Fox Valley area of Illinois home prices April 19th
Fox Valley area of Illinois home prices April 19th. 62 degrees for a high today. This next week should range from 57-75 degrees for a high and 39-53 degrees for lows.
New listings this week are down. 188 this week compared to 246 the previous week.
Closed listings are up. 191 this week compared to 156 the previous week.
Aurora New-32 $184,900-$825,000
Closed-31 $185,000-$675,000
Bolingbrook New-12 $289,000-$875,000
Closed-12 $284,000-$818,000
Elgin New-19 $248,900-$699,500
Closed-27 $213,000-$750,000
Naperville New-27 $449,853-$1,650,000
Closed-36 $399,000-$1,495,011
Oswego New 10 $299,900-$550,000
Closed-3 $465,640-$645,490
Plainfield New 29 $289,900-$1,000,000
Closed-22 $345,000-$675,000
St Charles New-6 $299,990-$1,100,000
Closed-12 $375,000-$2,300,000
These are the communities with the most activity this week. Check the photo above for other communities that also had activity and their price ranges.
Financing used, median price, and 2,000 SF or more
Median list price of homes this week $460,000, last week $475,000.
Closed median price this week $469,100, last week $462,500.
Conventional financing was used to close on 146 homes this week with median price $469,950 with 37 days average market time, last week 115 homes at median price $470,000 with 37 days average market time.
Cash was used to close on 23 homes this week at median price $647,500 with 23 days average market time, last week 26 homes at median price $492,500 with 23 days average market time.
FHA financing was used to close on 18 homes this week at median price $385,000 with 98 days average market time, last week 11 homes at median price $385,000 with 49 days average market time.
VA financing was used to close on 3 homes this week at median price $468,000 with 18 days average market time, last week 4 homes at median price $481,100 with 33 days average market time.
2,000 SF or more closed on 121 homes at median price $570,000 with 39 days average market time, last week 92 homes at median price $585,000 with 42 days average market time. Minimum price this week $322,000, last week $296,500.
76% of homes closed this week using conventional financing. I am happy to see every week some homes closed using VA financing.
Under contract this week
Homes that went under contract this week are up. 237 this week compared to 200 the previous week.
Aurora-32 Bolingbrook-12
Elgin-20 Naperville-34
Oswego-11 Plainfield-28
South Elgin-11 St Charles-16
Yorkville-10
1 short sales was accepted by a seller this week. It was in Geneva. Now it will be 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, 6 with 48 hours, and 2 with 24 hours.
Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.
Under contract median price this week $474,800 with 40 days average market time, last week $449,900 with 41 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 625 500 621
Totals 2604 2143 2609
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 2023 and 2023 so you have something to compared to.
Contact us
Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal.
For information for buyers and sellers please go to nar.realtor/the-facts to see guides and videos on everything from beginning to end of the process.
You can also go to request a home valuation, sign-up for email alerts, down payment assistance, and 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 April 19th. Have an awesome week!
Kristine Heiman, Managing Broker
SFR, SRS, SRES, AHWD
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101