Best Time to Buy in Illinois
When Illinois home prices dip and listings peak
Public Record
Best Month to Buy
January
Most Expensive Month
November
Discount Opportunity
-20.5%
Sales Volume by Month
Average Price by Month
Monthly Breakdown
| Month | Sales | Avg Price | $/Sqft | Discount vs Peak |
|---|---|---|---|---|
| January | 14,083 | $291.5K | $141 | -20.5% |
| February | 14,220 | $324.9K | $146 | -11.3% |
| March | 20,156 | $303.1K | $171 | -17.3% |
| April | 26,814 | $312.3K | $171 | -14.8% |
| May | 28,721 | $320.3K | $177 | -12.6% |
| June | 29,764 | $348K | $180 | -5.0% |
| July | 25,362 | $324.9K | $174 | -11.3% |
| August | 24,297 | $330.5K | $168 | -9.8% |
| September | 21,148 | $312.2K | $164 | -14.8% |
| October | 19,036 | $304.4K | $162 | -16.9% |
| November | 19,050 | $366.4K | $138 | peak |
| December | 19,063 | $317.4K | $137 | -13.4% |
Why Seasonality Matters
US home prices follow predictable seasonal patterns. Sale activity peaks in late spring and summer when families move between school years; prices typically follow. Winter months see fewer transactions but are often the best time for buyers seeking discounts on motivated sellers.
Based on 261,714 public-record SOLD events between 2019 and 2024.