Y

Calculated 11/02/2009^*
^*Includes data and transactions through 09/30/2009

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Sep 2009
21	Illinois	-1.9%	-5.1%	-20.4%	2.58%
394394	Bloomington Metro
394438	Canton Metro
394442	Carbondale Metro
394451	Centralia Metro
394454	Champaign-Urbana Metro	0.3%	-3.4%	-18.5%	4.46%
394456	Charleston Metro
394463	Chicago Metro	-1.6%	-5.1%	-20.5%	2.57%
394516	Danville Metro
394524	Decatur Metro
394535	Dixon Metro
394557	Effingham Metro
394616	Freeport Metro
394625	Galesburg Metro
394665	Harrisburg Metro
394715	Jacksonville Metro
394734	Kankakee Metro
394795	Lincoln Metro
394812	Macomb Metro
394828	Marion Metro
394888	Mount Vernon Metro
394946	Ottawa Metro
394972	Peoria Metro
394992	Pontiac Metro
395029	Rochelle Metro
395033	Rockford Metro	-1.4%	-2.6%	-20.7%	3.43%
395114	Springfield Metro
395131	Sterling Metro
395150	Taylorville Metro

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Average Rates	Today	Last Week
30 Year Fixed	4.53%	4.62%
15 Year Fixed	4.10%	4.19%

10 year fixed	4.12%	3 min ago
30 year fixed	4.50%	3 min ago
30 year fixed	4.75%	3 min ago
7/1 ARM	4.62%	3 min ago
10/1 ARM	4.38%	3 min ago
30 year fixed	4.88%	3 min ago
10 year fixed	4.12%	3 min ago
30 year fixed	4.88%	3 min ago
5/1 ARM (FHA)	4.75%	3 min ago
30 year fixed (FHA ...	4.75%	3 min ago
30 year fixed	5.12%	3 min ago
30 year fixed (FHA ...	4.75%	3 min ago
30 year fixed (FHA ...	4.50%	3 min ago
30 year fixed (FHA ...	4.75%	3 min ago
15 year fixed	4.25%	3 min ago
30 year fixed (FHA ...	4.75%	3 min ago
20 year fixed	4.50%	4 min ago
20 year fixed	4.25%	4 min ago
20 year fixed	4.62%	4 min ago
20 year fixed	4.50%	4 min ago
20 year fixed	4.25%	4 min ago
20 year fixed	4.75%	4 min ago
15 year fixed	4.25%	4 min ago
30 year fixed (FHA ...	4.75%	4 min ago
20 year fixed	4.38%	4 min ago
15 year fixed	4.00%	4 min ago
30 year fixed	4.50%	4 min ago
20 year fixed	4.50%	4 min ago
15 year fixed	4.25%	4 min ago
30 year fixed	4.75%	4 min ago
20 year fixed	4.62%	4 min ago
15 year fixed	4.25%	4 min ago
30 year fixed	4.75%	4 min ago
30 year fixed	4.25%	4 min ago
30 year fixed	4.62%	4 min ago
20 year fixed	4.49%	4 min ago
20 year fixed	4.50%	4 min ago
20 year fixed	4.62%	4 min ago
15 year fixed	3.99%	4 min ago
15 year fixed	4.00%	4 min ago
15 year fixed	4.12%	4 min ago
30 year fixed	4.50%	4 min ago
30 year fixed	4.62%	4 min ago
20 year fixed	4.50%	4 min ago
30 year fixed	4.50%	4 min ago
15 year fixed	4.25%	4 min ago
30 year fixed	4.75%	4 min ago
20 year fixed	4.25%	4 min ago
20 year fixed	4.50%	4 min ago

Home Values

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Illinois Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median days listed on Zillow

Homes for sale on Zillow

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed (%)

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Illinois.

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Sold in past year (%)		Y-o-Y
Illinois	2.58%	-20.4%
Wisconsin	2.07%	-36.3%
Kentucky	1.71%	-44.6%
Iowa	1.38%	-36.0%
Michigan	3.61%	-3.5%
Arkansas	2.51%	-30.6%

Home Values

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Nearby States

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Illinois Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median days listed on Zillow

Homes for sale on Zillow

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed (%)

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Illinois.

Compare States Near Illinois

Zillow Mortgage Marketplace

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