Skip to Main Content
Close IconHouzeo

Do Real Estate on the Go!

OPEN APP

Illinois Homes for Sale Under 500K

22,428 Homes for Sale

Sort by:
Price CutPrice Drop: $10K
3D Tour3D Tour
Photo 1 of Single family home for sale at 1207 Morningside Ln, Mahomet, IL 61853 | MLS# 12620920 | Listing updated on 2026-10-29

$495,000

Views: 12

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 2,074sqft

Single family home for sale

1207 Morningside Ln, Mahomet, IL 61853

MLS ID #12620920, Taylor Realty Associates

No HOANo HOA
Photo 1 of Single family home for sale at 247 Sheridan Ave, Chicago, IL 60624 | MLS# 12171849 | Listing updated on 2024-12-07

$495,000

Views: 5

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: --sqft

Single family home for sale

247 Sheridan Ave, Chicago, IL 60624

MLS ID #12171849, Engel & Voelkers Chicago North Shore

Price CutPrice Drop: $30.1K
Photo 1 of Single family home for sale at 11549 S Lavergne Ave, Alsip, IL 60803 | MLS# 12753704 | Listing updated on 2026-10-30

$494,900

Views: 11

Bedrooms: 4Bds

Bathrooms: 4Ba

Area: 1,962sqft

Single family home for sale

11549 S Lavergne Ave, Alsip, IL 60803

MLS ID #12753704, Chicagoland Brokers, Inc.

Price CutPrice Drop: $14.1K
New ConstructionNew Construction
Photo 1 of Single family home for sale at 7610 W 60th Place, Summit, IL 60501 | MLS# 12695350 | Listing updated on 2026-10-29

$494,900

Views: 7

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,500sqft

Single family home for sale

7610 W 60th Place, Summit, IL 60501

MLS ID #12695350, Coldwell Banker Real Estate Group

Showing 379 - 420 of 22,428 homes for sale in Illinois

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

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
No. of Homes
Prices
Houses for Sale in Near North Side, Chicago
390
$451,250
Houses for Sale in West Englewood, Chicago
183
-
Houses for Sale in Englewood, Chicago
155
-
Houses for Sale in Roseland, Chicago
154
-
Houses for Sale in River North, Chicago
138
-
Houses for Sale in Near West Side, Chicago
137
-
Houses for Sale in Lake View, Chicago
109
-
Houses for Sale in South Shore, Chicago
101
-
Houses for Sale in West Pullman, Chicago
100
-
Houses for Sale in Carbon, O'fallon
99
-
Houses for Sale in Loop, Chicago
95
-
Houses for Sale in West Town, Chicago
94
-
Houses for Sale in Greater Grand Crossing, Chicago
91
-
Houses for Sale in Bronzeville, Chicago
90
-
Houses for Sale in West Loop, Chicago
88
-
Houses for Sale in Auburn Gresham, Chicago
88
-
Houses for Sale in Lincoln Park, Chicago
86
$862,750
Houses for Sale in Austin, Chicago
74
-
Houses for Sale in Woodlawn, Chicago
69
-
Houses for Sale in South Chicago, Chicago
67
-
North Venice, Venice Neighborhood Guide
Forest Park, Joliet Neighborhood Guide
Greater Grand Crossing, Chicago Neighborhood Guide
Austin, Chicago Neighborhood Guide
Lake View, Chicago Neighborhood Guide
Homewood, Decatur Neighborhood Guide
Logan Square, Chicago Neighborhood Guide
New City, Chicago Neighborhood Guide
Roseland, Chicago Neighborhood Guide
Englewood, Chicago Neighborhood Guide
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Best Places to Live in Illinois
Safest Places to Live in Illinois
Expensive Places to Live in Illinois
Cheapest Places to Live in Illinois
  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 30, 2026, 10:15 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 30, 2026, 10:15 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
  • mls-imgIDX Logo
    Based on information from Mid America Regional Information Systems, Inc. through Oct 30, 2026, 10:16 PM. 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.
Click to see all homes
static map image
Homes Available icon

22,428

Homes Available

Median List Price icon

$ 345,000

Median List Price

Avg on Market icon

52 Days

Avg on Market