Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

Illinois home prices increase in September; Sales slow slightly

Housing at a Glance July 2016


(Oct. 20, 2016) - September brought continued annual gains in Illinois median home prices, while statewide sales declined slightly, according to Illinois REALTORS®.  Read the news release.

NEW: REAL study on the hidden cost of foreclosures in Chicago neighborhoods

Infographic: September Housing Market Snapshot
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Infographic: Solid Market Performance in First Half of 2016
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Infographic: Home Sales and Prices Heat Up in June
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Infographic: Road to Recovery: Housing Shows Strength in 2014
Download PDF | JPG | En Español


Sales -0.6%
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(En Español)


Housing Price Forecast

“Annual sales growth in September was flat in Illinois and Chicago,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois. “Prices, though, continued to increase and this trend is expected to prevail for the next three months. Both the Conference Board Consumer Confidence Index and the University of Michigan Consumer Sentiment Index pointed to positive directions at the national level as a result of a positive outlook on the labor market. Unfortunately, job growth in Illinois has been way below the national level, dampening housing sales.”


Chicago PMSA
Sales +0.1%
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(En Español)

City of Chicago
Sales -3.2%
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(En Español)

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