You got some good answers from local Realtors, and they are right, everywhere it depends on the location, upgrades, type and style of home and then the right pricing and marketing, in this market you are lucky if you
live in an area where prices have dropped, in most of them drastically and now your are were they are stable.
But is stable what it is that you are looking for, when they are at way back values...
You need to connect with an area Realtor, have him or her see your property, look at your financial situation, ie.
when you purchased how much you still owe and then compare all that to your options concerning selling, list price actual sale price etc.
Good luck to you
Edith YourRealtor4Life! and Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients....