Cook County, IL Real Estate & Property Data

Cook County Real Estate Market Trends
Last Updated: March 19, 2024

With up-to-date real estate data get detailed insight into Cook County, IL sourced from the nation’s leading property data provider. The current median home price in Cook County, IL is $315,000. Cook County real estate data shows that there have been a total of 59,101 residential properties sold over the past 12 months. ATTOM’s Cook County real estate data indicates that the county has 438 properties in foreclosure and 109 REOs (real estate bank owned) properties.

Cook County Real Estate Market Trends
Total Residential Properties 1,355,295
Total Commercial Properties 135,106
Avg. Home Age (Single Family Home) 68 Years
Avg. Square Feet (Single Family Home) 1,611
Total 2024 Residential Sales (year-to-date) 3,376
% of Homes Seriously Underwater (Q1 2024) 1.9%
Total 2023 Residential Sales 55,725
% of Equity Rich Homes (Q1 2024) 33.19%
Effective 2023 Property Tax 1.73%
Total Foreclosure Filings (year-to-date) 438
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Cook County, IL Real Estate Overview

There were 59,101 residential properties sold in the past year in Cook County, IL. The median home value in Cook County, IL is $278,893. There are a total of 1,355,295 residential properties in the Cook.

Median Sales Price i
$315,000
(Jan 2024)
+6.1%
year-over-year
y-o-y
  • January '24 Jan '24 $315,000
  • December '23 Dec '23 $321,000
  • November '23 Nov '23 $330,000
  • October '23 Oct '23 $330,000
  • September '23 Sep '23 $336,500
  • August '23 Aug '23 $349,000
  • July '23 Jul '23 $349,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $339,000
  • April '23 Apr '23 $325,000
  • March '23 Mar '23 $325,000
  • February '23 Feb '23 $290,000
Median Down Payment i
$32,500
(Jan 2024)
+14.8%
year-over-year
y-o-y
  • January '24 Jan '24 $32,500
  • December '23 Dec '23 $34,764
  • November '23 Nov '23 $37,000
  • October '23 Oct '23 $38,250
  • September '23 Sep '23 $38,752
  • August '23 Aug '23 $39,500
  • July '23 Jul '23 $40,000
  • June '23 Jun '23 $42,000
  • May '23 May '23 $34,500
  • April '23 Apr '23 $33,444
  • March '23 Mar '23 $30,000
  • February '23 Feb '23 $22,383
Number of Homes Sold i
3,376
(Jan 2024)
-6.6%
year-over-year
y-o-y
  • January '24 Jan '24 3,376
  • December '23 Dec '23 4,224
  • November '23 Nov '23 4,066
  • October '23 Oct '23 4,532
  • September '23 Sep '23 4,889
  • August '23 Aug '23 5,387
  • July '23 Jul '23 4,871
  • June '23 Jun '23 5,981
  • May '23 May '23 5,519
  • April '23 Apr '23 5,124
  • March '23 Mar '23 4,654
  • February '23 Feb '23 2,864
Number of Purchase Loans i
2,698
(Jan 2024)
-13.7%
year-over-year
y-o-y
  • January '24 Jan '24 2,698
  • December '23 Dec '23 3,321
  • November '23 Nov '23 3,100
  • October '23 Oct '23 3,472
  • September '23 Sep '23 4,036
  • August '23 Aug '23 4,542
  • July '23 Jul '23 4,014
  • June '23 Jun '23 5,144
  • May '23 May '23 4,607
  • April '23 Apr '23 4,200
  • March '23 Mar '23 3,848
  • February '23 Feb '23 2,379
Number of REFI Loans i
1,612
(Jan 2024)
+14.4%
year-over-year
y-o-y
  • January '24 Jan '24 1,612
  • December '23 Dec '23 1,936
  • November '23 Nov '23 1,673
  • October '23 Oct '23 1,791
  • September '23 Sep '23 1,947
  • August '23 Aug '23 1,879
  • July '23 Jul '23 1,609
  • June '23 Jun '23 1,820
  • May '23 May '23 1,583
  • April '23 Apr '23 1,474
  • March '23 Mar '23 1,750
  • February '23 Feb '23 1,046
Number of HELOC Loans i
692
(Jan 2024)
-18.3%
year-over-year
y-o-y
  • January '24 Jan '24 692
  • December '23 Dec '23 770
  • November '23 Nov '23 858
  • October '23 Oct '23 819
  • September '23 Sep '23 802
  • August '23 Aug '23 847
  • July '23 Jul '23 732
  • June '23 Jun '23 889
  • May '23 May '23 950
  • April '23 Apr '23 915
  • March '23 Mar '23 780
  • February '23 Feb '23 578

Cook County, IL Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Cook County, IL Foreclosure Activity

There were a total of 438 Cook County, IL properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 309 Cook County, IL properties and repossessed 109 Cook County, IL properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
438
(Jan 2024)
-57.9%
year-over-year
y-o-y
  • January '24 Jan '24 438
  • December '23 Dec '23 448
  • November '23 Nov '23 510
  • October '23 Oct '23 548
  • September '23 Sep '23 432
  • August '23 Aug '23 859
  • July '23 Jul '23 881
  • June '23 Jun '23 907
  • May '23 May '23 1,046
  • April '23 Apr '23 1,047
  • March '23 Mar '23 1,111
  • February '23 Feb '23 880
Foreclosure Starts i
309
(Jan 2024)
-55.7%
year-over-year
y-o-y
  • January '24 Jan '24 309
  • December '23 Dec '23 273
  • November '23 Nov '23 315
  • October '23 Oct '23 296
  • September '23 Sep '23 244
  • August '23 Aug '23 520
  • July '23 Jul '23 513
  • June '23 Jun '23 608
  • May '23 May '23 661
  • April '23 Apr '23 664
  • March '23 Mar '23 784
  • February '23 Feb '23 551
Completed Foreclosures (REOs) i
109
(Jan 2024)
-13.5%
year-over-year
y-o-y
  • January '24 Jan '24 109
  • December '23 Dec '23 115
  • November '23 Nov '23 59
  • October '23 Oct '23 134
  • September '23 Sep '23 177
  • August '23 Aug '23 133
  • July '23 Jul '23 171
  • June '23 Jun '23 179
  • May '23 May '23 165
  • April '23 Apr '23 183
  • March '23 Mar '23 160
  • February '23 Feb '23 107
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