Fox Valley area of Illinois home prices August 15th
Fox Valley area of Illinois home prices August 15th.
It is 73 degrees and raining right now. This next week we should see highs from 77-85 degrees and lows from 57-72 degrees.
New listings this week 247 and closed listings 203.
Here are the communities with price ranges that had the most activity this week.
Aurora New-32 $195,000-$775,000
Closed-21 $175,000-$1,145,000
Bolingbrook New-12 $340,000-$580,000
Closed-17 $270,000-$792,454
Elgin New-26 $300,000-$1,049,000
Closed-20 $190,000-$1,595,000
Naperville New-31 $315,000-$1,999,000
Closed-37 $450,000-$1,950,000
North Aurora New-19 $335,000-$799,900
Closed-4 $390,000-$515,000
Oswego New-14 $265,000-$675,385
Closed-9 $410,000-$635,000
Plainfield New-38 $325,000-$925,000
Closed-24 $310,000-$724,265
St Charles New-12 $335,000-$1,275,000
Closed-17 $390,000-$1,850,000
Look at the photo above to see other communities that had activity and their price ranges. You just might find the price range you are looking for.
Financing used, median prices, and 2,000 SF or more
Median list price this week $515,000 and closed median price the same $515,000.
Conventional financing was used to close on 149 homes this week at median price $525,000 with 22 average days on market.
Cash was used to close on 33 homes this week at median price $529,000 with 16 average days on market.
FHA financing was used to close on 11 homes this week at median price $405,000 with 16 average days on market.
VA financing was used to close on 10 homes this week at median price $399,450 with 17 average days on market.
2,000 SF or more closed on 126 homes this week at median price $629,622 with 5 average days on market. Minimum price this week $374,900.
Conventional financing continues to be the most used way to get to closing with a little over 73% and 62% of homes closed this week were at least 2,000 SF or more.
If you look closer to each photo you will see closing price/listing price %, average year built, and price/square foot. On average homes are selling for 100% of list price accept FHA. Some of them are over list price.
Under contract this week
228 homes went under contract this week in the Fox Valley area.
Here are the communities that accepted the most contracts.
Aurora-27 Bolingbrook-13
Elgin-23 Naperville-32
Oswego-13 Plainfield-28
St Charles-12 Yorkville-10
1 short sale was accepted by a seller this week. It was in Plainfield. Now it will get submitted to the lender to see if they will also accept.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours and 3 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours, 7 with 48 hours, and 2 with 24 hours.
Under contract median price this week $480,500 with 27 average days on market.
2026 by the month
Month New Closed Under contract
January 526 416 392
February 668 477 673
March 1076 778 1083
April 1143 791 914
May 1113 806 930
June 1140 932 1026
July 1397 1193 1092
August 501 429 464
Totals 7564 5822 6574
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 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.
Here is some great information about the buying and selling process. Scroll down to see all the guides and videos. Buyer agreements, listing agreements, mortgages and financing, appraisal process, home inspections, escrow and earnest money, staging a home, disclosures, and so much more.
If you are thinking about moving fill out this form and tell us a little bit about your home and what you have updated and we will do a market analysis to let you know about what it will sell for in today’s market. We will also do a net proceed to give you an idea about expenses and what you might walk away with at closing.
You can sign-up to receive listings with the criteria you are looking for and receive them as they hit the market or search for a home anytime.
All data provided today was downloaded from Midwest Real Estate Data LLC. It changes throughout the day.
Fox Valley area of Illinois home prices August 15th.
Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101