Fox Valley area of Illinois home prices February 14th
Fox Valley area of Illinois home prices February 14th.
It is 46 degrees and cloudy right now. This next week we should see highs from 38-65 degrees and lows from 26-48 degrees. It is like a burst of spring.
New listings this week 208 and closed listings 82.
I am going to post the communities with the most activity this week. You can look at the photo for other communities that also had activity and their prices ranges.
Aurora New-24 $200,000-$699,900
Closed-7 $179,000-$604,240
Elgin New-17 $199,900-$874,900
Closed-8 $290,000-$685,000
Montgomery New-14 $425,000-$492,990
Closed-1 $279,000
Naperville New-28 $399,000-$2,557,000
Closed-10 $400,000-$1,595,000
Oswego New-26 $289,900-$1,200,000
Closed-1 655,000
Plainfield New-32 $365,000-$1,250,000
Closed-13 $320,000-$755,955
If you don’t see the price range you are looking for, you might want to expand your search area.
Financing used, median prices, and 2,000 SF or more
Median list price this week $465,000 and closed median price $427,500
Conventional financing was used to close on 65 homes this week at median price $435,000 with 58 days average market time.
Cash was used to close on 10 homes this week at median price $487,500 with 155 days average market time.
FHA financing was used to close on 6 homes this week at median price $375,475 with 80 days average market time.
VA financing was used to close on 1 home this week at $345,000 with 84 days market time.
2,000 SF or more closed on 43 homes this week at median price $560,000 with 91 days average market time. Minimum price this week $335,000.
Over 79% of homes closed this week used conventional financing and over 52% of homes closed were at least 2,000 SF or more.
Days on market have gone up as well. These will come down as we get closer to spring market.
Under contract this week
156 homes went under contract this week.
Aurora-25 Elgin-12
Naperville-17 Plainfield-23
No shorts sales were accepted by seller’s this week.
Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours and 4 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.
$459,945 is the median price of homes that went under contract this week with 60 days average market time.
2026 by the month
Month New Closed Under contract
January 526 416 392
February 354 176 308
We will also take a look back at 2025 and 2024 at the end of each month so you can compare.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
Whether you are buying for the first time, or selling for the first time, or it has been a while you probably have questions about the process. You can go to nar.realtor/the-facts and scroll down to see all the guides and videos talking about the process. You can always ask us any questions you have. It can be stressful so we try to do everything we can to make it as stress free as we can.
If you are selling and want to know what your home is worth in today’s market request a home valuation.
You can sign-up for email alerts if you want to know about properties with your criteria hit the market or you can search for a home anytime.
All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices February 14th. Happy Valentine’s Day! Have and awesome week.
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SFR, SRES, SRS
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101