Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

Illinois housing market swings into spring with jump in home sales, prices   

Housing Market Outlook 2016-17 Video

Housing at a Glance March 2017


(April 21, 2017) - The Illinois housing market had a strong showing in March with home sales climbing 9.6 percent over previous-year levels and the statewide median price surging 10.7 percent higher, according to Illinois REALTORS®.   Read the news release.

Download a copy of the 2016 Illinois Housing Report.

Infographic: Year-End 2016

Infographic: 2017 Market Forecast
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Infographic: March Housing Market Snapshot
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Infographic: Solid Market Performance in First Half of 2016
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Sales +9.6%
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(En Español)


Housing Price Forecast

“In inflation adjusted terms, both the Illinois and Chicago housing markets have recovered to their pre-recession levels,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory (REAL) at the University of Illinois. “The consumer indices still reflect a positive outlook on the economy although the Home Purchase Sentiment Index declined, reflecting some elevated concerns about job security.”


Chicago PMSA
Sales +13.1%
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(En Español)

City of Chicago
Sales +15.3%
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(En Español)


Contact: Jon Broadbooks, Director of Communications
217-529-2600 phone |