{"id":31715,"date":"2024-12-12T03:41:22","date_gmt":"2024-12-12T11:41:22","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=31715"},"modified":"2025-07-30T09:13:04","modified_gmt":"2025-07-30T16:13:04","slug":"cost-to-sell-a-house-in-chicago","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/cost-to-sell-a-house-in-chicago\/","title":{"rendered":"What Is the Cost to Sell a House in Chicago?"},"content":{"rendered":"<p>The decision is final: you\u2019re ready to sell your Chicago home. Now, it\u2019s time for the more challenging part, determining the cost to sell a house in Chicago.<\/p>\n<p>Your home is likely the single biggest asset you own. The median sold home price in Chicago is <a href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/Chicago_IL\/overview\">$355,000<\/a>. Selling a home of that value requires careful planning, including understanding the associated costs, potential proceeds, and the duration your home might stay on the market, so you can make informed decisions about your next steps.<\/p>\n\n\n\n\n\n<div class=\"geo-cta widget-cta widget-cta--content     widget-cta--dark widget-cta--dark-blue-gradient\">\n    <div class=\"widget-element--content\">\n        <div class=\"widget-element--content-header\">\n            <img decoding=\"async\" alt=\"homelight logo\" class=\"widget-element--logo\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/themes\/ccprototypev5\/images\/logo-small-cta.png\" width=\"106\" height=\"25\" \/>\n        <\/div>\n        \n                <h3 class=\"cta-headline widget--bold\">Connect With a Top Agent to Sell Your Chicago Home<\/h3>\n                        <p>It takes just two minutes to match clients with the best real estate agents, who will contact you and guide you through the process. To connect with an agent, simply tell us a little bit about your property and how soon you\u2019re looking to sell.<\/p>\n<p>Our data shows the top 5% of agents across the U.S. help clients sell their home for as much as 10% more than the average real estate agent.<\/p>\n        \n                <div class=\"widget-element--buttons\">\n            <a data-type=\"In Content CTA\" href=\"https:\/\/www.homelight.com\/find-agent\/quiz\/seller?#\/qaas=0\/\" class=\"cta-click-track widget-element--button\">Find Agent<\/a>\n        <\/div>\n                    <\/div>\n<\/div>\n\n\n<p>In this post, we researched the expenses you can expect and gathered expert insights to help you get a better idea of the cost to sell a house in Chicago.<\/p>\n<section class=\"building-block bb-type-default bb-agent-quote bg-none\" id=\"bb-1\"><div class=\"body block\"><div class=\"container-fluid\"><div class=\"block-content\">            <blockquote class=\"post-blockquote\">\n                <q>Chicago didn\u2019t have the huge spike in pricing that some of the markets throughout the states [had]. The majority of the market has been fairly stable. There\u2019s a lot of demand still because people find a lot of value in our market.<\/q>\n                                    <div class=\"contributors\">\n                        <ul class=\"list\">\n                            <li>\n                                <div class=\"inner\">\n                                    <div class=\"opener\">\n                                        <div class=\"avatar\">\n                                                                                            <img decoding=\"async\" src=\"https:\/\/media.homelight.com\/uploads\/agent\/picture\/2701775\/4e8fe0bb-a0c0-4a23-b592-a39df6404333.jpeg?width=121\" alt=\"Santiago Valdez\">\n                                                                                    <\/div>\n                                        <div class=\"info\">\n                                            <strong>Santiago Valdez<\/strong>\n                                            <span>Real Estate Agent<\/span>\n                                        <\/div>\n                                    <\/div>\n\n                                    <div class=\"contributors-detail-modal\">\n                                        <div class=\"holder\">\n                                            <a href=\"#\" class=\"icon-close close\">\n                                                <span class=\"screen-reader-text\">Close<\/span>\n                                            <\/a>\n                                            <div class=\"top\">\n                                                <div class=\"avatar\">\n                                                                                                            <img decoding=\"async\" src=\"https:\/\/media.homelight.com\/uploads\/agent\/picture\/2701775\/4e8fe0bb-a0c0-4a23-b592-a39df6404333.jpeg?width=121\" alt=\"Santiago Valdez\">\n                                                                                                    <\/div>\n                                                <div class=\"info\">\n                                                    <strong>Santiago Valdez<\/strong>\n                                                                                                            <span>Real Estate Agent at Compass<\/span>\n                                                                                                        <div class=\"rating\">\n                                                                                                            <\/div>\n                                                                                                            <span class=\"note\">Currently accepting new clients<\/span>\n                                                                                                    <\/div>\n                                            <\/div>\n                                                                                            <div class=\"btm\">\n                                                    <ul class=\"exp-list inline-list\">\n                                                                                                                    <li>\n                                                                <span>Years of Experience<\/span>\n                                                                <strong>24<\/strong>\n                                                            <\/li>\n                                                                                                                    <li>\n                                                                <span>Transactions<\/span>\n                                                                <strong>1294<\/strong>\n                                                            <\/li>\n                                                                                                                    <li>\n                                                                <span>Average Price Point<\/span>\n                                                                <strong>$343k<\/strong>\n                                                            <\/li>\n                                                                                                                    <li>\n                                                                <span>Condominiums<\/span>\n                                                                <strong>666<\/strong>\n                                                            <\/li>\n                                                                                                            <\/ul>\n                                                <\/div>\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div>\n                            <\/li>\n                        <\/ul>\n                    <\/div>\n                            <\/blockquote>\n        <\/div><\/div><\/div><\/section>\n<h2><div id=\"section--1\" data-toc-header=\"Housing trends in Chicago\" data-toc-type=\"head\"><\/div>Housing trends in Chicago<\/h2>\n<p><span style=\"font-weight: 400;\">While the median listing price of Chicago homes (the assigned price when placed on the market) is $345,000, the <\/span><a href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/Chicago_IL\/overview\"><span style=\"font-weight: 400;\">median home sold price is $355,000<\/span><\/a><span style=\"font-weight: 400;\">. <\/span>This is a positive indicator for home sellers, as it points to strong buyer demand, <a href=\"https:\/\/www.homelight.com\/blog\/bidding-war-on-house-advice\/\">bidding wars<\/a>, several offers above the asking price, and a high <a href=\"https:\/\/www.homelight.com\/blog\/how-to-sell-your-home-for-more-money\/\">potential for higher profit<\/a>.<\/p>\n<p>Beyond median prices, how quickly homes sell is an indicator of the market\u2019s temperament. The <a href=\"https:\/\/www.homelight.com\/blog\/days-on-market-matters\/\">days on the market<\/a>, or DOM, is the number of days a property has been on the market from listing through having a signed sales agreement. It is an important data point for buyers, as it provides a snapshot of the relative demand for a home in a particular region, state, or city.<\/p>\n<p>The average DOM in Chicago is 41 days, suggesting a stable market for buyers and sellers.<\/p>\n<p><a href=\"https:\/\/www.homelight.com\/agents\/santiago-valdez-il-475153660\">Santiago Valdez<\/a> is a HomeLight Elite Agent who sells homes more than 53% quicker than the average Chicago agent. He explains the Windy City\u2019s market, \u201cChicago didn\u2019t have the huge spike in pricing that some of the markets throughout the states [had]. The majority of the market has been fairly stable. There\u2019s a lot of demand still because people find a lot of value in our market,\u201d says Valdez.