{"id":58371,"date":"2025-05-23T11:41:06","date_gmt":"2025-05-23T18:41:06","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=58371"},"modified":"2025-07-14T07:34:13","modified_gmt":"2025-07-14T14:34:13","slug":"cost-of-selling-a-house-in-illinois","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/cost-of-selling-a-house-in-illinois\/","title":{"rendered":"What Is the Cost of Selling a House in Illinois?"},"content":{"rendered":"

If you\u2019re like many Illinoisans, your home is probably your most significant financial asset. Selling it is not a decision to take lightly. Whether you’re planning to move to another state, transitioning to the suburbs, or downsizing<\/a>, you want the selling process to be as seamless as possible while maximizing your proceeds<\/a>.<\/p>\n

As you formulate your strategy, make sure you understand the potential costs associated with selling. This article outlines the expenses you may encounter and provides expert insights to give you a clearer picture of the cost of selling a house in Illinois.<\/p>\n\n\n\n\n\n

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What's Your Illinois Home Worth?<\/h3>\n

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’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.<\/p>\n \n

\n Get Estimate<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n
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Housing trends in Illinois<\/h2>\n

Similar to trends across the nation, the Illinois housing market is facing high interest rates and increased home prices.<\/p>\n

\u201cIt’s so competitive, but in desirable suburbs, we’re still seeing low inventory, which keeps the prices really strong, and if sellers are preparing and pricing strategically, we’re still seeing multiple offers in the first couple of days,\u201d says Lana Erickson<\/a>, an Illinois-based Elite Agent with 23 years of real estate experience.<\/p>\n

Here\u2019s a breakdown of the current real estate landscape in Illinois:<\/p>\n\n\n\n\n\n\n\n
<\/td>\nAs of April 2025<\/strong><\/td>\n<\/tr>\n
Days on market<\/td>\n30 days<\/td>\n<\/tr>\n
Median home sale price<\/td>\n$310,000<\/td>\n<\/tr>\n
Percentage of homes sold for cash<\/td>\n0.1%<\/td>\n<\/tr>\n
Population growth year over year<\/td>\n+0.53%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Sources: Illinois Realtors<\/a> and World Population Review<\/a><\/em><\/p>\n

Sellers in Illinois should pay attention to the days on market<\/a> (DOM), which indicates the average time from listing a home to securing a signed purchase agreement<\/a>. In Illinois, the average DOM is 30 days.<\/p>\n

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Start with a home value estimate<\/h2>\n

Getting a home value estimate is a smart first step to determining the cost of selling a house in Illinois. Given how quickly market values can change, checking your home\u2019s worth is a good idea. You might be pleasantly surprised by its current value.<\/p>\n

To get a fast online value estimate, try HomeLight\u2019s Home Value Estimator<\/a>. This free automated valuation model<\/a> (AVM) tool uses recent sales data, local market trends, and your home\u2019s latest selling price to provide a preliminary value range in under two minutes. To begin, just enter your address<\/a>.<\/p>\n

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How much does it cost to sell a house in Illinois?<\/h2>\n

Based on our findings, the cost to sell a home in Illinois typically ranges from 6% to 10% of your selling price.<\/p>\n

For instance, if you sell your home for $310,000 \u2014 the median home price<\/a> in Illinois \u2014 your selling costs could be approximately $18,600 to $31,000.<\/p>\n

The exact amount you\u2019ll pay depends on your choices regarding home preparations, agent commissions, and any concessions you may offer to the buyer. Let\u2019s look a little closer at what you should consider when estimating the cost of selling a house in Illinois.<\/p>\n

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What are common expenses for sellers in Illinois?<\/h2>\n

Erickson notes that the costs associated with selling a house can vary significantly based on Illinois\u2019 fluctuating market.<\/p>\n

Several factors can affect these expenses, including your home\u2019s size, age, and condition. Below are estimated costs to guide you as you plan your sale.<\/p>\n

Prepping your house for sale<\/h3>\n

Prepping your Illinois home for sale generally costs between 1.5% and 2.7% of its final sale price. Based on the $310,000 median home price in the state, this could amount to around $4,650 to $8,370.<\/p>\n

Here are some potential expenses:<\/p>\n