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 April; sales lower

Illinois median prices increased in April while sales, which tracked higher than last month, were down slightly compared to a year ago, data from Illinois REALTORS® show. Statewide home sales (including single-family homes and condominiums) in April totaled 13,942 homes [...]

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

May 2019
2Q 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.