States › Illinois
State
Illinois
97 counties with an index · 33 metro and micro areas · 855 ZIP codes · 239 permit-issuing places · 12,719,141 residents (2025 est.)
FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.
Illinois's FHFA house price index starts in 1975. Through 2025 it has risen +625.4%; over the ten years to 2025 the rise was +64.6% (+5.1% a year), well below the national +85.0%.
The quarterly index through 2026 Q2 is +6.0% on a year earlier and +2.7% on the quarter; nationally +3.0% and +1.1%.
The index peaked in 2007, fell −23.2% to 2012 and regained the peak in 2022; the national index fell −21.3% over 2007–2012.
19,157 housing units were authorised in Illinois in the 12 months to August 2026, 1.5 per 1,000 residents against 4.1 nationally; that is −5.7% on the previous 12 months. 97 counties, 33 metro and micro areas, 855 ZIP codes and 239 permit-issuing places in the state have their own pages.
Same span, state and nation
| Change in the FHFA index | Illinois | United States |
|---|---|---|
| 1 year (2024–2025) | +5.7% | +2.8% |
| 5 years (2020–2025) | +46.9% | +47.0% |
| 10 years (2015–2025) | +64.6% | +85.0% |
| 20 years (2005–2025) | +44.9% | +79.1% |
| Since 2000 | +95.6% | +158.3% |
| Since 1975 | +625.4% | +960.7% |
| 10-year annualised | +5.1% | +6.3% |
| 20-year annualised | +1.9% | +3.0% |
Decade by decade
| Decade | Change | United States | |
|---|---|---|---|
| 1980s (1980–1990) | +66.4% | +68.2% | |
| 1990s (1990–2000) | +41.8% | +33.9% | |
| 2000s (2000–2010) | +20.6% | +29.7% | |
| 2010s (2010–2020) | +10.5% | +35.5% | |
| 2020s so far (2020–2025) | +46.9% | +47.0% |
FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.
Peak-to-low declines
| Peak | Low | Decline | Peak regained |
|---|---|---|---|
| 2007 | 2012 | −23.2% | 2022 |
| 1981 | 1982 | −12.1% | 1983 |
Purchase-only index
FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.
Counties
Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.
| County | 1 year | 10 years | Since 2000 | Units, 12 months | Per 1,000 | Index through |
|---|---|---|---|---|---|---|
| Winnebago County | +7.6% | +99.6% | +96.4% | 345 | 1.2 | 2025 |
| Putnam County | +25.1% | +94.2% | +113.3% | 7 | 1.2 | 2025 |
| Cumberland County | +21.3% | +89.0% | +147.0% | 0 | 0.0 | 2025 |
| Boone County | +7.6% | +87.5% | +74.7% | 66 | 1.2 | 2025 |
| Kendall County | +6.9% | +87.0% | +102.9% | 701 | 4.8 | 2025 |
| McHenry County | +5.9% | +86.2% | +90.4% | 1,382 | 4.3 | 2025 |
| DeKalb County | +6.4% | +84.8% | +85.5% | 295 | 2.9 | 2025 |
| Kane County | +5.8% | +81.6% | +101.5% | 2,080 | 4.0 | 2025 |
| Stephenson County | +12.3% | +80.7% | +78.7% | 16 | 0.4 | 2025 |
| Will County | +4.6% | +78.5% | +105.7% | 1,808 | 2.5 | 2025 |
