Fox Valley area of Illinois home prices August 30th
Fox Valley area of Illinois home prices August 30th. It is 73 degrees and cloudy right now. Highs this next week will be between 60-81 degrees and lows between 45-55 degrees.
New listings this week are down. 218 this week compared to 240 the previous week.
Closed listings this week are up. 232 this week compared to 203 the previous week.
Aurora New-22 $175,000-$1,100,000
Closed-28 $150,000-$815,000
Bolingbrook New-17 $249,900-$695,000
Closed-20 $278,000-$830,000
Elgin New-19 $210,000-$624,900
Closed-31 $45,000-$880,000
Geneva New-8 $325,000-$1,099,000
Closed-10 $273,000-$1,300,000
Naperville New-37 $399,900-$2,699,000
Closed-32 $399,900-$2,175,000
Oswego New-14 $410,000-$609,990
Closed-10 $320,000-$750,000
Plainfield New-26 $274,900-$665,000
Closed-25 $320,000-$754,565
St Charles New-11 $314,900-$2,950,000
Closed-13 $370,000-$1,159,000
See the photo above for other communities that also had activity this week and their price ranges.
Finances used, median prices, and 2,000 SF or more
Median list price this week $471,565, last week $460,000.
Closed median price this week $471,595, last week $450,000.
Conventional financing was used to close on 171 homes this week at median price $499,990 with 29 days average market time, last week 139 homes at median price $475,000 with 33 days average market time.
Cash was used to close on 34 homes this week at median price $429,995 with 28 days average market time, last week 39 homes at median price $385,000 with 42 days average market time.
FHA financing was used to close on 19 homes this week at median price $337,500 with 34 days average market time, last week 15 homes at median price $350,000 with 12 days average market time.
VA financing was used to close on 7 homes this week at median price $380,000 with 16 days average market time, last week 9 homes at median price $490,000 with 12 days average market time.
2,000 SF or more closed on 140 homes this week at median price $560,500 with 28 days average market time, last week 122 homes at median price $535,000 with 35 days average market time. Minimum price this week $275,000, last week $184,000.
73% of homes closed this week using conventional financing.
60% of homes were at least 2,000 SF or more.
Under contract this week
Homes that went under contract this week were consistent. 203 this week compared to 210 the previous week.
Aurora-27 Bolingbrook-18
Elgin-20 Naperville-18
Oswego-12 Plainfield-25
Sugar Grove-17
Other communities had seller’s accept contracts. Look at photo above.
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. 5 with a kick-out clause of 72 hours, 5 with 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. 2 with a kick-out clause of 72 hours and 6 with 48 hours.
Under contract median price this week $421,490 with 40 days average market time, last week $431,000 with 54 days average market time.
2025 by the month and a look back at 2024 and 2023
2025
Month New Closed Under contract
January 585 590 652
February 609 504 590
March 785 569 746
April 856 661 818
May 1282 961 1115
June 1098 871 948
July 1278 1169 1063
August 935 858 843
Totals 7428 6183 6775
2024
January 576 523 599
February 637 416 691
March 674 612 792
April 800 688 801
May 1077 1002 1075
June 1009 906 918
July 1173 1050 1094
August 883 858 725
Totals 6829 6055 6695
2023
January 483 326 470
February 630 526 789
March 555 558 726
April 710 617 755
May 735 603 816
June 1030 1059 926
July 765 745 805
August 869 988 915
Totals 5777 5422 6202
More new listings this year, but not too many more closed listings that is the most important one to watch.
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
Buyers and sellers can go to nar.realtor/the-facts and scroll down to the guides and videos for some great information.
You can also go to request a home valuation, sign-up for email alerts, down payment assistance, and search for a home.
Let us know if there is any other information you are looking for related to housing. We will point you in the right direction.
All data was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices August 30th. Have an awesome Labor Day weekend and week ahead!
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SRS, SRES, SFR
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101