Fox Valley area of Illinois home prices March 14th

Fox Valley area of Illinois home prices March 14th.

It is 38 degreesand snowing right now.  This next week we should see highs from 25-62 degrees and lows from 12-42 degrees.

227 new listings this week and 125 closed listings. Here are the communities with the most activity this week.

Aurora New-28 $180,000-$1,199,900

            Closed-14 $115,000-$495,000

Bolingbrook New-11 $225,000-$1,188,000

                    Closed-9 $250,000-$516,000

Elgin New-20 $279,900-$1,149,000

         Closed-10 $255,000-$579,747

Naperville New-32 $425,000-$2,545,000

                 Closed-15 $446,000-$4,500,000

Oswego New-14 $350,000-$709,040

             Closed-8 $315,000-$555,000

Plainfield New-27 $299,000-$969,000

                Closed-15 $335,000-$767,606

Sycamore New-10 $159,999-$949,000

                Closed-4 $205,000-$490,000

West Chicago New-10 $269,900-$1,725,000

                       Closed-3 $233,600-$775,000

Other communities had activity this week.  Look at photo above to see their price ranges.

Financing used, median prices, and 2,000 SF or more

Median list price this week $475,000 and median closed price this week $454,990.

Conventional financing was used to close on 89 home this week at median price $469,900 with 59 average days on market.

Cash was used to close on 23 homes this week at median price $370,000 with 38 average days on market.

FHA financing was used to close on 8 homes this week at median price $389,950 with 123 average days on market.

VA financing was used to close on 5 homes this week at median price $377,400 with 68 average days on market.

2,000 SF or more closed on 16 homes this week at median price $442,450 with 57 average days on market.  Minimum price this week $344,900.

Over 71% of homes closed this week used conventional financing to close and over 87% of homes closed this week were less than 2,000 SF.

Under contract this week

219 homes went under contract this week.

Aurora-29                  Elgin-26

Naperville-37             Oswego-13

Plainfield-18               St Charles-12

Yorkville-10

No short sales were accepted this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 each with 72, 48 and 24 hour kick-out clause.

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, 1 with 24 hours and 1 we don’t know.

Under contract median price $489,000 with 49 average days on market.

2026 by the month

Month         New   Close   Under contract

January            526      416            392

February          668      477            673

March              461       265            403

It looks like things are picking up slightly.  The most important column to watch is the closed column. Next is new listings.  Under contract can be deceiving because not everything closes.  Some homes are coming back on the market.

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.

If you are a buyer or seller looking for information about the process go to nar.realtor/the-facts and scroll down to see the guides and videos.

To see what your home is worth in today’s market go to request a home valuation and fill out the form.

Email alerts is great if you don’t want to miss a listing as it hits the market.  Just choose the criteria you are looking for.

You can search for a home anytime.

You might want to check out IHDA programs to see if there is any help you might want to try for.

All data was downloaded this morning from our MLS, MRED, LLC.  It changes throughout the day.

Fox Valley area of Illinois home prices March 14th.  

Have an awesome week!

Kristine Heiman, Managing Broker

ABR, AHWD, MRP, SFR, SRS, SRES

Best Homes Fox Valley 

200 Webster St 

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley area of Illinois home prices February 28th

Fox Valley area of Illinois home prices February 28th.

I waited until today to post this because the download I did on Saturday included test listings of $2,000,000,000.  I contacted the MLS this morning and found out I will need to put in a maximum price so the test listings don’t come up.  I still downloaded from Saturday February 21st to February 28th activity.  I am happy they are improving the site.  I think progress is good.

There was 133 new listings this week and 179 closed listings.

Aurora New-18 $209,000-$789,000

            Closed-30 $192,500-$735,583

Bolingbrook New-9 $350,000-$575,000

                   Closed-13 $259,900-$580,111

Elgin New-18 $249,900-$654,490

         Closed-16 $98,000-$565,000

Montgomery New-10 $279,900-$517,990

                    Closed- 2 $285,000-$395,000

Naperville New-16 $345,000-$1,875,000

                 Closed-18 $345,000-$2,750,000

Plainfield New-23 $340,000-$649,990

                Closed-22 $287,900-$910,000

Yorkville New-3 $429,500-$619,999

               Closed-11 $290,000-$687,000

If you don’t see your price range please look at photo above to see if you find another community with your price range. You might need to be open to expanding your search.

Financing used, median prices, and 2,000 SF or more

Median list price this week $487,990 and closed median price $425,000.

Conventional financing was used to close on 131 homes this week at median price $439,900 with 37 average days on market.

Cash was used to close on 28 homes this week at median price $459,950 with 32 average days on market.

FHA financing was used to close on 14 homes this week at median price $329,554 with 15 average days on market.

VA financing was used to close on 5 homes this week at median price $541,505 with 21 average days on market.

2,000 SF or more closed on 85 homes at median price $539,900 with 5 average days on market.  Minimum price this week $365,000.

A little over 73% of homes closed this week used conventional financing and over 47% of homes closed were 2,000 SF or more.  

Under contract this week

189 homes went under contract this week.

Aurora-23                 Bolingbrook-12

Elgin-17                     Naperville-32

Oswego-16                Plainfield-19

These are the communities with the most activity this week.  Take a look at photo to see other communities that also had activity 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.  1 each with a kick-out clause of 72, 48 and 24 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 and 1 with 48 hours.

That is only 7 out of 189 homes that went under contract that have a home sale or close contingency.

Under contract median price this week $465,000 with 28 average days on market.

2026 by the month and a look back at 2025 and 2024

2026

Month         New   Closed   Under contract

January            526       416           392

February          668       477           673

Totals        1194    893      1065

2025

January            585       590           652

February          609       504           590

Totals        1194   1194      1242

2024

January            576       523           599

February          637       416            691

Totals        1213    939       1290

Closed is the most important column to look at.  We are down from the previous 2 years. 

New listings is the same. 

Under contract numbers are higher than closed because some of them come back on the market.  Sometimes multiple times.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois home prices.  At the end of each month we 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.

Amount of homes on market, days on market and type of financing all have an impact on pricing.  It is true about the triangle when price, condition, and location are all right then a home will sell.  You can’t change location but you can change condition and price.

A great resource to learn about buying or selling a home go to nar.realtor/the-facts and scroll down to see the guides and videos there.  If you have questions please let us know.

To get an idea of what your home might sell for in today’s market and what you might walk away with a closing request a home valuation.

If you want to sign-up for email alerts you will get homes as they hit the market with the criteria you want.

You can always search for a home anytime.

I downloaded everything this morning from February 21st to February 28th from our MLS, MRED, LLC.  Sorry for the delay but I needed to find out how not to include the test listings that I downloaded Saturday.  They would of messed up the median prices because they were listings at $2,000,000,000.

Fox Valley area of Illinois home prices February 28th.  Have an awesome week!

Kristine Heiman, Managing Broker

ABR, AHWD, MRP, SFR, SRS, SRES

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

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

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101