Fox Valley area of Illinois home prices July 19th
Fox Valley area of Illinois home prices July 19th. It is 73 degrees and cloudy right now. This next week we should see highs between 78-95 and lows between 65-74 degrees.
New listings this week are down. 238 this week compared to 321 the previous week.
Closed listings are up. 241 this week compared to 196 the previous week.
Aurora New-25 $239,900-$920,000
Closed-22 $155,000-$925,000
Bolingbrook New-11 $260,000-$669,000
Closed-8 $305,501-$615,000
Elgin New-28 $237,500-$659,900
Closed-23 $270,000-$1,300,000
Geneva New 10 $460,000-$1,750,000
Closed-22 $305,000-$1,200,000
Naperville New-32 $450,000-$1,499,900
Closed-43 $400,000-$2,675,000
Oswego New-20 $299,900-$733,350
Closed-15 $305,000-$625,000
Plainfield New-47 $169,950-$994,900
Closed-25 $265,000-$690,000
St Charles New-17 $275,000-$875,000
Closed-17 $390,000-$2,500,000
Yorkville New-5 $349,900-$769,000
Closed-10 $350,000-$886,500
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 price, and 2,000 SF or more
Median list price this week $488,000, last week $475,000.
Closed median price this week $480,000, last week $452,500.
Conventional financing was used to close on 183 homes this week at median price $488,000 with 25 days average market time, last week 140 homes at median price $455,000 with 26 days average market time.
Cash was used to close on 34 homes this week at median price $497,500 with 37 days average market time, last week 28 homes at median price $543,750 with 23 days average market time.
FHA financing was used to close on 15 homes this week at median price $400,000 with 27 days average market time, last week 14 homes at median price $409,000 with 35 days average market time.
VA financing was used to close on 6 homes this week at median price $468,000 with 34 days average market time, last week 12 homes at median price $495,000 with 30 days average market time.
2,000 SF or more closed on 164 homes this week at median price $565,000 with 29 days average market time, last week 114 homes at median price $580,000 with 28 days average market time. Minimum price this week $140,000, last week $250,000.
Just slightly under 76 percent of homes closed this week used conventional financing. 68 percent 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 up. 235 this week compared to 175 the previous week.
Aurora-34 Bolingbrook-17
Elgin-21 Naperville-31
Oswego-17 Plainfield-26
St Charles-22
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 5 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 5 with a kick-out clause of 72 hours and 1 with 48 hours.
Under contract median price this week $449,900 with 40 days average market time, last week $455,000 with 41 days average market time.
2025 by the week
Month New Closed Under contract
January 585 570 652
February 609 504 590
March 785 569 746
April 856 661 818
May 1282 961 1115
June 1098 871 948
July 725 683 648
Totals 5940 4819 5517
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.
You can request a home valuation, sign-up for email alerts, down payment assistance, search for a home.
If you are a buyer or seller looking for information about the process go to nar.realtor/the-facts and scroll down to the guides and videos there.
All data provided today was downloaded from out MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices July 19th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, SFR, SRES, SRS
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101