News

The 20 most competitive housing markets in Illinois

Photo: Shutterstock


(STACKER) – Across much of the U.S., people are struggling to buy and sell homes. Homebuyers are scared off by high prices and economic uncertainty, while home sellers are staying put until they can earn more profit from the sale. Student loan debt is adding even more pressure on younger buyers. As such, houses are selling at a historically slow rate, especially in the Sun Belt—even as mortgage rates fall.

That’s not the case everywhere, though. In today’s market, understanding your local level of competition can help you make smarter decisions. It affects everything from how quickly homes sell to how much negotiating power buyers and sellers have.

Conditions vary widely across Illinois—but this list can help. Redfin Real Estate ranked the most competitive cities in Illinois based on their combined months of supply (lower is better), average sale to list ratio (higher is better), and median days on market (lower is better). All data is an average for the January-October 2025 period. To see the most competitive cities in the country, read this recent Redfin article.

#1. Wheaton, Illinois
– Days on market: 42.64 days
– Sale to list ratio: 102.2%
– Months of supply: 1.86 months
– Share of homes sold above list price: 60.4%
– Share of homes that went off market in two weeks: 62.0%
– See homes for sale in Wheaton on Redfin.com

#2. Mount Prospect, Illinois
– Days on market: 41.74 days
– Sale to list ratio: 101.9%
– Months of supply: 2.05 months
– Share of homes sold above list price: 58.6%
– Share of homes that went off market in two weeks: 61.5%
– See homes for sale in Mount Prospect on Redfin.com

#3. Oak Park, Illinois
– Days on market: 44.09 days
– Sale to list ratio: 101.9%
– Months of supply: 2.02 months
– Share of homes sold above list price: 54.1%
– Share of homes that went off market in two weeks: 64.2%
– See homes for sale in Oak Park on Redfin.com

#4. Evanston, Illinois
– Days on market: 46.43 days
– Sale to list ratio: 102.3%
– Months of supply: 2.22 months
– Share of homes sold above list price: 53.9%
– Share of homes that went off market in two weeks: 56.9%
– See homes for sale in Evanston on Redfin.com

#4. Rockford, Illinois
– Days on market: 11.51 days
– Sale to list ratio: 100.3%
– Months of supply: 1.24 months
– Share of homes sold above list price: 49.1%
– Share of homes that went off market in two weeks: 63.5%
– See homes for sale in Rockford on Redfin.com

#6. Arlington Heights, Illinois
– Days on market: 48.06 days
– Sale to list ratio: 101.0%
– Months of supply: 1.94 months
– Share of homes sold above list price: 48.9%
– Share of homes that went off market in two weeks: 56.8%
– See homes for sale in Arlington Heights on Redfin.com

#7. Springfield, Illinois
– Days on market: 13.24 days
– Sale to list ratio: 99.7%
– Months of supply: 1.21 months
– Share of homes sold above list price: 36.5%
– Share of homes that went off market in two weeks: 63.7%
– See homes for sale in Springfield on Redfin.com

#8. Downers Grove, Illinois
– Days on market: 48.25 days
– Sale to list ratio: 101.2%
– Months of supply: 2.29 months
– Share of homes sold above list price: 49.0%
– Share of homes that went off market in two weeks: 56.2%
– See homes for sale in Downers Grove on Redfin.com

#9. Des Plaines, Illinois
– Days on market: 47.27 days
– Sale to list ratio: 100.7%
– Months of supply: 2.33 months
– Share of homes sold above list price: 51.9%
– Share of homes that went off market in two weeks: 60.6%
– See homes for sale in Des Plaines on Redfin.com

#10. Peoria, Illinois
– Days on market: 20.65 days
– Sale to list ratio: 97.9%
– Months of supply: 1.68 months
– Share of homes sold above list price: 32.4%
– Share of homes that went off market in two weeks: 51.8%
– See homes for sale in Peoria on Redfin.com

