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Price Drops in Illinois

90 cities with year-over-year price decreases

-48.4%

Biggest Drop

-12.2%

Avg Decline

Opportunity for Buyers

Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.

Biggest Price Declines

All Price Drops in Illinois

1 Calumet City
-48.4%
$99K 114d on market 6.2 mo supply
2 Harvey
-46.3%
$73K 66d on market 7.9 mo supply
3 Lake Holiday
-45.7%
$315K 59d on market 1.3 mo supply
4 Oak Brook
-41.0%
$1.08M 130d on market 2.0 mo supply
5 Fairview Heights
-38.9%
$203K 44d on market 3.3 mo supply
6 Willowbrook
-35.8%
$218K 45d on market 4.0 mo supply
7 Burr Ridge
-34.7%
$588K 47d on market 2.7 mo supply
8 Highland
-31.1%
$171K 59d on market 1.2 mo supply
9 Forsyth
-30.6%
$222K 48d on market 1.2 mo supply
10 East Moline
-23.5%
$172K 17d on market 1.8 mo supply
11 Waterloo
-21.5%
$315K 28d on market 5.0 mo supply
12 Hawthorn Woods
-21.0%
$627K 137d on market 2.1 mo supply
13 Wilmette
-20.0%
$880K 42d on market 1.0 mo supply
14 Warrenville
-19.4%
$315K 39d on market 1.6 mo supply
15 Campton Hills
-18.8%
$650K 40d on market 1.6 mo supply
16 Palos Hills
-18.0%
$263K 68d on market 2.1 mo supply
17 La Grange Park
-17.9%
$398K 39d on market 1.0 mo supply
18 Lincoln
-17.0%
$112K 18d on market 1.2 mo supply
19 Deerfield
-16.9%
$540K 57d on market 1.4 mo supply
20 Geneva
-16.8%
$395K 68d on market 2.0 mo supply
21 Hinsdale
-16.7%
$850K 77d on market 2.1 mo supply
22 Kewanee
-16.7%
$75K 27d on market 0.8 mo supply
23 Palos Park
-16.4%
$535K 55d on market 1.6 mo supply
24 Hazel Crest
-16.1%
$130K 85d on market 4.1 mo supply
25 Northbrook
-15.7%
$565K 43d on market 1.7 mo supply
26 Wood Dale
-15.2%
$320K 46d on market 2.5 mo supply
27 Urbana
-15.2%
$212K 43d on market 2.1 mo supply
28 Danville
-14.6%
$120K 26d on market 2.6 mo supply
29 Peoria Heights
-14.6%
$123K 48d on market 1.8 mo supply
30 Moline
-14.5%
$120K 29d on market 2.3 mo supply
31 Chicago Ridge
-13.9%
$198K 61d on market 2.4 mo supply
32 Alton
-13.9%
$135K 42d on market 2.5 mo supply
33 Bloomingdale
-13.8%
$348K 69d on market 2.9 mo supply
34 Roscoe
-13.7%
$305K 13d on market 0.6 mo supply
35 Glendale Heights
-13.5%
$241K 51d on market 1.8 mo supply
36 Hoopeston
-13.4%
$78K 54d on market 2.6 mo supply
37 Arlington Heights
-13.3%
$431K 59d on market 1.1 mo supply
38 Maryville
-12.7%
$350K 40d on market 1.4 mo supply
39 Manteno
-12.7%
$310K 76d on market 2.3 mo supply
40 Lyons
-12.1%
$223K 43d on market 1.3 mo supply
41 Troy
-11.7%
$275K 40d on market 2.2 mo supply
42 Columbia
-11.5%
$275K 48d on market 1.6 mo supply
43 Pontiac
-11.3%
$118K 45d on market 2.9 mo supply
44 Glenwood
-11.1%
$182K 147d on market 5.4 mo supply
45 Homer Glen
-10.8%
$473K 55d on market 1.6 mo supply
46 Villa Park
-10.8%
