Fox Valley area of Illinois home prices June 28th
Fox Valley area of Illinois home prices June 28th. It is sunny and 80 degrees right now. This next week we should see highs from 82-93 degrees with lows from 63-71 degrees.
New listings this week are up slightly. 278 this week compared to 269 the previous week.
Closed listings are up. 245 this week compared to 219 the previous week.
Aurora New-28 $199,900-$1,549,000
Closed-30 $200,000-$590,000
Bolingbrook New-28 $319,980-$979,990
Closed-15 $210,000-$785,988
Elgin New-19 $275,000-$724,760
Closed-17 $225,000-$675,000
Geneva New-8 $475,000-$1,895,000
Closed-10 $516,000-$1,495,000
Montgomery New-6 $159,995-$600,000
Closed-10 $200,000-$435,000
Naperville New-52 $375,000-$2,249,900
Closed-43 $410,000-$1,583,323
Oswego New-14 $389,900-$699,900
Closed-13 $335,000-$655,000
Plainfield New-41 $250,000-$770,000
Closed-22 $321,300-$759,990
St Charles New-23 $320,000-$1,395,000
Closed-27 $303,500-$1,315,000
Yorkville New-8 $340,000-$665,000
Closed-10 $359,000-$749,000
These are the communities with the most activity this week. Look at photo above to see other communities that also had activity and their price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $499,950, last week $489,900.
Closed median price this week $475,000, last week $475,000.
Conventional financing was used to close on 175 homes this week at median price $499,000 with 22 days average market time, last week 155 at median price $505,000 with 30 days average market time.
Cash was used to close on 39 homes this week at median price $463,000 with 30 days average market time, last week 32 homes at median price $532,292 with 30 days average market time.
FHA financing was used to close on 18 homes this week at median price $384,950 with 66 days average market time, last week 23 homes at median price $360,000 with 33 days average market time.
VA financing was used to close on 12 homes this week at median price $463,000 with 32 days average market time, last week 6 homes at median price $505,000 with 19 days average market time.
2,000 SF or more closed on 151 homes this week at median price $586,000 with 29 days average market time, last week 133 homes at median price $595,000 with 33 days average market time. Minimum price this week $250,000, last week $305,000.
71 percent of homes closed this week using conventional financing.
61 percent of homes were at least 2,000 SF or more.
Under contract this week
Homes under contract this week are up. 234 this week compared to 219 the previous week.
Aurora-27 Bolingbrook-13
Elgin-21 Geneva-12
Naperville-33 Oswego-12
Plainfield-27 St Charles-12
West Chicago-10
Look at photo above to see other communities seller’s accepted contracts this week.
No short sales were accepted by seller’s this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours, 3 with 48 hours, and 2 with 24 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 8 with 48 hours, and 1 with 24 hours.
Median price of homes under contract this week $450,000 with 33 days average market time, last week $449,000 with 32 days average market time.
2025 by the month and a look back at 2024 and 2023
2025
Month New Closed Under contract
January 585 570 652
February 609 504 590
March 785 569 746
April 856 661 818
May 1282 961 1115
June 1098 871 948
Totals 5215 4136 4869
2024
January 576 523 599
February 637 416 691
March 674 612 792
April 800 688 801
May 1077 1002 1075
June 1009 906 918
Totals 4773 4147 4876
2023
January 483 326 470
February 630 526 789
March 555 558 726
April 710 617 755
May 735 603 816
June 1030 1059 926
Totals 4143 3689 4482
New listings have gone up this year compared to the other 2 years but closed listings were slightly better last year.
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month, like this week, we also take a look back at 2024 and 2023 so you have something to compare to.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
If you are a buyer or seller please go to nar.realtor/the-facts to get some good information about the process from beginning to end. Scroll down to see the guides and videos.
You can also request a home valuation, sign-up for email alerts, down payment assistance, and search for a home.
All data provided today was downloaded from our MLS, MRED, LLC. The data changes as the day goes on and agents upload their new data.
Fox Valley area of Illinois home prices June 28th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, SFR, SRS, SRES, AHWD, MRP
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101