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Is Now a Good Time to Sell Your Home in 2026

Realtor.com’s 2026 Spring Seller Survey found that 74% of potential sellers believe now is a good time to sell. That is a striking number after several slow years. But a national mood survey answers a national question. Whether you should sell depends on your market, your equity, and what your specific home is actually worth.

By the end of this article, you’ll know:

  • What the 2026 seller survey actually found, and what changed from 2025
  • Why Chicago sits among the strongest seller markets in the country right now
  • How a pre-listing appraisal turns national sentiment into a number you can act on

Why 74% of Sellers Say It’s a Good Time to Sell

The confidence comes from three things sellers can see for themselves: strong home values, limited inventory in many regions, and interest rates that have finally stopped lurching around. According to the Realtor.com 2026 Spring Seller Survey, 83% of potential sellers expect to get their asking price or more. Most expect a sale within four months.

The reasons for selling shifted too. In 2025, life events led the list. In 2026, profit moved to the front: 41% of sellers cite the desire to make a profit, up from 36% a year earlier. An equal share want a different neighborhood, and 39% need more space. Fewer people are downsizing than last year. So sellers are not just reacting to life anymore. Many are choosing their moment.

The Number That Should Get Your Attention

Buried in the optimism is the most useful data point in the survey. In 2026, 39% of potential sellers expect to make concessions, up significantly from 30% in 2025. That is a large one-year jump, and it tells you sellers know buyers have regained some footing.

Concessions are where deals quietly lose money. A seller who prices too high, sits on the market, then covers closing costs or repair credits can net less than a seller who priced accurately from day one. The typical home now spends 57 days on market. Every week past that point weakens your negotiating position, because buyers read a stale listing as an invitation to negotiate hard.

Here is the math that matters. Suppose a home worth $450,000 gets listed at $485,000 on optimism. It sits for three months, drops to $455,000, then closes at $440,000 with $8,000 in credits after inspection. The owner who priced at $450,000 from the start likely nets more, sells faster, and keeps the upper hand. The survey confirms sellers sense this shift. Acting on it is another matter, and that is where an accurate starting value earns its keep.

Where Chicago Sits in the 2026 Market

National averages hide the real story, because local conditions vary dramatically this year. Realtor.com’s Market Clock analysis found that only about a quarter of the 50 largest metros remain seller’s markets, concentrated in the Midwest and Northeast. All eight buyer’s markets sit in the South or West.

Chicago made the short list of peak seller markets, alongside Hartford and Indianapolis. Sellers here can reasonably expect strong demand and less pressure to bend on price. If you own in the Chicago area, the 2026 window genuinely favors you. But favorable conditions raise a different risk: overconfidence. A hot market forgives some pricing mistakes. It does not forgive all of them, and it never tells you which improvements actually added value to your home.

What the Survey Can’t Tell You About Your House

Survey respondents did their homework. More than half researched neighborhood prices, and half made small fixes before listing. That preparation helps. Yet neighborhood research has a ceiling, because online estimates and nearby sale prices describe other people’s houses.

They do not account for your finished basement, your dated kitchen, your oversized lot, or the addition the neighbors never built. An independent appraisal does. An appraiser inspects the property, selects genuinely comparable sales, and adjusts for the differences that automated estimates skip. The result is a defensible market value, not a sentiment reading. That number tells you whether to list now, what price the market will support, and how much room you have before concessions start eating your equity.

There is a second reason the number matters, and the survey points to it. Eight in ten sellers plan to stay within their current state, and more than half plan to stay within the same county. Most sellers are also buyers, often in the same market they are leaving. Your sale proceeds set your purchase budget. If your list price rests on a guess, so does your next down payment. Knowing your equity before you list lets you shop for the next home with real numbers instead of hopeful ones.

The survey found one more preparation gap worth noting. The share of sellers who determined which improvements to make before listing fell from 50% to 44% this year. That decision is exactly where owners overspend. Not every project returns its cost at sale, and the ones that do vary by neighborhood. An appraiser can tell you which improvements the local market actually pays for before you write the check, not after.

Start With Your Number, Not the National Mood

The 74% are not wrong. Conditions in 2026 favor prepared sellers, especially in supply-constrained markets like Chicago. But the survey measures confidence, and confidence is not a comp. Before you list, get an independent appraisal of your home. Then you can decide from evidence: sell now, improve first, or hold. Whatever you choose, you will be choosing with a real number instead of a national average.

