Illinois Housing Market

Illinois Housing Market2024-04-19T11:52:44-05:00

Existing home sales

Shrinking inventory again stymies Illinois home sales, this time during March

March year-over-year home sales fell in Illinois as the number of available homes dipped to its lowest mark since 2008, according to data from Illinois REALTORS®. In March 2024, statewide home sales (including single-family homes and condominiums) of 10,024 homes sold was 11.9 percent lower than the 11,374 sold in [...]

What lies ahead for the Illinois market

2024 Housing Market Outlook with Dr. Daniel McMillen2024-02-07T11:09:50-06:00

Monthly Housing Market Reports

Dr. Daniel McMillen
Dr. Daniel McMillen
Professor of Real Estate and Associate Dean for Faculty Affairs at the University of Illinois Chicago College of Business Administration

Illinois housing market forecasts

Illinois REALTORS® partners with the University of Illinois 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

Illinois Housing Data at a Glance

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