Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

Strong buyer demand, lower inventory push Illinois home prices  higher in September 


Housing Market Outlook 2016-17 Video

 

 

(Oct. 20, 2017) - Homes sold quickly and at higher median prices in September, even as statewide home sales dipped slightly amid lower than normal housing inventory levels, according to Illinois REALTORS®. Read the news release.

Infographic: 2017 Market Forecast
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Infographic: September Housing Market Snapshot
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Download a copy of the 2016 Illinois Housing Report.

 
Infographic: Year-End 2016
 

Watch the Latest Housing Video

 

Statewide
Sales -4.0%
Click here for report | 
(En Español)

 

Housing Price Forecast

“Housing inventory continues to dampen sales,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois. “This problem is reflected in the significant increases in the sales prices of foreclosed properties, increasing by over 15 percent compared to 5 percent for regular sales.”

 

Chicago PMSA
Sales -4.6%
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(En Español)

City of Chicago
Sales -3.7%
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(En Español)

 


Contact: Jon Broadbooks, Director of Communications
217-529-2600 phone | jbroadbooks@illinoisrealtors.org