Illinois Average Home Price by City (2026)
The average home price in Illinois (IL) is about $197,000 — the 2026 median, at ~$134/sq ft — 32% more affordable than the typical U.S. home.
Shaded by price · click a city to explore. Colour = median home value.
Considering a move to Illinois?
Housing in Illinois is 32% more affordable than the national average, with a typical home around $197,000 and a local rate near $134 per square foot. Among the 21 Illinois cities we track, Naperville is the most expensive (median $629,500) and East Saint Louis is the most affordable (median $48,000) — so where you land in the state matters as much as the state itself.
Browse Illinois cities
Illinois home prices by county
56 Illinois counties with enough data for their own page, priciest first:
See the cheapest (and most expensive) places to live in Illinois.
Don’t see your city? Use the free Home Value Estimator for any U.S. ZIP, see the most expensive ZIP codes in America, or browse the full U.S. directory.
Home value appreciation in Illinois
Home prices in Illinois have risen about 65% over the last 10 years (≈5.1% a year) and +44.9% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +5.7% — still rising. A home worth $197,000 today was worth roughly $119,684 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — nationally the median state is +85.6% over 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Illinois
Run the numbers for Illinois with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Illinois
To buy the typical $197,000 home in Illinois with 20% down, you need a household income of roughly $54,000 a year (about $1,250 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $64,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $9,900 | $1,550/mo | $67,000/yr |
| 10% (+PMI) | $19,700 | $1,490/mo | $64,000/yr |
| 20% | $39,400 | $1,250/mo | $54,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Illinois
At about $134 per square foot, here is roughly how much home different budgets get you in Illinois:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1120 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1490 sq ft | around the typical home here |
| $250k | 1870 sq ft | around the typical home here |
| $300k | 2240 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2990 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Illinois so you can compare your current home against every Illinois city we track.