Illinois Market Timing

Best Time to Sell a House in Illinois (2026)

In Illinois, homes sold in October sell for 13% more than those sold in January (-17%). That's a 30% swing that could mean tens of thousands of dollars.

Best Month

October

+13% premium

Worst Month

January

-17% discount

Price Swing

30%

Between best and worst

Median Price

$265K

Illinois median

Avg. DOM

48

Days on market

Monthly Price Index — Illinois

Regional seasonal index (100 = annual average). Derived from 1 years of FRED data (EXHOSLUSM495N + regional housing starts).

83
Jan
93
Feb
103
Mar
100
Apr
110
May
96
Jun
96
Jul
99
Aug
101
Sep
113
Oct
103
Nov
103
Dec

Best 3 Months

#1OctoberIndex 113
#2MayIndex 110
#3MarchIndex 103

Worst 3 Months

#1JanuaryIndex 83
#2FebruaryIndex 93
#3JulyIndex 96

What to Consider When Timing Your Sale in Illinois

Seasonal data shows clear patterns in Illinois's housing market. The best months to list are typically in late spring and early summer, when buyer demand peaks. However, several local factors can shift these patterns:

  • Local inventory levels — low inventory can create seller's markets even in off-peak months
  • Interest rate changes — rate drops can surge buyer demand regardless of season
  • New construction — large developments can impact resale prices in specific neighborhoods
  • School district timelines — families with children often need to close by July-August
  • Carrying costs — waiting for the "best" month costs $3,000-$7,000/month in most markets

Use our interactive Timeline Optimizer to factor in your specific carrying costs and find the month where your total net proceeds are maximized.

Seasonal Market Analysis: Illinois

Illinois has a strongly seasonal market, with June being the best month at 8% above the annual average. Cold winters significantly reduce showing activity from November through February.

The Chicago market follows this pattern closely, though desirable neighborhoods like Lincoln Park, Lakeview, and the western suburbs can see competitive activity year-round.

Downstate markets (Springfield, Champaign, Peoria) are even more seasonal, with a narrow April-July window for peak pricing.

The spring listing surge in Chicago often creates a competitive frenzy. Sellers who list in early April can capture eager buyers before inventory peaks.

Seasonal Timing: Illinois vs. Neighboring States

How the best selling months in Illinois compare to nearby states.

StateBest MonthPeak PremiumWorst Discount
IllinoisYou
October+13%-17%
June+8%-5%
June+8%-5%
June+8%-5%
May+7%-4%
May+7%-4%

Frequently Asked Questions: Selling a House in Illinois

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Interactive Timeline Optimizer

Use our interactive tool below to calculate the best selling month for your Illinois home based on your specific home value and carrying costs.

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Mortgage, taxes, insurance, HOA

Select your state above to see seasonal price patterns and find your optimal selling window.