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Illinois Homes for Sale Under 250K

11,833 Homes for Sale

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Photo 1 of Single family home for sale at 217 Melodie Ln, Colona, IL 61241 | MLS# 12699531 | Listing updated on 2026-10-02

$250,000

Views: 7

Bedrooms: 2Bds

Bathrooms: 3Ba

Area: 1,312sqft

Single family home for sale

217 Melodie Ln, Colona, IL 61241

MLS ID #12699531, Mel Foster Co. Davenport

Community iconCommunity 19 Homes Available
Listing Photo 1 - Condo for sale at Sandburg, Unit 306F 70 W Burton Pl, Chicago, IL 60610 | Built Year: 1962-1971
306F 70 W Burton Pl

Community iconSandburg

Chicago, IL 60610

Co-op Condo Community Lakefront Private Island / Enclave Townhome Community

Photo 1 of Single family home for sale at 2315 Gilead Ave, Zion, IL 60099 | MLS# 12768142 | Listing updated on 2026-10-04

$250,000

Views: 13

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 925sqft

Single family home for sale

2315 Gilead Ave, Zion, IL 60099

MLS ID #12768142, Re/Max American Dream

Price CutPrice Drop: $15K
Photo 1 of Single family home for sale at 10753 S Hale Ave, Chicago, IL 60643 | MLS# 12748824 | Listing updated on 2026-11-04

$250,000

Views: 5

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,232sqft

Single family home for sale

10753 S Hale Ave, Chicago, IL 60643

MLS ID #12748824, Century 21 Universal

Showing 127 - 168 of 11,833 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 2.5 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

21,968

Oct 2021Jul 2024Oct 2026

Median Home Price

$340,000Up 4.62%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
21,968 Down 11.47%
Newly Listed Homes
15,262 Down 7.14%
Months of Supply
2.5 Up 8.70%

Housing Demand

Homes Sold
8,862 Down 17.26%
Sale-to-List Ratio
99% Up 0.04%
Homes Sold Above List
32.5% Up 1.72%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Illinois Market Report
No. of Homes
Prices
Houses for Sale in Near North Side, Chicago
519
$455,000
Houses for Sale in West Englewood, Chicago
235
-
Houses for Sale in Roseland, Chicago
209
-
Houses for Sale in Lake View, Chicago
207
-
Houses for Sale in Englewood, Chicago
189
-
Houses for Sale in River North, Chicago
185
-
Houses for Sale in West Town, Chicago
182
-
Houses for Sale in Near West Side, Chicago
180
-
Houses for Sale in Loop, Chicago
149
-
Houses for Sale in Austin, Chicago
146
-
Houses for Sale in Lincoln Park, Chicago
138
$889,000
Houses for Sale in West Pullman, Chicago
134
-
Houses for Sale in Bronzeville, Chicago
130
-
Houses for Sale in South Shore, Chicago
127
-
Houses for Sale in Greater Grand Crossing, Chicago
122
-
Houses for Sale in Auburn Gresham, Chicago
122
-
Houses for Sale in West Ridge, Chicago
117
-
Houses for Sale in Carbon, O'fallon
115
-
Houses for Sale in Logan Square, Chicago
112
$655,000
Houses for Sale in West Loop, Chicago
112
-
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  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 12, 2026, 1:45 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 Nov 12, 2026, 1:45 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 prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. 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 Nov 12, 2026, 1:46 PM as submitted to and distributed by MLS GRID. 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

11,833

Homes Available

Median List Price icon

$ 340,000

Median List Price

Avg on Market icon

52 Days

Avg on Market