Reports  ›  Weekly · 2026-05-31

Illinois real estate — week of May 29, 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

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.

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

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

$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

$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

$390K

Evanston median price -10.6% YoY

Price-per-sqft also -12.3% 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.

Get the daily version

This is the public weekly cut. The agent product is daily-refreshed signals + a branded share-queue + a per-agent newsletter pipeline. Free trial, no credit card.

Start free trial