Thinking of listing this year?

A pre-listing appraisal gives you the one thing the survey can’t: what your home is worth before a buyer tells you. Price it right the first time.

Get Your Pre-Listing Value

Frequently Asked Questions

Is 2026 a good time to sell a house?

For many owners, yes. Realtor.com’s 2026 Spring Seller Survey found 74% of potential sellers believe now is a good time to sell, supported by strong values and stabilizing rates. Conditions vary sharply by region, though, so the answer depends on your local market and your home’s actual value.

Is Chicago a seller’s market in 2026?

Yes. Realtor.com’s Market Clock analysis placed Chicago among the strongest seller markets in the country in 2026, driven by tight inventory across the Midwest and Northeast. Sellers of well-priced, move-in-ready homes are in a strong position here.

Should I get an appraisal before selling my home?

A pre-listing appraisal is one of the most useful steps a seller can take. It gives you an independent, defensible market value based on an inspection and true comparable sales, so you can set an accurate list price instead of relying on online estimates or guesswork.

Why are more sellers expecting to make concessions in 2026?

In the 2026 survey, 39% of potential sellers expected to make concessions, up from 30% in 2025. Buyers have regained some negotiating power as inventory recovered in parts of the country, so sellers anticipate covering items like closing costs or repair credits more often.

How long does it take to sell a house in 2026?

The typical home spends about 57 days on market, according to Realtor.com’s March 2026 housing report. In the survey, 75% of potential sellers expected their home to sell within four months, and 27% expected a sale within one to two months.

Put an Appraiser on Your Side Before You List

PahRoo Appraisal & Consultancy has valued Chicago-area homes for more than two decades, led by an appraiser holding both MAI and SRA designations. Whether you need a residential appraisal before listing or broader appraisal services for an estate, divorce, or tax matter, we deliver an independent value you can act on with confidence.


Spring Inventory Surge: What It Means for Buyers & Sellers in 2025

 

Spring Inventory Just Spiked—Here’s What That Really Means for Buyers and Sellers

No, the market isn’t crashing. However, something big is happening: inventory just surged by 17,000 homes in a single week—the sharpest jump in nearly three years.

For the first time in a long time, buyers have more options. Meanwhile, sellers face more competition than before. Whether you’re diving in or just watching from the sidelines, here’s what this shift means and how to play it smart.

 

Why Inventory Is Suddenly Climbing

This isn’t a fluke. It’s the result of a few key trends converging:

Rates are still high-ish – Mortgage rates dipped slightly; nevertheless, they remain high enough to give buyers pause. As a result, slower demand means homes are sitting longer.

Sellers are done waiting – Many are accepting that this is the new normal. Therefore, they’re listing now rather than holding out for 2021 prices.

Longer time on market = more active listings – With fewer bidding wars, homes are stacking up.

 

What Buyers Should Know

This shift is your chance to breathe. In fact, it finally gives buyers a little more control.

You’ve got options – More listings means more room to compare, negotiate, and not waive every contingency.

Slightly better leverage – Some sellers are open to concessions: price cuts, closing help, or repair credits.

However, don’t sleep on it – If rates drop again, competition could heat back up fast.

 

What Sellers Should Do Now
A shifting market isn’t bad. It just means you can’t rely on chaos to sell your home.

Price smart – Today’s buyer is savvy and spoiled for choice. Overprice it, and they’ll scroll right past⁷.

Stand out – Good staging, strong photos, and solid marketing are now your secret weapons.

Stay calm – Homes are still selling, it’s just not a bidding war on every block anymore.

 

Bottom Line
This spring isn’t a meltdown or a miracle. It’s a moment of balance and that’s a good thing.

The market is evolving. Strategy matters more than ever. Whether you’re buying, selling, or investing, understanding the why behind the numbers will always put you ahead.

Want help reading the signs in your local market?

Reach out—we’re here to help.

 

Sources:
Altos Research via HousingWire, April 2025: “Biggest inventory spike in 3 years

Freddie Mac Mortgage Market Survey, April 2025 

CoreLogic MarketPulse Report, Q1 2025 

Redfin Market Trends Report, April 2025 

National Association of Realtors (NAR), 2025 Buyer & Seller Survey 

Mortgage News Daily Rate Tracker, April 2025 

Realtor.com Seller Strategy Guide, 2025

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