$0
5 bd3 ba3,718 sqft
219 Monroe St
Illinois Housing Market
$297,573
5.3% 1-yrThe average Illinois home value is $297,573, up 5.3% over the past year, and homes go to pending in around 12 days. (Updated on )
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.
Illinois Key Takeaways
Typical Home Values: $297,573
1-Year Value Change: +5.3%
(Data through August 31, 2026)
Illinois Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 33,749 ()
New Listings: 13,496 ()
Median Sale to List Ratio: 1.000 ()
Median Sale Price: $305,667 ()
Median List Price: $314,921 ()
Percent of Sales Over List Price: 46.4% ()
Percent of Sales Under List Price: 39.1% ()
Median Days to Pending: 12 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
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Illinois Rental Market Trends
Average Rent: --
National Average Rent: $1,948 ()
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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Illinois?
The median home value in Illinois is $297,573 as of August 2026. This represents a 5.3% increase year-over-year.
How do home values in Illinois compare to the national average?
The median home value in Illinois ($297,573) is lower than the U.S. national median ($368,697), representing a 19.3% difference.
Which counties in Illinois have the highest home values?
The counties with the highest median home values in Illinois include: DuPage County ($449,185), Lake County ($400,964), Kendall County ($398,180), Kane County ($388,625), Will County ($379,266).
What metros in Illinois have the fastest growing home values?
Metro areas with the highest year-over-year home value growth in Illinois include: Rockford, IL (9.0%), Springfield, IL (8.6%), Peoria, IL (7.4%), Decatur, IL (7.3%), Kankakee, IL (6.6%).
