Fox Valley area of Illinois home prices April 12th

Fox Valley area of Illinois home prices April 12th.  55 and sunny right now and should get to 62 today.  This next week we should see highs from 52-72 degrees and lows from31-52 degrees.  Yes, it is still going to be a roller coaster for  a while.

New listings this week are up.  246 this week compared to 191 the previous week.

Closed listings are consistent.  156 this week compared to 153 the previous week.

Aurora New-33 $204,900-$789,000

            Closed-20 $192,000-$880,000

Bolingbrook New-14 $224,700-$739,500

                    Closed-8 $255,000-$560,000

Elgin New-18 $299,900-$1,399,999

         Closed-13 $165,000-$650,000

Naperville New-46 $379,000-$3,800,005

                 Closed-26 $410,000-$1,850,000

Plainfield New-44 $295,900-$662,050

                Closed-21 $310,000-$825,000

Yorkville New-14 $339,900-$595,000

               Closed-7 $295,000-$449,990

These are the communities with the most activity this week.  Look at photo above to see other communities that saw activity and their price ranges.

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

Median list price this week $475,000, last week $474,520.

Closed median price this week $462,500, last week $437,000

Conventional financing was used to close on 115 homes this week at median price $470,000 with 37 days average market time, last week 107 homes at median price $475,000 with 34 days average market time.

Cash was used to close on 26 homes this week at median price $492,500 with 23 days average market time, last week 24 homes at median price $426,500 with 40 days average market time.

FHA financing was used to close on 11 homes this week at median price $345,000 with 98 days average market time, last week 15 homes at median price $379,500 with 57 days average market time.

VA financing was used to close on 4 homes this week at median price $481,100 with 33 days average market time, last week 5 homes at median price $437,000 with 36 days average market time.

2,000 SF or more closed on 92 homes this week at median price $585,000 with 42 days average market time, last week 95 homes at median price $515,000 with 39 days average market time.  Minimum price this week $296,500, last week $250,000.

Almost 74% of homes closed this week used conventional financing.  If you add the number of cash deals to ones that used conventional financing that is 90% of homes closed this week.

Under contract this week

Homes that went under contract this week are up slightly.  200 this week compared to 184 the previous week.

Aurora-26                    Bolingbrook-13

Elgin-19                        Naperville-25

Plainfield-24                 St Charles-12

These are the communities seller’s accepted the most contracts this week.  Take a look at photo above to see other communities that saw homes go under contract.

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.  4 with a kick-out clause of 48 hours and 3 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 48 hours.

Under contract median price this week $449,900 with 41 days average market time, last week median price $467,450 with 37 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               437        309             384

Totals       2416    1952       2372

Check back with us every Saturday for the real estate 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 compared to.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

For some good guides and videos about buying and selling a house go to nar.realtor/the-facts. Please scroll down to the information.

You can alsorequest a home valuation, sign-up for email alerts, look for down payment assistance, and search for a home.

All data provided today was downloaded from our MLS, MRED, LLC.  The data changed throughout the day.

Fox Valley area of Illinois home prices April 12th.  Have an awesome week!

Kristine Heiman, Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101