Fox Valley area of Illinois home prices December 13th
Fox Valley area of Illinois home prices December 13th. It is snowing and 9 degrees right now. This next week we should see highs from 10-47 degrees and lows from 3-33 degrees.
New listings are down. 109 this week compared to 120 the previous week.
Closed listings are also down. 142 this week compared to 188 the previous week.
Aurora New-14 $233,000-$679,900
Closed-15 $167,000-$580,000
Elgin New-14 $260,000-$999,000
Closed-16 $238,000-$700,000
Naperville New-11 $299,900-$1,595,000
Closed-20 $375,000-$2,100,000
Plainfield New-24 $355,000-$760,145
CLosed-13 $414,990-$880,000
These are the communities with the most activity this week. Look at photo above to see 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 $450,000, last week $449,450.
Closed median price this week $482,495, last week $439,945.
Conventional financing was used to close on 97 homes this week at median price $485,000 with 44 days average market time, last week 127 homes at median price $466,000 with 45 days average market time.
Cash was used to close on 26 homes this week at median price $536,000 with 28 days average market time, last week 29 homes at median price $443,000 with 38 days average market time.
FHA financing was used to close on 9 homes this week at median price $377,900 with 34 days average market time, last week 23 homes at median price $365,000 with 41 days average market time.
VA financing was used to close on 5 homes this week at median price $394,000 with 20 days average market time, last week 9 homes at median price $390,000 with 46 days average market time.
2,000 SF or more closed on 93 homes this week at median price $569,000 with 46 days average market time, last week 99 homes at median price $536,000 with 51 days average market time. Minimum price this week $238,000, last week $219,499.
Over 68% of homes closed this week used conventional financing and over 65% of homes closed this week were at least 2,000 SF or more.
Under contract this week
Homes that went under contract this week are down slightly. 104 this week compared to 113 the previous week.
Aurora-16 Elgin-14
Plainfield-15
No short sales were accepted by seller’s this week.
Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours and 1 with 48 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 48 hours.
Under contract median price accepted this week $402,400 with 56 days average market time, last week $413,000 with 61 days average market time.
2025 by the month
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
September 1012 698 785
October 1040 981 991
November 568 678 641
December 229 330 217
Totals 10,277 8,870 9,409
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 an 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.
If you are a buyer or seller looking for information about the process you can go to nar.realtor/the-facts and scroll down to see the guides and videos. If you still have questions please let us know.
You can also go to request a home valuation, sign-up for email alerts, down payment assistance, IHDA programs, andsearch for a home.
All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day as agents upload their information.
Fox Valley area of Illinois home prices December 13th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101