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The average Illinois home price is very…average

Caitlin WilsonReboot Illinois

Jun 09, 2014

Home prices represent a lot of things: the desirability of a neighborhood, a life-long investment, a market health indicator (and how cool the house is), and Illinois home prices are no different. According to Trulia.com, a real estate listing and searching website, Illinois has the 27th-highest average listing price for houses on the market (at $300,332) out of all 50 states and the District of Columbia, as of May 28.

Listing prices do not tell the whole story of home value, only the amount a seller has initially asked for in exchange for the property. According…

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