Illinois home prices and home sales higher in July; inventory sees year-over-year decline
In July 2026, statewide home sales (including single-family homes and condominiums) of 13,503 homes sold was 0.8 percent more than 13,390 sold in July 2025. The 22,363 homes available for sale statewide in July were 4.7 percent less than the 23,467 homes available in July 2025. The monthly median price [...]
Monthly Housing Market Reports
Illinois REALTORS® partners with the Institute for Housing Studies at DePaul University to provide a housing forecasting model based on Multiple Listing Service sales reported by participating local boards and associations. The forecast links economic indicators with real estate trends and indicators for the state of Illinois as a whole and the Chicago Metro Area and offers monthly, quarterly and annual outlooks.
Illinois Housing Data at a Glance
