Housing in Blue Island, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$170,500

Median List Price

$205,000

Price Per Sq Ft

$125

Days on Market

111

Active Inventory

40

Months of Supply

4.0

Balanced market

Zillow Home Value

$190,886

ZHVI — January 2026

Zillow Rent Index

$1,300

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 29.0%List Price 6.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

12.5%

Sale-to-List Ratio

91.9%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
12.5%
Listings with Price Drops
17.5%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

13

Pending Sales

16

Homes Sold 11.1%New Listings 18.2%Pending 6.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$125

Median List $/SF

$136

Sale $/SF 0.8%List $/SF 19.5%Mar 24Jan 26

Blue Island vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Blue Island is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$169,800

Median Rent

$1,071

Total Housing Units

9,340

Vacancy Rate

7.3%

Owner Occupied

49.1%

Renter Occupied

50.9%

Median Property Tax

$4,426

per year

Monthly Cost (w/ Mortgage)

$1,331

Housing Types

Single Family
47.9%
Multi-Family
47.6%
Mobile Home
4.5%

The current median sale price in Blue Island, IL is $170,500 according to Redfin data. Homes spend a median of 111 days on the market. 20.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $125. Zillow's observed rent index is $1,300/month. About 49.1% of housing units are owner-occupied. The median year homes were built is 1961. There are 9,340 total housing units.