Strength 4 / 5
3 listings
Sherman new listings -50.0% vs. 5-year average for this month
Far fewer sellers are listing than is typical for this month — the scarcity tends to harden prices and compress DOM on whatever does come to market.
Reports › Weekly · 2026-05-24
Illinois real estate — week of May 22, 2026
All 5 of Illinois's major metros showed positive year-over-year median sale-price reads this week. Range this week: chicago-naperville-elgin at +4.5% YoY to bloomington at +11.5%.
Headline numbers
Bloomington $245K +11.5% | Chicago $385K +4.5% | Peoria $145K +9.7% | Rockford $166K +8.2% | Springfield $177K +7.5% |
This week's signals
Strength 4 / 5
$340K
Oak Park median price -13.9% YoY
Price-per-sqft also -0.8% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
101.8%
Oak Park sale-to-list broke above 1.0 — 101.8%
Typical closed deal is now clearing at or over list price; sellers have regained pricing leverage in the last month.
Strength 4 / 5
$390K
Evanston median price -10.6% YoY
Price-per-sqft also -12.3% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
$110K
Pekin median price -8.3% YoY
Price-per-sqft also -14.8% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
$206K
Bloomington median price -5.8% YoY
Price-per-sqft also -2.9% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
$280K
Schaumburg median price -16.7% YoY
Price-per-sqft also -7.0% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
$185K
Loves Park median price -19.6% YoY
Price-per-sqft also -2.3% YoY, confirming real depreciation vs. mix-shift noise.
Source divergence
ZIP-level reconciliation will appear here once curated ZIP coverage lands for Illinois.
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