Fox Valley area of Illinois home prices May 23rd
Fox Valley area of Illinois home prices May 23rd.
It is gorgeous today. Sunny and 73 degrees. We should see highs this week from 72-87 degrees and lows from 51-65 degrees.
I am going to list the communities with the most activity this week.
Aurora New-25 $190,000-$1,019,900
Closed-29 $230,000-$1,015,000
Bolingbrook New-15 $299,000-$929,900
Closed-6 $325,000-$500,000
Elgin New-30 $237,500-$798,000
Closed-29 $110,000-$789,880
Naperville New-35 $335,000-$2,399,000
Closed-24 $321,551-$1,129,000
Oswego New-23 $300,000-$1,200,000
Closed-10 $315,000-$529,990
Plainfield New-32 $299,900-$829,900
Closed-25 $359,000-$878,145
St Charles New-16 $227,000-$1,289,000
Closed-13 $392,407-$2,200,000
Yorkville New-9 $259,000-$795,000
Closed-10 $345,000-$735,000
Other communities had activity this week. Look at photo above to their price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $535,348. Closed median price this week $475,000
Conventional financing was used to close on 163 homes this week at median price $480,000 with 13 average days on market.
Cash was used to close on 26 homes this week at median price $475,000 with 18 average days on market.
FHA financing was used to close on 11 homes this week at median price $379,000 with 14 average days on market.
VA financing was used to close on 5 homes this week at median price $430,000 with 21 average days on market.
2,000 SF or more closed on 162 homes this week at median price $567,000 with 14 average days on market. Minimum price this week $300,000.
Conventional financing was used to close on a little over 78% of homes this week and almost 78% of homes closed were at least 2,000 SF or more. 3 used other types of financing.
Under contract this week
261 homes went under contract this week.
Here is a list of communities that were most active.
Aurora-19 Batavia-10
Bolingbrook-14 Elgin-33
Naperville-43 North Aurora-10
Oswego-17 Plainfield-28
St Charles-16 Yorkville-10
No short sales were accepted this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 5 with 48 hours, and 4 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 and 1 with 24 hours.
Under contract median price this week $489,990 with 21 average days on market.
2026 by the week
Month New Closed Under contract
January 526 416 392
February 668 477 673
March 1076 778 1086
April 1143 791 914
May 840 569 729
Totals 4253 3031 3794
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 take a look back at 2025 and 2024, 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.
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There is some great information about the buying and selling process here. Scroll down to see the guides and videos. Let us know what questions you have.
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All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices May 23rd.
Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101