| Bond County | +10.4% | +76.0% | +124.8% | 27 | 1.6 | 2025 |
| Perry County | +15.9% | +73.3% | +133.9% | 75 | 3.7 | 2025 |
| Ogle County | +6.9% | +73.1% | +82.3% | 66 | 1.3 | 2025 |
| Monroe County | +6.5% | +71.8% | +111.7% | 71 | 2.0 | 2025 |
| LaSalle County | +8.1% | +71.4% | +94.8% | 81 | 0.8 | 2025 |
| Marion County | +6.2% | +70.4% | +123.6% | 13 | 0.4 | 2025 |
| Douglas County | +7.2% | +69.9% | +113.6% | 27 | 1.4 | 2025 |
| St. Clair County | +5.3% | +69.3% | +97.5% | 421 | 1.7 | 2025 |
| Kankakee County | +3.0% | +67.9% | +88.1% | 119 | 1.1 | 2025 |
| Grundy County | +6.7% | +67.7% | +99.2% | 91 | 1.7 | 2025 |
| Lee County | +8.8% | +67.2% | +90.8% | 25 | 0.8 | 2025 |
| Iroquois County | +7.4% | +67.1% | +89.0% | 12 | 0.5 | 2025 |
| Wabash County | +10.3% | +66.9% | +121.7% | 4 | 0.4 | 2025 |
| Lake County | +6.7% | +66.2% | +85.9% | 1,033 | 1.4 | 2025 |
| Ford County | +4.5% | +66.0% | +103.1% | 12 | 0.9 | 2025 |
| Madison County | +6.7% | +65.9% | +109.6% | 528 | 2.0 | 2025 |
| Shelby County | +5.0% | +65.0% | +122.7% | 48 | 2.3 | 2025 |
| Champaign County | +7.2% | +64.1% | +114.6% | 1,903 | 9.1 | 2025 |
| DuPage County | +6.2% | +64.1% | +113.1% | 1,068 | 1.1 | 2025 |
| Lawrence County | +8.1% | +64.0% | +76.9% | 69 | 5.0 | 2025 |
| Effingham County | +8.1% | +63.6% | +126.6% | 56 | 1.6 | 2025 |
| Marshall County | +12.3% | +63.2% | +86.3% | 3 | 0.3 | 2025 |
| Clark County | +3.1% | +62.5% | +101.6% | 11 | 0.7 | 2025 |
| Cook County | +5.5% | +61.3% | +97.6% | 4,929 | 0.9 | 2025 |
| Livingston County | +2.9% | +61.2% | +89.8% | 59 | 1.7 | 2025 |
| Johnson County | +3.1% | +60.4% | +134.6% | 0 | 0.0 | 2025 |
| McLean County | +5.0% | +59.8% | +91.1% | 175 | 1.0 | 2025 |
| Jefferson County | +3.6% | +59.0% | +108.4% | 4 | 0.1 | 2025 |
| Schuyler County | +16.1% | +58.4% | — | 0 | 0.0 | 2025 |
| Vermilion County | +7.6% | +58.1% | +75.7% | 7 | 0.1 | 2025 |
| Moultrie County | +2.9% | +57.5% | +103.7% | 26 | 1.8 | 2025 |
| Clinton County | +5.5% | +57.1% | +105.6% | 49 | 1.3 | 2025 |
| Jo Daviess County | +7.9% | +57.1% | +95.8% | 33 | 1.5 | 2025 |
| Randolph County | +10.3% | +57.1% | +110.3% | 6 | 0.2 | 2025 |
| Carroll County | +3.4% | +56.6% | +86.6% | 17 | 1.1 | 2025 |
| Washington County | +8.6% | +56.2% | +109.4% | 20 | 1.5 | 2025 |
| Jersey County | +7.3% | +55.8% | +79.4% | 56 | 2.6 | 2025 |
| Montgomery County | −3.2% | +55.5% | +97.9% | 20 | 0.7 | 2025 |
| Gallatin County | +7.3% | +55.3% | — | 0 | 0.0 | 2025 |
| Piatt County | +1.2% | +55.3% | +100.4% | 28 | 1.7 | 2025 |
| Adams County | +8.1% | +55.1% | +123.3% | 40 | 0.6 | 2025 |
| Williamson County | +5.0% | +54.3% | +103.7% | 148 | 2.2 | 2025 |
| Henry County | +5.2% | +53.8% | +87.9% | 23 | 0.5 | 2025 |
| Macon County | +5.1% | +53.5% | +75.4% | 32 | 0.3 | 2025 |
