Illinois real estate — week of Jun 5, 2026

Strength 4 / 5

19 days

East Peoria homes taking 19 days to sell — +216.7% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

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

$206K

Bloomington median price -5.8% YoY

Price-per-sqft also -2.9% 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

99.0%

Bloomington sale-to-list dropped below 1.0 — 99.0%

Typical closed deal now prints below list; buyers have real negotiating room for the first time in this market's recent cycle.

Strength 4 / 5

$581K

Oak Park avg sale price crossed $500K — now $581K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

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.