Illinois Average Home Price by City (2026)

The average home price in Illinois (IL) is about $200,000 — the 2026 median, at ~$135/sq ft — 32% more affordable than the typical U.S. home.

$200,000
Illinois median value
$135
Median price / sq ft
~1,480
sq ft a median budget buys
-32%
vs U.S. median
Chicago — $340,000ChicagoRockford — $174,000RockfordPeoria — $119,000PeoriaAurora — $358,000Springfield — $239,000SpringfieldNaperville — $642,000Schaumburg — $378,000

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 $200,000 and a local rate near $135 per square foot. Among the 21 Illinois cities we track, Naperville is the most expensive (median $642,000) and East Saint Louis is the most affordable (median $47,000) — so where you land in the state matters as much as the state itself.

Browse Illinois cities

Naperville$642,000Evanston$580,000Oak Park$475,000Plainfield$397,000Schaumburg$378,000Aurora$358,000Hoffman Estates$357,000Chicago$340,000Bloomington$332,000Elgin$318,000Joliet$248,500Springfield$239,000Champaign$208,000Carbondale$201,000Belleville$185,000Greenville$176,000Rockford$174,000Danville$131,500Peoria$119,000Decatur$101,000East Saint Louis$47,000

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.

Salary needed to buy a home in Illinois

To buy the typical $200,000 home in Illinois with 20% down, you need a household income of roughly $54,000 a year (about $1,270 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $65,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$10,000$1,580/mo$68,000/yr
10% (+PMI)$20,000$1,510/mo$65,000/yr
20%$40,000$1,270/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 $135 per square foot, here is roughly how much home different budgets get you in Illinois:

BudgetApprox. sizeWhat that looks like locally
$150k1110 sq ftbelow the local median — condos, smaller or older homes
$200k1480 sq ftaround the typical home here
$250k1850 sq ftaround the typical home here
$300k2220 sq ftabove the median — larger homes or the pricier ZIPs
$400k2960 sq ftabove 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.

Illinois home prices: frequently asked

What salary do you need to buy a house in Illinois? +
For the typical $200,000 home in Illinois, a household income of about $54,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $65,000; with 5% down about $68,000.
What is the average home price in Illinois? +
The average home price in Illinois is about $200,000 as of 2026, at roughly $135 per square foot — 32% more affordable than the U.S. median of $294,000. That figure is the statewide median across the ZIP codes we track, which is what most price reports mean by the average.
What is the median home price in Illinois (IL)? +
About $200,000 in 2026. The median is the mid-point home — half of homes cost more, half less — and it is the better yardstick than a true mean, which a handful of luxury sales can drag upward. At $135/sq ft, a median budget in Illinois buys roughly 1,480 sq ft of home.
Where is Illinois most and least expensive? +
Among the 21 Illinois cities tracked here, Naperville is the priciest (median $642,000) and East Saint Louis is the most affordable (median $47,000). ZIP-level prices within one city vary further, so check the city page for your area.