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Illinois Homes for Sale Under 400K

19,307 Homes for Sale

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New ConstructionNew Construction

$393,930

Views: 6

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,700sqft

Single family home for sale

429 Bower Ln, Oswego, IL 60543

MLS ID #12690579, Little Realty

New ConstructionNew Construction

$393,900

Views: 22

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,796sqft

Single family home for sale

8531 Blue River Rd, Rockford, IL 61107

MLS ID #12758020, Keller Williams Realty Signature

New ConstructionNew Construction
No HOANo HOA

$390,700

Views: 14

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,740sqft

Single family home for sale

803 Whitetail Dr, Marengo, IL 60152

MLS ID #12670487, Suburban Life Realty, Ltd

HotHot
New ConstructionNew Construction

$390,400

Views: 16

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,740sqft

Single family home for sale

813 Whitetail Dr, Marengo, IL 60152

MLS ID #12626694, Suburban Life Realty, Ltd

Price CutPrice Drop: $20K

$390,000

Views: 7

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,834sqft

Sale Pending

1301 Burns Ct, Minooka, IL 60447

MLS ID #12766021, Chicagoland Brokers, Inc

3D Tour3D Tour
No HOANo HOA

$390,000

Views: 4

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,005sqft

Single family home for sale

432 Vassar Ln, Des Plaines, IL 60016

MLS ID #12782265, @Properties Christies International Real Estate

Price CutPrice Drop: $9K

$390,000

Views: 10

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,792sqft

Single family home for sale

485 Lions Dr, Lena, IL 61048

MLS ID #12770449, Welcome Home Nw Illinois Inc

Showing 715 - 756 of 19,307 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
  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 12, 2026, 2:30 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, 2:30 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, 2:31 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

19,307

Homes Available

Median List Price icon

$ 340,000

Median List Price

Avg on Market icon

52 Days

Avg on Market