Average Time to Sell a House in Illinois in 2021

Jamie Ayers

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Jamie Ayers

October 3rd, 2021
Updated October 3rd, 2021

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Getting ready to sell your Illinois home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).

Time to sell a home in Illinois

  • In 2021, the average time it takes to sell a home in Illinois — from listing through closing — is approximately 95 days. That’s 60 days to get an offer, plus the typical 35-day closing period.
  • Key factors that impact Illinois home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
  • Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.

»FIND: Top Real Estate Agents in Illinois

Read on to learn more about how long it takes to sell a house in Illinois and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.

Editor’s Note: The data in this article may be slightly skewed because of COVID-19’s disruptive effect on 2020 real estate trends. See the table at the end of this article to compare data from 2020 and 2019 and see how drastically trends were affected in your state.

What’s the average time to sell a house in Illinois?


Average Time to Sell*
Average Price*
National
86 days
$704,881
State
95
$386,105
*Based on Realtor.com Data (December, 2020)

The average time it takes to sell a house in Illinois in 2021 is 95 days — 60 days to get an offer and an additional 35 days to close. This is approximately 10.5%slower than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.

Best time to sell a house in Illinois

In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) times to sell your Illinois house based on what’s most important to you:

  • Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
  • Highest Sale Price: What month should you list in to get the best possible price for your home?

» LEARN: the best time to sell in Illinois

Best month to sell a house fast in Illinois


Month*
Days on Market**
Best Month
July
43 days
Worst Month
February
88 days
*Based on Realtor.com Data (December, 2020)
**Days on market doesn't include the amount of time it typically includes to close (about 35 days)

The best month to sell a house fast in Illinois is July. The median time it takes for Illinois homes listed in July to sell is 43 days, which is 17 days faster than the annual average.

» READ: a comprehensive guide on how to sell your house fast

Best month to sell a house in Illinois for price


Month*
Average Price*
Best Month
June
$269,998
Worst Month
January
$224,900
*Based on Realtor.com Data (December, 2020)

The best month to sell a house in Illinois in terms of sale price is June. The median sale price in June is $269,998, which is 7.7% — or $19,257 — more than the annual average.

Tips to get your Illinois home sold

1. Price It Right

As we noted above, the time of year that you list your home can have a big impact on the final sale price.

Clearly, the summer is the best time to sell property in the state. Sellers get their biggest return and sell their homes fastest in June and July. In fact, they sell 36 days faster than in February.

Clever Partner Agents have full knowledge of the monthly trends in your local market. They can bring in the largest possible buyer pool no matter when you sell your home.

2. Make Repairs

It’s often difficult to assess what repairs and renovations you should make. After all, you will be moving out of your home and won’t be able to enjoy the upgrades. But that doesn’t mean that they aren’t important.

The right repairs can add thousands of dollars to your sales price and they don’t have to cost too much. Think of what your rate of return will be on your investment when considering which repairs to make.

A new paint job is one of the easiest and least expensive ways to update your home’s look. Also make minor repairs in the kitchen, if needed, and fix any broken appliances.

Buyers are turned off by broken light fixtures and a dark room detracts from the overall image you want to present for your home. You will also want to refinish scratched hardwood floors or give the carpet a good clean.

A good realtor will be able to tell you about improvements you can make to help your home sell for more and faster. If you leave repairs to potential buyers, you may lose some buyers who would have otherwise bid on your home. If they do make an offer, the bid won’t be as high because the buyer will likely be thinking of the future renovation costs.

In the end, bright rooms, shampooed carpets, and a clean home will go a long way in selling your home quickly.

3. Stage and Market Your Home to Attract Qualified Buyers

When you put your home up for sale, you want to make sure that it is as presentable and marketable as possible. If your furniture or home’s décor is out of date, you should consider staging.

While it’s on the market, you would replace your home’s furniture with rented items for the duration of the sales period. Your realtor may even suggest upgraded lighting.

Staging is an investment, but it can bring a huge return. It usually costs under $1,500, but the return on investment can be tens of thousands of dollars.

4. Work with a Top Negotiator

When you’re selling your Illinois home you need someone on your side who knows how to negotiate like a pro. A Clever Partner Agent knows the state’s real estate sector inside and out. They also understand its unique pool of buyers, so they can price your home for its highest value.

In most cases, house hunters will have a buyer’s agent working on their side. They make offers and counter offers for a living. That means you should have someone on your side who is also an effective negotiator.

Clever Partner Agents have the latest statistical information and market trend data to help you make the right deal. They will be able to help you with any counter offers to ensure that you get the most for your home as possible.

5. Share your listing on social media

With over 2 billion people worldwide using Facebook, the social media site is one of the strongest platforms for marketing. Most Facebook users have an average of 200 or more Facebook “friends” with whom they share photos, news articles, and personal information.

Tapping into this wealth of potential buyers is almost a no brainer, if you ask us. By “sharing” your listing, you’re showing it to hundreds of people. If somebody else shares your post, you’re in even better standing to cook up buyer interest, and ultimately sell fast.

Next steps for Illinois home sellers

If you’re looking to sell your home fast in Illinois and get a great price, Clever can help.

Clever negotiates reduced rates with top-rated real estate agents throughout Illinois. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.

» LEARN: more about low-commission real estate agents

Importantly, home sellers who list with Clever get their first qualified offer in an average of 24.1 days* — that’s 36 days faster than the average time to offer in Illinois.

Sell your house fast and save thousands!

Work with a top local agent for a fraction of the typical cost.

*Average time to offer for Clever home sellers in 2020

Average time to sell in 2019


2019*
2020*
Average Time to Sell in Illinois:
82 days
95 days
National Average:
80 days
86 days
Average Sale Price in Illinois:
$231,750
$386,105
National Average:
$307,750
$704,881
Best Month for Speed:
June, with an average of 31 days on market
July, with an average of 43 days on market
Best Month for Price:
June, with an average sale price of $252,000
June, with an average sale price of $269,998
*Based on data gathered from Realtor.com and Zillow Data Center

Additional resources for Illinois home sellers


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