Despite inventory issues, the market in Illinois remains robust

Illinois, Chicago

2022/07/05

The avg DOM in Illinois was 24 in May 2022, ↓ 9 YoY. Prices increased again, while the number of sales remains low throughout the state. The median price for a home ↑ 27.3% YoY in the Kankakee area, and ↑ 23.4% YoY in the Carbondale/Marion area. In the Chicago Metro Area, the median home sale price was $327K, ↑ 5.5% YoY.