Illinois Affordability
How affordable is Illinois real estate?
Public Record + Census ACS
Median Home Price
$407.8K
Median Household Income
$78,433
Affordability Index
5.20
vs National Avg
-23.8%
Cities in Illinois by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Carbondale | $101.1K | 1.29 |
| 2 | Peoria | $138.2K | 1.76 |
| 3 | Rockford | $162.4K | 2.07 |
| 4 | Springfield | $192.9K | 2.46 |
| 5 | Belvidere | $207.8K | 2.65 |
| 6 | Belleville | $216.9K | 2.77 |
| 7 | Pekin | $231.6K | 2.95 |
| 8 | Champaign | $243.5K | 3.10 |
| 9 | Antioch | $283.3K | 3.61 |
| 10 | Wonder Lake | $301.8K | 3.85 |
| 11 | Bloomington | $304.5K | 3.88 |
| 12 | Aurora | $319.6K | 4.08 |
| 13 | Berwyn | $338.4K | 4.31 |
| 14 | Palatine | $344.3K | 4.39 |
| 15 | Morris | $345.8K | 4.41 |
| 16 | Oak Park | $400.4K | 5.10 |
| 17 | O'Fallon | $409.6K | 5.22 |
| 18 | Elgin | $412.2K | 5.26 |
| 19 | Elmwood Park | $422.9K | 5.39 |
| 20 | Joliet | $430.2K | 5.48 |
| 21 | Des Plaines | $430.1K | 5.48 |
| 22 | Orland Park | $450.7K | 5.75 |
| 23 | Plainfield | $493.9K | 6.30 |
| 24 | Arlington Heights | $520.7K | 6.64 |
| 25 | Crystal Lake | $523K | 6.67 |
| 26 | Moline | $542.8K | 6.92 |
| 27 | Evanston | $586.8K | 7.48 |
| 28 | Chicago | $591.2K | 7.54 |
| 29 | Naperville | $689.2K | 8.79 |
| 30 | Elmhurst | $879.4K | 11.21 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.