| Market | Median list price | YoY | Days on market | Active | Price-to-income | Income needed |
|---|---|---|---|---|---|---|
| Chicago | $389,450 | +4.6% | 36 | 15,929 | 4.4 | $120,000 |
| Peoria | $179,300 | -0.4% | 35 | 658 | 2.5 | $56,000 |
| Champaign | $299,950 | +10.1% | 55 | 506 | 4.7 | $92,000 |
| Rockford | $268,500 | +7.4% | 35 | 450 | 4.0 | $86,000 |
| Ottawa | $226,969 | +13.5% | 56 | 355 | 3.2 | $70,000 |
| Springfield | $212,200 | +4.0% | 37 | 322 | 2.9 | $65,000 |
| Marion | $236,175 | +9.8% | 63 | 237 | 3.6 | $70,000 |
| Decatur | $149,975 | -1.6% | 44 | 236 | 2.4 | $46,000 |
| Bloomington | $289,500 | -1.4% | 38 | 205 | 3.7 | $91,000 |
| Kankakee | $266,975 | +6.8% | 44 | 190 | 3.9 | $84,000 |
| Quincy | $217,000 | +21.2% | 48 | 162 | 3.4 | $62,000 |
| Danville | $127,000 | -0.2% | 53 | 150 | 2.3 | $38,000 |
| Carbondale | $156,778 | +74.4% | 56 | 144 | 3.4 | $47,000 |
| Freeport | $199,945 | +5.0% | 48 | 141 | 3.2 | $64,000 |
| Galesburg | $151,150 | -8.9% | 47 | 122 | 2.8 | $46,000 |
| Canton | $99,900 | -16.7% | 67 | 117 | 1.7 | $31,000 |
| Sterling | $169,200 | +14.2% | 52 | 116 | 2.6 | $53,000 |
| Macomb | $116,250 | +18.6% | 83 | 112 | 2.3 | $36,000 |
| Centralia | $154,900 | -3.0% | 65 | 92 | 2.5 | $46,000 |
| Rochelle | $273,750 | +6.0% | 46 | 92 | 3.5 | $84,000 |
| Mount Vernon | $218,500 | +9.4% | 71 | 86 | 3.6 | $65,000 |
| Pontiac | $188,700 | +1.7% | 53 | 84 | 2.7 | $59,000 |
| Taylorville | $148,700 | -2.3% | 56 | 77 | 2.5 | $44,000 |
| Charleston | $176,050 | +5.5% | 27 | 76 | 3.1 | $54,000 |
| Effingham | $332,000 | +32.0% | 64 | 73 | 4.5 | $96,000 |
| Dixon | $217,450 | -11.5% | 58 | 64 | 3.2 | $66,000 |
| Jacksonville | $153,250 | -9.8% | 38 | 49 | 2.3 | $46,000 |
| Lincoln | $136,175 | -12.8% | 35 | 48 | 2.1 | $41,000 |
State housing market · September 2026 data
Illinois housing market
Across the 28 Illinois markets WealthyBud tracks, the midpoint median listing price is $194,322 as of September 2026, and 11 of 28 are priced below a year ago. Chicago is the most expensive ($389,450) and Canton the least ($99,900).
Midpoint median list price
$194,322
28 markets
Markets down YoY
11/28
September 2026
Active listings
20,893
Tracked markets
30-yr mortgage rate
7.28%
2026-10-01
What are home prices in each Illinois market?
The table lists every Illinois market WealthyBud tracks with its median listing price, year-over-year change, days on market, active listings, price-to-income ratio and the income needed to buy the median home. Select a market for its full report.
Are home prices rising or falling in Illinois?
Carbondale posted the biggest year-over-year change in Illinois (+74.4%) and Canton the weakest (-16.7%). The midpoint change across the state's tracked markets is +4.8%, with 20,893 homes actively listed.
How much income do you need to buy a home in Illinois?
Buying the median listing with 20% down at the current 7.28% rate takes about $31,000 a year in Canton and $120,000 in Chicago, keeping principal, interest and property tax at 28% of income.
Illinois housing market FAQ
What is the median home price in Illinois?
Across WealthyBud's 28 tracked Illinois markets, median listing prices have a midpoint of $194,322 as of September 2026, from $99,900 in Canton to $389,450 in Chicago.
Are home prices falling in Illinois?
11 of 28 tracked Illinois markets have median listing prices below a year ago as of September 2026. The weakest is Canton at -16.7%.
What is the most expensive housing market in Illinois?
Chicago has the highest median listing price among tracked Illinois markets at $389,450 (September 2026).
How much income do you need to buy a home in Illinois?
Buying the median listing with 20% down at the current 7.28% rate takes about $31,000 a year in Canton and $120,000 in Chicago, keeping principal, interest and property tax at 28% of income. Insurance, HOA and PMI are excluded.
Working in Illinois real estate? See Illinois agent salary (BLS median $59,220) and how to get licensed. Compare states on the state hub index or see where prices are falling nationwide.