What's the housing inventory in your county?

Jun 20, 2014

According to Zillow.com, a real estate listing and reporting website, there are about 150,000 homes for sale in Illinois as of June 2014. That breaks down to about one home for sale for every 86 people who live in the state. The state’s 25 most populous counties homes-for-sale per capita rates hover around the same mark, though most had more housing scarcity than the state as a whole.

Out of those top 25, Kendall County, the 16th most populous county in the state, has the most homes available to buy per capita. Adams County, which is the 22nd most populous county, has the least amount of homes available to buy per capita. Cook County, which is the most populous county in the state, is the 23rd most housing-for-sale available county in the state, and Whiteside County, the 25th most populous county in the state, is the 16th most housing-for-sale available county in the state.

The differing housing inventory throughout the state may say a lot of things about the individual counties. In counties that have low numbers of houses for sale based on the amount of people who live in that county, such as Cook or Adams Counties, more people may rent their homes, and so there is less demand for houses to buy. People who live in those counties may also be moving less–people are settled into their homes, and so there are less for sale. The numbers may also point to which counties have more people moving in and out of them. In counties such as Kendall and McHenry, there are more homes available per every person who lives there, so it is assumed that there are more people moving around within or to and from those counties.

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