Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

January brings uptick in llinois home sales and prices 

Housing Market Outlook 2016-17 Video

Housing at a Glance January 2017


(Feb. 22, 2017) - The start of a new year brought renewed interest from homebuyers who drove home sales and the statewide median price higher in January, 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: January Housing Market Snapshot
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Infographic: Solid Market Performance in First Half of 2016
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Sales +1.2%
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(En Español)


Housing Price Forecast

“Illinois median prices have already recovered to the pre-bubble levels while those in the Chicago PMSA are very close,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois. “Forecasts for median prices and the REAL Housing Price Indices (REAL HPI) also indicate moderate annual growth for both Illinois and the Chicago PMSA with a slightly stronger growth forecast by the REAL HPI for the next three months.” 


Chicago PMSA
Sales +0.6%
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(En Español)

City of Chicago
Sales +9.3%
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(En Español)


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