When Is the Best Time to Sell a House in Illinois?

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By Jon Stubbs Updated June 4, 2024

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The best month to sell a house in Illinois is June. Last year, the average listing price for Illinois homes in June was $273,533, which is $20,975 more than the annual average.

The best month to sell your house fast in Illinois is June, because that's when homes tend to spend the least amount of time on the market. Last year, Illinois homes sold in June were on the market for an average of 46 days, which is 11 days faster than the annual average.

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Best time to sell in Illinois for speed

In Illinois, the fastest month to sell is June, when homes spend an average of 46 days on the market (DOM) — 11 days less than the annual average.

When a market has a low average DOM, that's usually an indicator of favorable conditions for sellers, i.e., a high demand among buyers. The annual average in Illinois is 57 days on the market, compared to the national average of 63 days.

When a state average DOM is less than the national average, it indicates a seller's market in that state. Conversely, when the state average DOM exceeds the national average, it indicates a buyer's market, meaning a less desirable time to sell.

We looked at data from 2016 onward to determine historically good months to sell quickly in Illinois.

Month Days on market[1] Difference from average
January 79 22 days slower
February 70 13 days slower
March 50 7 days faster
April 48 9 days faster
May 48 9 days faster
June 46 11 days faster
July 48 9 days faster
August 50 7 days faster
September 55 2 days faster
October 57 Equal to average
November 61 4 days slower
December 72 15 days slower
Annual Average 57
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Best time to sell in Illinois for price

The best month to sell for top dollar in Illinois is June, when homes sell for an average of $273,533 (or $20,975 more than the annual average).

Historical data can help you understand when prices in Illinois are typically at their annual high and low. While each year will have slight variations, we looked at sale prices since 2016 to determine the trends and average prices for each month.

Month Average sale price[1] Difference from average
January $228,608 -$23,950
February $238,650 -$13,908
March $253,246 $688
April $261,731 $9,173
May $269,642 $17,084
June $273,533 $20,975
July $264,957 $12,399
August $262,317 $9,759
September $253,334 $776
October $250,751 -$1,807
November $242,534 -$10,024
December $231,392 -$21,166
Annual Average $252,558
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Best time to sell in Illinois by location

It's important to note that trends vary from region to region. The table below shows the most lucrative months to sell for five cities in Illinois.

Location Best month to sell Typical sales premium Average days on market[1]
Chicago July $18,876 33
Rockford March $24,656 21
Peoria July $15,846 36
Bloomington March $21,142 42
Decatur November $14,142 34
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Top ways to sell your house no matter the time of year

If you need to sell your Illinois home and it's not the best time of year to list, you still have options.

  • Sell your home quickly: Sell to a cash buyer or an iBuyer. Cash buyers are best for sellers who need to sell in a matter of days without investing any money to fix up or stage the home. iBuyers can also close quickly with cash, but your house needs to be in good condition to qualify.
  • Save money with a discount realtor: List with a discount brokerage and work with full-service agents who work for reduced commissions.
  • Sell without a realtor: List with a flat fee MLS company. You'll save on listing commission, but you'll need to complete every step of the selling process yourself, making this option best for experienced sellers with extra time on their hands.
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Why trust us

Data sources

Our Research Team uses real estate data from reputable sources, such as Zillow, Realtor.com, and FreddieMac, to determine the best and worst months to sell a house in Illinois. We analyze monthly trends for listing prices, housing inventory, and mortgage rates and refresh that data on our pages as the primary sources update.

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When's the best time to sell a home in Illinois?

If you're after the best sales price, the best month to sell in Illinois is June when houses sell for 5.30% more than average.

If your priority is speed, June is the best time to sell because homes tend to sell 11 days faster than average.

When's the worst time to sell a home in Illinois?

January is the month when homes sell for the least amount of money. When it comes to a quick sale, January is the worst time to list. Homes stay on the market for an average of 60 days.

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Article Sources

[1] Realtor.com – "Realtor.com Housing Data". Updated March 1, 2024.

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