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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.

21,431
Active Listings
$516,149
Average Price
$25,000
Lowest Price
$10,000,000
Highest Price

Price Distribution

Under $100K
4.1%
$100K – $250K
4,870
22.7%
$250K – $500K
9,176
42.8%
$500K – $1M
4,318
20.1%
$1M+
1,755
8.2%

Top 10 Cities by Inventory

CityListingsAvg. Price
Chicago4,279$626,247
Naperville392$836,513
Plainfield369$520,188
Aurora319$420,461
Joliet235$316,725
Champaign198$387,630
Elgin184$457,227
Oswego180$517,467
Orland Park173$574,112
Oak Lawn168$322,067

Inventory by Property Type

Single Family
14,764avg. $544,019
Condo
2,788avg. $390,727
Ranch
2,772avg. $390,675
Townhouse
1,973avg. $425,073
Bungalow
583avg. $302,196
Colonial
333avg. $786,815

Bedroom Distribution

1
bed
1,047
2
beds
4,885
3
beds
8,380
4
beds
5,160
5
beds
1,428
6
beds
335
7
beds
65
8
beds
17

Summary

As of October 2026, the Illinois housing market has 21,431 active listings with an average price of $516,149. 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.