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Illinois Housing Market Overview, 2026 Statistics & Trends

A comprehensive look at the Illinois housing market with current MLS data. Active listings, average prices, property type breakdown, and top cities.

February 14, 20268 min readIvyGro Team

The Illinois housing market continues to evolve. Here's a comprehensive look at current market conditions based on live MLS data, including inventory levels, pricing trends, and geographic distribution.

19,379
Active Listings
$528,745
Average Price
$25,000
Lowest Price
$9,995,000
Highest Price

Price Distribution

Under $100K
4.5%
$100K – $250K
4,228
21.8%
$250K – $500K
7,988
41.2%
$500K – $1M
4,194
21.6%
$1M+
1,702
8.8%

Top 10 Cities by Inventory

CityListingsAvg. Price
Chicago3,927$634,298
Naperville372$864,361
Plainfield359$526,433
Aurora323$439,018
Joliet206$347,306
Champaign189$394,100
Oswego185$520,091
Elgin158$454,896
Schaumburg157$451,582
Oak Lawn156$295,262

Inventory by Property Type

Single Family
13,306avg. $559,797
Condo
2,549avg. $399,470
Ranch
2,417avg. $395,243
Townhouse
1,863avg. $427,579
Bungalow
504avg. $312,435
Colonial
314avg. $830,761

Bedroom Distribution

1
bed
961
2
beds
4,361
3
beds
7,539
4
beds
4,690
5
beds
1,342
6
beds
300
7
beds
64
8
beds
11

Summary

As of August 2026, the Illinois housing market has 19,379 active listings with an average price of $528,745. The market offers options across all price ranges, from starter homes under $100K to luxury properties over $1M.

For city-specific market data, visit any city's market report page, for example, the Chicago Market Report.