Illinois home prices higher in August; home sales and inventory see year-over-year decline
In August 2026, statewide home sales (including single-family homes and condominiums) of 12,103 homes sold was 4.6 percent less than 12,692 sold in August 2025. The 22,531 homes available for sale statewide in August were 4.7 percent less than the 23,644 homes available in August 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
