State market data for agents
Illinois housing market — data for agents
The latest Illinois home prices, inventory, and days-on-market — the numbers to quote when you set a seller's expectations or reassure a buyer — with month-over-month and year-over-year trends and how it stacks up nationally. When a client says “but I heard the market is…,” you can show them the typical Illinois home is 20.6% lower than the U.S. typical value of $370K.
Data as of May 2026.
Latest snapshot — quote these in your CMA
Home value
$294K
May 2026
Sale price
$338K
May 2026
Days on market
43 days
May 2026
Inventory
33,168
May 2026
Months supply
3
May 2026
Homes sold
12,727
May 2026
Sale-to-list
100.4%
May 2026
What to tell your buyers and sellers
Drop these lines straight into a listing presentation or a pricing conversation — each one is the current Illinois figure with its trend, not an opinion.
- ·Typical home value (ZHVI) is $294,136 — +0.1% month over month、+4.9% year over year.
- ·Median sale price is $337,900 — +1.5% month over month、+5.9% year over year.
- ·Median days on market is 43 days — -6.5% month over month、0.0% year over year.
- ·Homes for sale is 33,168 — +3.7% month over month、-2.2% year over year.
13-month trends — the story behind your pricing
Metro areas in Illinois
All real estate is local — drill into your client's metro for the numbers that actually move a pricing conversation.
| Metro area | Typical home value |
|---|---|
| Chicago, IL | $354K |
| Peoria, IL | $173K |
| Davenport, IA | $195K |
| Rockford, IL | $221K |
| Champaign, IL | $237K |
| Springfield, IL | $200K |
| Bloomington, IL | $260K |
| Ottawa, IL | — |
Sources & methodology
Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly — so you can quote it in a listing appointment or CMA and back it with a link when a client pushes back. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices.
