Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

Illinois home prices increase in April; Sales lower amid tight inventory

Housing Market Outlook 2016-17 Video

Housing at a Glance April 2017


(May 24, 2017) - Homes sold faster and prices rose, but home sales slowed in April with seasonally low inventory levels, 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: April Housing Market Snapshot
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Sales -3.4%
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(En Español)


Housing Price Forecast

“While sales will continue the usual early summer upward growth, there are some sharp differences in the forecasts for median prices” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois.  “The forecasts for median price indicate continued positive changes, but the REAL Housing Price Index (HPI), which compares specific housing characteristics, suggests declines and may also be reflecting the employment losses in the state over the past two months.”


Chicago PMSA
Sales -2.3%
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(En Español)

City of Chicago
Sales -4.4%
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(En Español)


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