| Rock Island County | +3.2% | +53.1% | +91.0% | 162 | 1.1 | 2025 |
| De Witt County | +0.7% | +52.9% | +70.2% | 16 | 1.1 | 2025 |
| Scott County | +4.1% | +52.6% | +79.1% | 0 | 0.0 | 2025 |
| Coles County | +1.5% | +52.4% | +82.6% | 31 | 0.7 | 2025 |
| Bureau County | +4.1% | +52.0% | +68.1% | 22 | 0.7 | 2025 |
| Macoupin County | +5.2% | +51.9% | +91.1% | 58 | 1.3 | 2025 |
| Pike County | +2.9% | +51.8% | +85.9% | 10 | 0.7 | 2025 |
| Menard County | +8.4% | +51.6% | +104.0% | 7 | 0.6 | 2025 |
| Whiteside County | +4.0% | +51.2% | +79.4% | 26 | 0.5 | 2025 |
| Woodford County | +6.0% | +51.1% | +89.3% | 23 | 0.6 | 2025 |
| Morgan County | +7.7% | +50.9% | +85.0% | 17 | 0.5 | 2025 |
| Christian County | +8.1% | +50.8% | +98.9% | 66 | 2.0 | 2025 |
| Knox County | +5.5% | +50.4% | +69.9% | 1 | 0.0 | 2025 |
| Mercer County | +4.2% | +50.2% | +91.0% | 17 | 1.1 | 2025 |
| Sangamon County | +4.5% | +50.1% | +88.3% | 202 | 1.0 | 2025 |
| Franklin County | +0.4% | +49.6% | +116.7% | 17 | 0.5 | 2025 |
| Union County | +13.1% | +49.4% | +98.1% | 14 | 0.8 | 2025 |
| Logan County | +7.9% | +47.3% | +79.3% | 33 | 1.2 | 2025 |
| Hancock County | +5.9% | +45.8% | +81.4% | 1 | 0.1 | 2025 |
| Fulton County | +8.8% | +44.8% | +73.7% | 19 | 0.6 | 2025 |
| Peoria County | +6.4% | +44.8% | +68.3% | 76 | 0.4 | 2025 |
| Tazewell County | +6.7% | +44.8% | +83.6% | 121 | 0.9 | 2025 |
| Jackson County | +8.8% | +43.6% | +77.6% | 2 | 0.0 | 2025 |
| Richland County | +4.1% | +42.6% | +102.1% | 7 | 0.5 | 2025 |
| Cass County | +9.8% | +42.3% | +91.3% | 1 | 0.1 | 2025 |
| Edgar County | −2.8% | +41.3% | +68.0% | 7 | 0.4 | 2025 |
| Fayette County | −3.7% | +41.3% | +90.9% | 2 | 0.1 | 2025 |
| Edwards County | — | +40.9% | — | 0 | 0.0 | 2024 |
| Massac County | +2.7% | +40.4% | +59.0% | 8 | 0.6 | 2025 |
| Brown County | +8.3% | +40.3% | — | 4 | 0.6 | 2024 |
| Stark County | +24.1% | +39.0% | +73.1% | 2 | 0.4 | 2025 |
| Crawford County | +7.1% | +38.0% | +99.9% | 10 | 0.5 | 2025 |
| White County | +4.0% | +38.0% | +93.7% | 1 | 0.1 | 2025 |
| Clay County | +2.0% | +36.5% | — | 4 | 0.3 | 2025 |
| Wayne County | +28.2% | +35.9% | — | 0 | 0.0 | 2024 |
| Mason County | −0.1% | +34.9% | +75.1% | 2 | 0.2 | 2025 |
| Saline County | −1.0% | +33.0% | +89.5% | 0 | 0.0 | 2025 |
| Warren County | +5.2% | +30.9% | +73.8% | 9 | 0.6 | 2025 |
| Henderson County | +11.1% | +30.3% | — | 6 | 1.0 | 2024 |
| Jasper County | — | +30.0% | — | 1 | 0.1 | 2025 |
| McDonough County | +0.3% | +26.4% | +60.6% | 1 | 0.0 | 2025 |
| Greene County | −10.7% | +17.7% | +52.4% | 2 | 0.2 | 2025 |
| Hamilton County | +10.4% | — | — | 0 | 0.0 | 2025 |
Metro and micropolitan areas
Areas with any county in Illinois; multi-state areas appear under each of their states.
