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Featured local agent — Illinois City, IL
Sarah Mitchell
Compass Real Estate · Illinois City, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Illinois City, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$163,000median sale price
How is the Illinois City, IL housing market right now?
The median home sale price in Illinois City, IL is $163,000, up 103.8% year-over-year. Homes sell in an average of 283 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of April 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Illinois City a buyer's or seller's market?
Illinois City, IL is currently a buyer's market and homes selling in about 283 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
283
Average pace
Active listings
—
Sale-to-list
88.1%
Below asking
What does the Illinois City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $163,000 |
| Year-over-year price change | +103.8% |
| Average days on market | 283 days |
| Sale-to-list price ratio | 88.1% |
| Median price per sq ft | $74/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Illinois City by property type?
How the Illinois City, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $163,000 | $74/sq ft | 1 | 283 days |
Source: Redfin · Updated monthly
The Illinois City housing market is currently classified as a buyer's market with a median sale price of $163,000. Prices have risen 103.8% compared to last year, with homes spending an average of 283 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Illinois City
Explore homes currently listed for sale in Illinois City, Illinois across major real estate platforms.
Who lives in Illinois City?
Population
18
Owner-occupied
100.0%
Source: U.S. Census Bureau ACS
What are homes worth in Illinois City?
Zillow home value
$284,331
Source: Zillow Research
What is it like to live in Illinois City?
Illinois City is a community of approximately 0K residents with a diverse population.0
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Illinois City offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve Illinois City?
1 schools tracked · 114 students
The largest public schools serving Illinois City, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Illinois City Elem School
Grades K-2 · 114 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Illinois City, IL?
Want a head-to-head view? Compare Illinois City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Illinois City?
The median home sale price in Illinois City is $163,000, up 103.8% from last year.
How long do homes stay on market in Illinois City?
Homes typically spend 283 days on market before going under contract.
What is the Zillow home value estimate for Illinois City?
The Zillow Home Value Index (ZHVI) for Illinois City is $284,331, representing the typical home value in the area.
How much does a single-family home cost in Illinois City?
The median single-family home price in Illinois City, IL is $163,000 (about $74 per square foot).
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