$340K 40d on market 1.3 mo supply
47 Naperville
-9.3%
$541K 64d on market 1.6 mo supply
48 Bartonville
-9.3%
$140K 26d on market 1.5 mo supply
49 Morris
-8.9%
$255K 43d on market 2.4 mo supply
50 Plainfield
-8.6%
$475K 79d on market 2.8 mo supply
51 Palatine
-8.5%
$349K 56d on market 2.0 mo supply
52 Woodstock
-7.0%
$307K 54d on market 2.1 mo supply
53 Libertyville
-6.8%
$515K 54d on market 1.5 mo supply
54 Shiloh
-6.8%
$331K 66d on market 2.7 mo supply
55 Antioch
-6.7%
$326K 70d on market 2.5 mo supply
56 Evanston
-6.7%
$420K 70d on market 1.7 mo supply
57 Beach Park
-6.4%
$293K 63d on market 1.9 mo supply
58 Long Grove
-5.7%
$913K 134d on market 3.8 mo supply
59 Alsip
-5.7%
$250K 77d on market 2.8 mo supply
60 Batavia
-5.6%
$463K 56d on market 1.3 mo supply
61 Elburn
-5.6%
$384K 50d on market 1.5 mo supply
62 Schaumburg
-5.3%
$305K 50d on market 1.4 mo supply
63 Inverness
-5.1%
$778K 55d on market 1.6 mo supply
64 Frankfort
-4.5%
$575K 63d on market 1.2 mo supply
65 Winfield
-4.5%
$365K 51d on market 1.0 mo supply
66 Bethalto
-3.9%
$173K 32d on market 1.7 mo supply
67 West Chicago
-3.5%
$363K 53d on market 0.8 mo supply
68 Chatham
-3.4%
$239K 17d on market 1.5 mo supply
69 Cicero
-3.3%
$295K 75d on market 3.5 mo supply
70 Carpentersville
-3.1%
$265K 44d on market 1.4 mo supply
71 Lincolnwood
-3.0%
$524K 70d on market 2.0 mo supply
72 Auburn
-2.9%
$165K 22d on market 0.3 mo supply
73 Oak Forest
-2.6%
$278K 61d on market 2.2 mo supply
74 Elmhurst
-2.4%
$539K 54d on market 1.9 mo supply
75 Rolling Meadows
-2.4%
$330K 58d on market 1.5 mo supply
76 Carol Stream
-2.1%
$350K 46d on market 1.0 mo supply
77 Sycamore
-1.9%
$250K 56d on market 2.0 mo supply
78 Oak Lawn
-1.9%
$260K 59d on market 2.8 mo supply
79 Darien
-1.8%
$465K 52d on market 1.8 mo supply
80 Rock Falls
-1.6%
$124K 36d on market 1.4 mo supply
81 Flossmoor
-1.6%
$310K 102d on market 5.1 mo supply
82 Tinley Park
-1.5%
$320K 60d on market 1.6 mo supply
83 Plano
-1.5%
$330K 56d on market 1.6 mo supply
84 North Chicago
-1.4%
$215K 92d on market 1.5 mo supply
85 Belleville
-1.2%
$146K 36d on market 2.5 mo supply
86 Island Lake
-0.7%
$270K 50d on market 1.2 mo supply
87 Bartlett
-0.6%
$397K 71d on market 1.9 mo supply
88 Zion
-0.4%
$229K 54d on market 2.0 mo supply
89 Rock Island
-0.1%
$115K 59d on market 3.4 mo supply
90 Rochelle
-0.0%
$167K 51d on market 1.5 mo supply

More Illinois Market Data

Markets with Price Corrections in Illinois

90 cities in Illinois are experiencing year-over-year price declines. The largest drop is in Calumet City at -48.4%.

Why Prices Drop

Is It a Good Time to Buy?

Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.

Find Opportunities in Illinois

Work with a local agent who can help you identify value in changing markets.

Find an Agent