| Area | Type | 1 year | 10 years | Year to 2026 Q2 | Units, 12 months |
|---|---|---|---|---|---|
| Rockford, IL | Metro | +7.7% | +98.1% | +8.1% | 411 |
| Freeport, IL | Micro | +12.3% | +80.7% | — | 16 |
| St. Louis, MO-IL | Metro | +4.1% | +74.5% | +4.1% | 6,623 |
| Rochelle, IL | Micro | +6.9% | +73.1% | — | 66 |
| Centralia, IL | Micro | +6.2% | +70.4% | — | 13 |
| Effingham, IL | Micro | +11.5% | +69.5% | — | 56 |
| Chicago-Naperville-Elgin, IL-IN | Metro | +5.6% | +68.3% | — | 15,428 |
| Kankakee, IL | Metro | +3.0% | +67.9% | +5.5% | 119 |
| Dixon, IL | Micro | +8.8% | +67.2% | — | 25 |
| Ottawa, IL | Micro | +7.5% | +67.1% | — | 110 |
| Champaign-Urbana, IL | Metro | +6.4% | +63.5% | +5.4% | 1,943 |
| Cape Girardeau, MO-IL | Metro | +5.3% | +63.2% | +4.7% | 77 |
| Paducah, KY-IL | Metro | +2.9% | +62.9% | +11.4% | 152 |
| Pontiac, IL | Micro | +2.9% | +61.2% | — | 59 |
| Bloomington, IL | Metro | +5.0% | +59.8% | +8.7% | 175 |
| Mount Vernon, IL | Micro | +3.6% | +59.0% | — | 4 |
| Danville, IL | Micro | +7.6% | +58.1% | — | 7 |
| Quincy, IL-MO | Micro | +8.2% | +56.5% | — | 49 |
| Davenport-Moline-Rock Island, IA-IL | Metro | +3.9% | +55.1% | +4.1% | 566 |
| Marion-Herrin, IL | Micro | +5.0% | +54.3% | — | 148 |
| Decatur, IL | Metro | +5.1% | +53.5% | +3.5% | 32 |
| Charleston-Mattoon, IL | Micro | +1.5% | +52.4% | — | 31 |
| Jacksonville, IL | Micro | +7.5% | +51.2% | — | 17 |
| Sterling, IL | Micro | +4.0% | +51.2% | — | 26 |
| Taylorville, IL | Micro | +8.1% | +50.8% | — | 66 |
| Galesburg, IL | Micro | +5.5% | +50.4% | — | 1 |
| Springfield, IL | Metro | +4.7% | +50.2% | +5.1% | 209 |
| Lincoln, IL | Micro | +7.9% | +47.3% | — | 33 |
| Burlington, IA-IL | Micro | +3.3% | +46.2% | — | 81 |
| Peoria, IL | Metro | +6.7% | +45.7% | +3.7% | 225 |
| Canton, IL | Micro | +8.8% | +44.8% | — | 19 |
| Carbondale, IL | Micro | +8.8% | +43.6% | — | 2 |
| Macomb, IL | Micro | +0.3% | +26.4% | — | 1 |
Building permits
Housing units authorised in Illinois by month, latest 60 monthssingle-family2+ unit buildings
Housing units authorised in Illinois by year, 1995–2025single-family2+ unit buildings
Single-family share of the latest 12 months: 56% (63% nationally). Since 1995: 1,034,461 units.
