Fox Valley area of Illinois home prices August 8th
Fox Valley area of Illinois home prices August 8th.
I am late posting this because I was gone over this last weekend. I did do the downloads on Saturday though.
This week we should see highs from 79-85 degrees and lows from 66-69 degrees.
This week there are 254 new listings and 226 closed listings.
Here are the communities with the most activity this week.
Aurora New-30 $270,000-$799,999
Closed-21 $227,000-$960,000
Bolingbrook New-12 $244,900-$885,000
Closed-12 $323,000-$640,000
Elgin New-27 $265,000-$809,905
Closed-28 $220,000-$795,000
Geneva New-11 $345,000-$1,000,000
Closed-10 $378,000-$1,250,000
Naperville New-46 $400,000-$3,400,000
Closed-44 $400,000-$2,150,000
Oswego New-9 $456,655-$644,840
Closed-10 $290,000-$678,000
Plainfield New-34 $310,000-$849,000
Closed-31 $340,000-$1,985,000
St Charles New-17 $399,000-$1,649,000
Closed-9 $360,000-$1,300,000
Look at the photo above for other communities that also had activity this week and their price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $510,000. Closed median price this week $524,875.
Conventional financing was used to close on 177 homes this week at median price $550,000 with 20 average days on market.
Cash was used to close on 33 homes this week at median price $414,900 with 24 average days on market.
FHA financing was used to close on 10 homes this week at median price $382,450 with 17 average days on market.
VA financing was used to close on 6 homes this week at median price $453,945 with 30 average days on market.
2,000 SF or more closed on 155 homes this week at median price $603,060 with 30 average days on market. Minimum price this week $276,108.
Over 78% of homes closed this week using conventional financing and over 68% of homes were at least 2,000 SF or more.
Under contract this week
Here are the communities that sellers accepted the most contracts.
Aurora-39 Bolingbrook-13
Elgin-18 Naperville-31
Oswego-13 Plainfield-24
St Charles-19
Take a look at photo above to see other communities that also had contracts accepted.
No short sales were accepted this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours and 7 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 7 with a kick-out clause of 72 hours and 4 with 48 hours.
Under contract median price this week $467,495 with 27 average days on market.
2026 by the month
Month New Closed Under contract
January 526 416 392
February 668 477 673
March 1076 778 1083
April 1143 791 914
May 1113 806 930
June 1140 932 1026
July 1397 1193 1092
August 254 226 236
Totals 7317 5619 6346
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.
Contact a local loan officer with all your financial information to get preapproved so you can get started with the process and know what price range you should be in.
Next you will need to sign a buyer representation agreement before looking at any homes.
If you are thinking about selling your home, you can fill out this form and tell us a little bit about your home and what you have updated, and we will get started doing a market analysis. We will also do net proceeds that shows you the expenses to sell and give you an idea of what you might walk away with.
A good place to get information about the buying and selling process is here. Scroll down to see all the guides and videos. Let us know what questions you still have.
You can sign-up for email alerts and receive listings as soon as they hit the market with your criteria or search anytime you like.
All data provided today was downloaded Saturday from our MLS. Midwest Real Estate Data LLC. It changes throughout the day.
Fox Valley area of Illinois home prices August 8th.
Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, SFR, MPR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101