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Illinois Housing Market

$283,509

3.8% 1-yr

The average Illinois home value is $283,509, up 3.8% over the past year and goes to pending in around 12 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Illinois Key Takeaways

Typical Home Values: $283,509

1-year Value Change: +3.8%

(Data through September 30, 2025)

Illinois Housing Market Overview

--1-year Market Forecast
32,834For sale inventory(September 30, 2025)
12,616New listings(September 30, 2025)
1.000Median sale to list ratio(August 31, 2025)
$288,583Median sale price(August 31, 2025)
$296,600Median list price(September 30, 2025)
44.0%Percent of sales over list price(August 31, 2025)
41.4%Percent of sales under list price(August 31, 2025)
12Median days to pending(September 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Illinois

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Illinois Rental Market Trends

--Average rent in Illinois
$1,979National average rent(September 30, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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