Year by year
Each year's index change and permits, with every county's figures for that year.
| Year | Illinois index | US index | Units permitted | Single-family |
|---|---|---|---|---|
| 2025 | +5.7% | +2.8% | 18,551 | 10,821 |
| 2024 | +6.9% | +4.9% | 20,326 | 10,326 |
| 2023 | +7.5% | +5.7% | 16,863 | 9,554 |
| 2022 | +12.1% | +15.5% | 20,549 | 9,765 |
| 2021 | +7.8% | +11.6% | 19,658 | 10,937 |
| 2020 | +1.1% | +3.0% | 18,058 | 9,237 |
| 2019 | +2.6% | +4.2% | 20,524 | 8,745 |
| 2018 | +2.4% | +5.7% | 21,510 | 10,041 |
| 2017 | +2.6% | +5.4% | 24,992 | 10,181 |
| 2016 | +2.8% | +5.3% | 22,603 | 10,187 |
| 2015 | +3.0% | +4.4% | 19,571 | 10,076 |
| 2014 | +3.7% | +6.2% | 20,578 | 10,553 |
| 2013 | +0.2% | +3.4% | 15,545 | 9,869 |
| 2012 | −2.8% | −1.8% | 13,797 | 8,564 |
| 2011 | −5.2% | −4.4% | 11,809 | 6,834 |
| 2010 | −6.3% | −5.1% | 12,318 | 7,624 |
| 2009 | −8.3% | −7.5% | 10,859 | 7,844 |
| 2008 | −3.0% | −4.5% | 22,528 | 11,827 |
| 2007 | +1.3% | +0.6% | 43,020 | 24,511 |
| 2006 | +5.8% | +6.6% | 58,802 | 37,903 |
| 2005 | +9.2% | +12.4% | 66,942 | 47,705 |
| 2004 | +7.7% | +9.2% | 59,753 | 46,207 |
| 2003 | +3.6% | +4.5% | 62,211 | 45,379 |
| 2002 | +5.0% | +5.4% | 60,971 | 42,545 |
| 2001 | +5.6% | +6.7% | 54,839 | 39,362 |
| 2000 | +7.0% | +8.3% | 51,944 | 37,817 |
| 1999 | +3.6% | +4.3% | 53,974 | 39,228 |
| 1998 | +2.2% | +3.7% | 47,984 | 36,177 |
| 1997 | +3.0% | +3.8% | 46,323 | 32,801 |
| 1996 | +3.0% | +3.2% | 49,592 | 35,912 |
| 1995 | +4.7% | +3.7% | 47,467 | 35,392 |
Cities issuing the most permits
Housing units authorised in the 12 months to August 2026; every place is listed on its county page.
- Chicago 3,128
- Champaign 1,761
- Aurora 866
- Plainfield village 572
- Oswego village 446
- Crystal Lake 385
- Evanston 385
- Joliet 343
- Naperville 298
- Deerfield village 286
- Huntley village 244
- Yorkville 218
- O'Fallon 213
- Hampshire village 208
- Lockport 207
- New Lenox village 202
- Troy 190
- Tinley Park village 162
- Geneva 156
- Rockford 153
- Pingree Grove village 148
- Niles village 146
- Lemont village 134
- Cary village 129
- Springfield 129
- Elgin 125
- Winnebago County Unincorporated Area 124
- Fox Lake village 119
- Bolingbrook village 111
- South Elgin village 109
- Sugar Grove village 108
- Algonquin village 107
- Schaumburg village 106
- Highland Park 101
- St. Charles 101
- Wonder Lake village 99
- Madison County Part Unincorporated Area 95
- Bartlett village 94
- Marion 90
- Moline 90
Questions and answers
How much have home values in Illinois risen over 10 years?
The FHFA index rose +64.6% between 2015 and 2025, +5.1% a year; over 20 years +44.9% and since 2000 +95.6%. Nationally: +85.0%, +79.1% and +158.3%.
Which Illinois counties rose most over 10 years?
Winnebago County (+99.6%), Putnam County (+94.2%) and Cumberland County (+89.0%), by FHFA's annual county index to 2025.
What happened to Illinois home prices in 2008?
The state index peaked in 2007, fell −23.2% to 2012 and regained its peak in 2022.
How many homes are being built in Illinois?
19,157 units were authorised in the 12 months to August 2026: 10,712 single-family and 8,445 in multi-unit buildings, 1.5 per 1,000 residents.
Where does this data come from?
FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.
Provenance
Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.