Fox Valley area of Illinois home prices April 5th
Fox Valley area of Illinois home prices April 5th. Cloudy and in the low 50’s today. This next week we should see highs from 41-63 degrees and lows from 24-42 degrees.
New listings this week are down slightly. 191 this week compared to 211 the previous week.
Closed listings this week are pretty consistent. 153 this week compared to 146 the previous week.
Aurora New-19 $249,500-$575,000
Closed-21 $169,000-$835,000
Bolingbrook New-12 $280,000-$549,000
Closed-6 $280,000-$853,443
Elgin New-15 $249,900-$859,900
Closed-25 $194,300-$736,175
Naperville New-32 $499,900-$1,625,000
Closed-24 $380,000-$1,625,000
Plainfield New-27 $297,900-$849,900
Closed-19 $305,000-$677,490
St Charles New-13 $250,000-$5,995,000
Closed-4 $346,500-$1,400,000
These are the communities with the most activity this week. Look at the photo above for other communities that also had activity and their price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $474,520, last week $499,990.
Closed median price this week $437,000, last week $457,445.
Conventional financing was used to close on 107 homes this week at median price $475,000 with 34 days average market time, last week 108 homes at median price $470,000 with 34 days average market time.
Cash was used to close on 24 homes this week at median price $426,500 with 40 days average market time, last week 20 homes at median price $522,500 with 44 days average market time.
FHA financing was used to close on 15 homes this week at median price $379,500 with 57 days average market time, last week 15 homes at median price $365,000 with 42 days average market time.
VA financing was used to close on 5 homes at median price $437,000 with 36 days average market time, last week 3 homes at median price $547,000 with 52 days average market time.
2,000 SF or more closed on 95 homes this week at median price $515,000 with 39 days average market time, last week 88 homes at median price $537,500 with 44 days average market time. Minimum price this week $250,000, last week $200,000.
Just under 70% of homes closed this week used conventional financing to close. If you do not have cash to close, conventional financing is the way to go.
62% of homes were at least 2,000 SF or more that closed this week.
Under contract this week
Homes that went under contract this week were slightly down. 184 this week compared to 198 the previous week.
Aurora-16 Bolingbrook-11
Elgin-25 Naperville-25
Oswego-13 Plainfield-17
St Charles-13 Yorkville-10
See photo above to see the other communities that seller’s accepted contracts 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. 6 with a kick-out clause of 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, 2 with 48 hours, and 1 with 24 hours.
Under contract this week median price $467 45 with 37 days average market time, last week $425,000 with 29 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 191 153 184
Totals 2170 1796 2172
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 2024 and 2023 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.
Take a look at some guides and videos for buyers and sellers that talk about the process from beginning to the end. Make sure to scroll down to see everything there.
You can also request a home valuation, sign-up for email alerts, down payment assistance, and search for a home.
All data used today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices April 5th. Have an awesome week!
Kristine Heiman, Managing Broker
SFR, SRS, SRES, AHWD
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101