2025 Market Report & Data
$300K
Median Price
55
Days on Market
2.3
Months Supply
+5.7%
YoY Change
Seller's Market
Market Type
32
cities with 6+ months supply
159
cities with 3-6 months supply
936
cities with <3 months supply
| City | Median Price | DOM |
|---|---|---|
| 1. Washington Park | $5K | 195d |
| 2. Cable | $6K | 274d |
| 3. Lake Ka-Ho | $8K | 47d |
| 4. Palmer | $8K | 72d |
| 5. Assumption | $10K | 172d |
| 6. Dowell | $11K | 107d |
| 7. Maquon | $12K | 100d |
| 8. Grand Tower | $13K | 42d |
| 9. Altona | $13K | 109d |
| 10. Indianola | $13K | 18d |
| City | Median Price | DOM |
|---|---|---|
| 1. Kenilworth | $2.20M | 68d |
| 2. Glencoe | $1.64M | 25d |
| 3. Winnetka | $1.55M | 42d |
| 4. Lake Bluff | $1.35M | 77d |
| 5. South Barrington | $1.30M | 131d |
| 6. Lake Forest | $1.20M | 58d |
| 7. Wayne | $1.16M | 44d |
| 8. Barrington Hills | $1.11M | 135d |
| 9. Oak Brook | $1.08M | 130d |
| 10. Mettawa | $1.05M | 46d |
The Illinois housing market currently shows seller's market conditions, with a median sale price of $300K and 2.3 months of inventory supply. Homes in Illinois typically sell in 55 days.
Whether you're buying or selling in Illinois, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Illinois provides expert guidance tailored to your specific city and neighborhood.
Illinois is currently classified as a seller's market based on months of supply data. Low inventory gives sellers an advantage with faster sales and less price negotiation. Market conditions vary by city, so check local data for your specific area.
The median home price in Illinois is approximately $300K as of 2026. Prices range significantly across the state, with Kenilworth among the most expensive areas and Washington Park offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.
Selling timelines in Illinois vary by city and market conditions. The fastest-selling markets include Brooklyn with a median of null days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.
Whether to buy in Illinois depends on your personal finances, timeline, and target market. The competitive market means acting quickly and being prepared with financing. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.
Start by researching agents with proven experience in your target Illinois market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Illinois to help you find the right match.
Connect with a local expert who knows your market.
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