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 ($)
    Mid-point of the price homes have sold for in Illinois. Half the homes sold above this number and half sold below.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Illinois. Half the homes have rent prices above this number and half are below.
  • 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 sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Median rent list price per sq. ft. ($)

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    Median rent list price per sq. ft. ($)
    Mid-point of Illinoiss rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Illinois (e.g. if a home with a list price of $200k sells for $250k, 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 number of homes in the Illinois per 10,000 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.
  • $159,900
  • -8.1%Y-o-Y
  • Calculated 02/01/2012*
  • *Includes data and transactions through 01/31/2012
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This data is not available for Illinois.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jan 2012
21
0.0%
-4.8%
-8.1%
159900
394394
2.7%
-0.6%
-1.3%
153900
394438
1.1%
-0.1%
7.5%
84900
394442
-0.9%
-2.6%
13.1%
112000
394451
-3.1%
0.0%
-6.8%
74500
394454
-0.8%
-1.6%
-5.1%
131900
394456
0.0%
3.0%
10.5%
98900
394463
0.5%
-4.8%
-7.7%
179900
394516
-1.2%
-1.3%
5.9%
74000
394524
5.4%
2.6%
18.8%
94900
394535
0.1%
0.8%
-3.2%
120000
394557
-0.6%
3.9%
9.4%
164000
394616
0.4%
-4.9%
6.8%
99900
394625
-0.6%
-6.0%
-1.7%
84500
394665
-0.7%
-13.3%
-9.4%
72000
394715
0.0%
2.7%
-9.2%
89900
394734
0.0%
-6.4%
-6.7%
139900
394795
3.2%
0.0%
11.1%
99900
394812
0.0%
-9.1%
-20.1%
99900
394828
-0.8%
-8.4%
0.0%
119000
394888
6.7%
5.0%
5.6%
104500
394946
-1.7%
-2.9%
-2.4%
117000
394972
2.4%
-3.7%
3.5%
129900
394992
15.0%
9.4%
24.9%
114900
395029
0.3%
0.3%
-5.4%
139900
395033
0.0%
-4.0%
-8.7%
104900
395114
1.7%
-5.5%
5.5%
121900
395131
5.3%
-9.2%
0.0%
99900
395150
2.2%
2.2%
3.7%
97000

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Median list price ($)Y-o-Y
Illinois$159,900-8.1%
Indiana$126,4001.1%
Missouri$137,500-1.1%
Wisconsin$154,000-3.7%
Kentucky$142,5001.9%
Iowa$129,900-2.3%
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