#10. Skokie, Illinois
– Days on market: 49.31 days
– Sale to list ratio: 100.6%
– Months of supply: 2.21 months
– Share of homes sold above list price: 48.2%
– Share of homes that went off market in two weeks: 51.1%
– See homes for sale in Skokie on Redfin.com

#12. Aurora, Illinois
– Days on market: 46.95 days
– Sale to list ratio: 100.6%
– Months of supply: 2.34 months
– Share of homes sold above list price: 48.7%
– Share of homes that went off market in two weeks: 60.2%
– See homes for sale in Aurora on Redfin.com

#13. Champaign, Illinois
– Days on market: 45.16 days
– Sale to list ratio: 100.1%
– Months of supply: 2.27 months
– Share of homes sold above list price: 39.3%
– Share of homes that went off market in two weeks: 58.8%
– See homes for sale in Champaign on Redfin.com

#14. Hoffman Estates, Illinois
– Days on market: 48.52 days
– Sale to list ratio: 101.0%
– Months of supply: 2.44 months
– Share of homes sold above list price: 55.9%
– Share of homes that went off market in two weeks: 57.9%
– See homes for sale in Hoffman Estates on Redfin.com

#14. Schaumburg, Illinois
– Days on market: 51.1 days
– Sale to list ratio: 100.5%
– Months of supply: 2.06 months
– Share of homes sold above list price: 51.5%
– Share of homes that went off market in two weeks: 55.5%
– See homes for sale in Schaumburg on Redfin.com

#16. Palatine, Illinois
– Days on market: 52.74 days
– Sale to list ratio: 100.7%
– Months of supply: 2.4 months
– Share of homes sold above list price: 52.4%
– Share of homes that went off market in two weeks: 59.0%
– See homes for sale in Palatine on Redfin.com

#17. Naperville, Illinois
– Days on market: 49.39 days
– Sale to list ratio: 100.3%
– Months of supply: 2.51 months
– Share of homes sold above list price: 44.5%
– Share of homes that went off market in two weeks: 54.4%
– See homes for sale in Naperville on Redfin.com

#18. Joliet, Illinois
– Days on market: 51.22 days
– Sale to list ratio: 100.3%
– Months of supply: 2.69 months
– Share of homes sold above list price: 46.2%
– Share of homes that went off market in two weeks: 49.4%
– See homes for sale in Joliet on Redfin.com

#19. Tinley Park, Illinois
– Days on market: 52.35 days
– Sale to list ratio: 99.8%
– Months of supply: 2.36 months
– Share of homes sold above list price: 46.3%
– Share of homes that went off market in two weeks: 54.5%
– See homes for sale in Tinley Park on Redfin.com

#19. Waukegan, Illinois
– Days on market: 57.32 days
– Sale to list ratio: 100.5%
– Months of supply: 2.53 months
– Share of homes sold above list price: 51.2%
– Share of homes that went off market in two weeks: 51.0%
– See homes for sale in Waukegan on Redfin.com

This story was produced by Redfin Real Estate and reviewed and distributed by Stacker.

Recent Headlines

1 hour ago in Sports

McIlroy leads by one stroke after first round at Dubai Invitational

Fresh

Rory McIlroy posted a 5-under 66 to lead by one stroke after the first round of the Dubai Invitational on Thursday.

1 hour ago in Music, Trending

See the dates and ticket plans for the BTS tour that starts in April

Fresh

The BTS comeback is upon us. The K-pop septet has announced a 2026 - 2027 world tour, kicking off in South Korea in April and running through March 2027 with over 70 dates across Asia, North America, South America, Australia and Europe.

1 hour ago in National

Trump threatens to use the Insurrection Act to end protests in Minneapolis

Fresh

President Donald Trump on Thursday threatened to invoke the Insurrection Act and deploy troops to quell persistent protests against the federal officers sent to Minneapolis to enforce his administration's massive immigration crackdown.