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Cheap Homes for Sale in Illinois

8,848 Homes for Sale

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Price CutPrice Drop: $5.1K
No HOANo HOA

$164,900

Views: 13

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,590sqft

Single family home for sale

136 Well St, Park Forest, IL 60466

MLS ID #12735143, Listing Leaders Northwest, Inc

Price CutPrice Drop: $14.6K

$164,900

Views: 11

Bedrooms: 5Bds

Bathrooms: 3Ba

Area: 2,042sqft

Single family home for sale

1717 7th Ave A, Rapids City, IL 61278

MLS ID #12718901, Ruhl&Ruhl Realtors Bettendorf

Price CutPrice Drop: $5K
No HOANo HOA

$149,900

Views: 11

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,285sqft

Single family home for sale

7837 S Dobson Ave, Chicago, IL 60619

MLS ID #12711800, Coldwell Banker Realty

Price CutPrice Drop: $8K

$245,000

Views: 15

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,248sqft

Single family home for sale

11 Timberlane Dr, Putnam, IL 61560

MLS ID #12693486, Landmark Realty Of Illinois Llc

Price CutPrice Drop: $10K

$159,000

Views: 7

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,090sqft

Single family home for sale

17633 Roy St, Lansing, IL 60438

MLS ID #12607701, Mccolly Real Estate

Price CutPrice Drop: $5K

$44,900

Views: 12

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 936sqft

Single family home for sale

15725 Loomis Ave, Harvey, IL 60426

MLS ID #12619088, Meeker Real Estate Inc

Showing 589 - 630 of 8,848 homes for sale in Illinois

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Illinois Housing Market Overview

Illinois is a balanced market, giving buyers and sellers room to negotiate. With 2.2 months of supply and homes averaging 52 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

52

Inventory

21,256

Sep 2021Jun 2024Sep 2026

Median Home Price

$345,000Up 6.15%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
21,256 Down 13.36%
Newly Listed Homes
15,728 Down 8.30%
Months of Supply
2.2 Down 8.33%

Housing Demand

Homes Sold
9,676 Down 7.06%
Sale-to-List Ratio
99.3% Up 0.11%
Homes Sold Above List
35.3% Up 2.91%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Illinois Market Report
  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 29, 2026, 2:15 PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

    Based on information submitted to the MLS GRID as of Oct 29, 2026, 2:15 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

    Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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Homes Available icon

8,848

Homes Available

Median List Price icon

$ 345,000

Median List Price

Avg on Market icon

52 Days

Avg on Market