Illinois real estate — week of Jun 19, 2026

Strength 4 / 5

99.0%

Bloomington sale-to-list dropped below 1.0 — 99.0%

Typical closed deal now prints below list; buyers have real negotiating room for the first time in this market's recent cycle.

Strength 4 / 5

$581K

Oak Park avg sale price crossed $500K — now $581K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

$135K

Peoria median price -8.5% YoY

Price-per-sqft also -5.6% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

14 days

Rockford homes taking 14 days to sell — +133.3% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

9 listings

Rochester new listings +80.0% vs. 5-year average for this month

Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.