<\/p>\n\n\n\n\n\n<div class=\"geo-cta widget-cta widget-cta--content     widget-cta--dark widget-cta--dark-blue-gradient\">\n    <div class=\"widget-element--content\">\n        <div class=\"widget-element--content-header\">\n            <img decoding=\"async\" alt=\"homelight logo\" class=\"widget-element--logo\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/themes\/ccprototypev5\/images\/logo-small-cta.png\" width=\"106\" height=\"25\" \/>\n        <\/div>\n        \n                <h3 class=\"cta-headline widget--bold\">What's Your Chicago Home Worth Now?<\/h3>\n                        <p>Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home&#8217;s last sale price, and other market trends to provide a preliminary range of value in under two minutes.<\/p>\n        \n                <div class=\"widget-element--buttons\">\n            <a data-type=\"In Content CTA\" href=\"https:\/\/www.homelight.com\/simple-home-value\/quiz?#\/qaas=0\/\" class=\"cta-click-track widget-element--button\">Get Estimate<\/a>\n        <\/div>\n                    <\/div>\n<\/div>\n\n\n<h2><div id=\"section--2\" data-toc-header=\"Start with a home value estimate\" data-toc-type=\"head\"><\/div>Start with a home value estimate<\/h2>\n<p>A good first step in estimating the cost to sell a house in Chicago is <a href=\"https:\/\/www.homelight.com\/blog\/check-house-value\/\">getting a ballpark home value estimate<\/a>.<\/p>\n<p>The latest National Association of Realtors (NAR) data show that the median <a href=\"https:\/\/www.nar.realtor\/newsroom\/existing-home-sales-grew-3-4-in-october-first-year-over-year-gain-since-july-2021\">existing-home sales price increased by 4%<\/a> from October 2023, the 16th consecutive month of year-over-year price gains. With home values and markets changing dramatically, now is an excellent time to check up on your home value. You may be pleasantly surprised to see what your house might be worth.<\/p>\n<p>Request a quick online value estimate using HomeLight\u2019s <a href=\"https:\/\/www.homelight.com\/home-value-estimator\/\">Home Value Estimator<\/a> to get an initial idea. This free<a href=\"https:\/\/www.homelight.com\/blog\/automated-valuation-model\/\"> automated valuation model<\/a> (AVM) tool uses recent sales transactions, local market trends, and your home\u2019s latest selling price to provide a preliminary value range for your property in under two minutes. Just <a href=\"https:\/\/www.homelight.com\/simple-home-value\/quiz#\/qaas=0\/\">enter your address<\/a> to get started.<\/p>\n<h2><div id=\"section--3\" data-toc-header=\"How much does it cost to sell a house in Chicago?\" data-toc-type=\"head\"><\/div>How much does it cost to sell a house in Chicago?<\/h2>\n<p>The cost to sell a house in Chicago depends on several factors. Your specific situation may cost more or less. Based on our extensive research, which we\u2019ll break down below, the typical cost to sell a house in Chicago can be more than 14% of the home\u2019s selling price.<\/p>\n<p><span style=\"font-weight: 400;\">If you sell your home for the median home sold price in Chicago of $355,000, your seller costs might be around $49,700.<\/span><\/p>\n<p>Your estimated out-of-pocket costs will depend on your unique situation and several variable factors. Below is a guide to the most common <a href=\"https:\/\/www.homelight.com\/blog\/what-fees-are-associated-with-selling-a-house\/\">charges when selling a house<\/a> that influence the cost to sell a house in Chicago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What\u2019s the cost to sell a house in Chicago, Illinois? Here\u2019s a breakdown of expenses, including repairs, taxes, fees, commissions, and more.<\/p>\n","protected":false},"author":308,"featured_media":31735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","cybocfi_hide_featured_image":"","footnotes":""},"categories":[1300,322,233],"tags":[1302],"class_list":["post-31715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-illinois-real-estate","category-logistics","category-preparing-to-sell","tag-selling-a-house-in-chicago-metro-area"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What Is the Cost to Sell a House in Chicago, Illinois?<\/title>\n<meta name=\"description\" content=\"What\u2019s the cost to sell a house in Chicago, Illinois? Here\u2019s a breakdown of expenses, including repairs, taxes, fees, commissions, and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.homelight.com\/blog\/cost-to-sell-a-house-in-chicago\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is the Cost to Sell a House in Chicago?\" \/>\n<meta property=\"og:description\" content=\"What\u2019s the cost to sell a house in Chicago, Illinois? 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