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Illinois Homes for Sale Under 200K

9,222 Homes for Sale

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$199,900

Views: 10

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,276sqft

Single family home for sale

18525 Miller Dr, Lansing, IL 60438

MLS ID #12776864, Realty Executives Premier Illinois

Price CutPrice Drop: $15K

$199,900

Bedrooms: 4Bds

Bathrooms: 1Ba

Area: --sqft

Single family home for sale

103 Norton St, Cabery, IL 60919

MLS ID #12792568, Findlay Real Estate Group Inc

Price CutPrice Drop: $10.09K
3D Tour3D Tour

$199,900

Views: 5

Bedrooms: 5Bds

Bathrooms: 3Ba

Area: 1,646sqft

Single family home for sale

1302 Susan Ln, Carterville, IL 62918

MLS ID #12718665, Infinity Realty Of Southern Il

Price CutPrice Drop: $7.1K

$199,900

Views: 4

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,451sqft

Single family home for sale

302 S Olmstead St, Oakwood, IL 61858

MLS ID #12724462, Coldwell Banker R.E. Group

Price CutPrice Drop: $10K

$199,900

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,623sqft

Single family home for sale

280 S Plum St, Bement, IL 61813

MLS ID #12773534, Keller Williams-Trec-Mont

HotHot
Price CutPrice Drop: $15.4K

$199,500

Views: 11

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,510sqft

Single family home for sale

1505 Rose Dr, Champaign, IL 61821

MLS ID #12766884, Keller Williams-Trec

No HOANo HOA

$199,500

Views: 8

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 2,176sqft

Single family home for sale

722 Highland Ave, Dixon, IL 61021

MLS ID #12654812, Sauk Valley Properties Llc

$199,500

Views: 7

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,162sqft

Townhouse for sale

913 Campbell Dr, Gurnee, IL 60031

MLS ID #12760979, @Properties Christie'S International Real Estate

HotHot

$199,000

Views: 14

Bedrooms: --Bds

Bathrooms: --Ba

Area: 14,374.8sqft lot

Land for sale

206 W South St, Plano, IL 60545

MLS ID #12757365, Legacy Properties, A Sarah Leonard Company, Llc

Price CutPrice Drop: $15K

$199,000

Views: 18

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 1,892sqft

Single family home for sale

109 2nd South St, Wenona, IL 61377

MLS ID #12767114, Landmark Realty Of Illinois Llc

Price CutPrice Drop: $6K
No HOANo HOA

$199,000

Views: 4

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 952sqft

Single family home for sale

202 N Cedar St, Gardner, IL 60424

MLS ID #12754887, Lamore Realty

Showing 295 - 336 of 9,222 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 30, 2026, 10:30 AM. 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 30, 2026, 10:30 AM. 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
  • mls-imgIDX Logo
    Based on information from Mid America Regional Information Systems, Inc. through Oct 30, 2026, 10:31 AM. All data is obtained from various sources and may not have been 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Property data presented reflect information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.
    IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. © 2026 Mid America Regional Information Systems, Inc. All Rights Reserved.
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Homes Available icon

9,222

Homes Available

Median List Price icon

$ 345,000

Median List Price

Avg on Market icon

52 Days

Avg on Market