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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.

20,426
Active Listings
$528,846
Average Price
$25,000
Lowest Price
$9,995,000
Highest Price

Price Distribution

Under $100K
4.3%
$100K – $250K
4,445
21.8%
$250K – $500K
8,601
42.1%
$500K – $1M
4,274
20.9%
$1M+
1,804
8.8%

Top 10 Cities by Inventory

CityListingsAvg. Price
Chicago4,183$640,019
Naperville373$857,818
Plainfield357$524,212
Aurora317$418,423
Joliet217$329,390
Champaign200$404,658
Oswego179$513,888
Elgin174$439,050
Rockford171$283,278
Des Plaines170$415,310

Inventory by Property Type

Single Family
14,003avg. $560,842
Condo
2,635avg. $398,033
Ranch
2,514avg. $397,745
Townhouse
1,955avg. $419,667
Bungalow
553avg. $320,981
Colonial
337avg. $823,544

Bedroom Distribution

1
bed
1,002
2
beds
4,587
3
beds
7,864
4
beds
5,013
5
beds
1,440
6
beds
310
7
beds
68
8
beds
16

Summary

As of September 2026, the Illinois housing market has 20,426 active listings with an average price of $528,846. 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.