Illinois REALTORS® issues monthly housing market statistics reflecting median price and number of homes sold by Illinois, Chicagoland PMSA and county data.

Existing home sales

Illinois median home prices increase in August; sales lower

Illinois median prices moved higher in August as statewide sales and available housing inventory decreased, data from Illinois REALTORS® show. Statewide home sales (including single-family homes and condominiums) in August totaled 15,716 homes sold, down 6.7 percent from 16,852 in [...]

Illinois Housing Data at a Glance

Illinois Housing Data at a Glance

Monthly Housing Market Reports

Geoffrey JD Hewings

Dr. Geoffrey J.D. Hewings,

Director of the
Regional Economics
Applications Laboratory
at the University of Illinois

Illinois housing market forecasts

September 2019
3Q 2019
2019 Forecast

Illinois REALTORS® partners with the Regional Economics Applications Laboratory (REAL) at the University of Illinois to provide a housing forecasting model based on Multiple Listing Service sales reported by participating local boards and associations. The REAL forecast links economic indicators with real estate trends and indicators for the state of Illinois as a whole and the Chicago PMSA and offers monthly, quarterly and annual outlooks.