Fox Valley area of Illinois home prices December 20th
Fox Valley area of Illinois home prices December 20th. It is 38 degrees and cloudy right now. This next week we should see highs from 30-55 degrees and lows from 15-41 degrees. Christmas day should be the 55 degree day. Wild! Especially after all the snow we had this month.
New listings are down. 89 this week compared to 109 the previous week.
Closed listings are up slightly. 153 this week compared to 142 the previous week.
Aurora New-11 $240,000-$604,990
Closed-17 $163,000-$530,000
Elgin New-7 $249,000-$609,250
Closed-17 $325,000-$905,000
Naperville New-6 $496,390-$1,800,000
Closed-15 $515,000-$1,650,000
Oswego New-11 $374,990-$619,990
Closed-11 $290,000-$570,000
Plainfield New-12 $345,000-$609,900
Closed-21 $325,000-$850,000
These are the communities with the most activity this week. Look at photo above to see other communities and their price ranges that also had activity this week.
Financing used, median prices, and 2,000 SF or more
Median list price this week $446,495, last week $450,000.
Closed median price this week $433,000, last week $482,495.
Conventional financing was used to close on 112 homes this week at median price $440,000 with 55 days average market time, last week 97 homes at median price $485,000 with 44 days average market time.
Cash was used to close on 13 homes this week at median price $365,000 with 53 days average market time, last week 26 homes at median price $536,000 with 28 days average market time.
FHA financing was used to close on 21 homes this week at median price $350,000 with 35 days average market time, last week 9 homes at median price $377,900 with 34 days average market time.
VA financing was used to close on 5 homes this week at median price $385,000 with 85 days average market time, last week 5 homes at median price $394,000 with 20 days average market time.
2,000 SF or more closed on 91 homes this week at median price $523,990 with 61 days average market time, last week 93 homes at median price $569,000 with 46 days average market time. Minimum price this week $275,000, last week $238,000.
Conventional financing is still the number 1 way to close. Over 73% of homes closed using conventional financing and over 59% of homes were at least 2,000 SF or more. There were 2 that did not come under any of these categories. They might of used a construction loan or rehab loan.
Under contract this week
Homes under contract this week are consistent. 112 this week compared to 104 the previous week.
Aurora-11 Elgin-12
Naperville-21 Plainfield-17
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. 1 with a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 1 with 48 hours.
Under contract median price this week $428,000 with 70 days average market time, last week $402,400 with 56 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 318 483 329
Totals 10,366 9,023 9,521
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.
We have a week and a half of short weeks left of 2025. We will have 3 years to look back on at the end of the year.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
Whether you are a buyer or seller or both you can go to nar.realtor/the-facts and scroll down to get some good information about the process in 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, and search for a home.
All data provided today was downloaded this morning from our MLS, MRED, LLC. It changes throughout the day as agents upload their information.
Fox Valley area of Illinois home prices December 20th. 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