Fox Valley area of Illinois home prices July 12th
Fox Valley area of Illinois home prices July 12th. 73 degrees and cloudy right now. Highs this week should be between 75-89 degrees with lows between 60-70 degrees. A few stormy days possible this week.
New listings this week are way up. 321 this week compared to 166 the previous week.
Closed listings are down. 196 this week compared to 246 the previous week.
Aurora New-43 $209,900-$1,050,000
Closed-22 $220,000-$657,000
Bolingbrook New-27 $275,000-$749,900
Closed-13 $247,000-$586,000
Elgin New-31 $175,000-$949,900
Closed-21 $237,000-$660,000
Naperville New-58 $427,000-$2,599,000
Closed-32 $386,100-$1,898,000
Oswego New-15 $410,000-$1,200,000
Closed-11 $289,900-$780,000
Plainfield New-37 $279,900-$785,000
Closed-22 $337,500-$795,000
St Charles New-24 $325,000-$898,500
Closed-12 $295,000-$1,410,000
New listings have not been in the 300’s for a very long time.
Other communities had activity this week. You can see those and their price ranges in the photo above.
Financing used, median prices, and 2,000 SF or more
Median list price this week $475,000, last week $479,900.
Closed median price this week $452,500, last week $497,950.
Conventional financing was used to close on 140 homes this week at median price $455,000 with 26 days average market time, last week 185 homes at median price $516,090 with 27 days average market time.
Cash was used to close on 28 homes this week at median price $543,750 with 23 days average market time, last week 29 homes at median price $508,200 with 23 days average market time.
FHA financing was used to close on 14 homes this week at median price $409,000 with 35 days average market time, last week 18 homes at median price $352,500 with 42 days average market time.
VA financing was used to close on 12 homes this week at median price $495,000 with 30 days average market time, last week 12 homes at median price $591,000 with 20 days average market time.
2,000 SF or more closed on 114 homes this week at median price $580,000 with 28 days average market time, last week 158 homes at median price $597,495 with 30 days average market time. Minimum price this week $250,000, last week $350,000.
A little over 71% of homes closed this week using conventional financing. We are still seeing cash offers used more than FHA and VA combined.
Under contract this week
Homes that went under contract this week are down. 175 this week compared to 238 the previous week.
Aurora-23 Bolingbrook-14
Elgin-11 Naperville-21
Oswego-14 Plainfield-11
St Charles-16
2 short sales were accepted by seller’s this week. 1 in Geneva and 1 in Naperville. Now they will be submitted to the lender to see if they will also accept.
Seller’s accepted contracts that are contingent on the buyer’s closing on their current home. 1 with a kick-out clause of 72 hours and 4 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer’s selling and closing on their current home. 2 with a kick-out clause of 72 hours, 3 with 48 hours, and 2 with 24 hours.
Under contract median price this week $455,000 with 41 days average market time, last week $498,500 with 29 days average market time.
2025 by the month
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
July 487 442 413
Totals 5702 4578 5282
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 we will 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 looking for information about the process from beginning to the end please go to nar.realtor/the-factsand scroll down to see guides and videos explaining the process.
You can also go to request a home valuation, sign-up for email alerts, down payment assistance, and search for a home.
Let us know if you are looking for any other information and we will point you in the right direction.
All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day as agents upload their information.
Fox Valley area of Illinois home prices July 12th. 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