Fox Valley area of Illinois home prices July 26th
Fox Valley area of Illinois home prices July 26th. It is 83 degrees and cloudy right now. This next week highs should be between 77-93 with lows between 57-75 degrees.
New listings this week are up. 260 this week compared to 238 the previous week.
Closed listings are down. 230 this week compared to 241 the previous week.
Aurora New-28 $215,000-$750,000
Closed-24 $247,000-$1,295,000
Bolingbrook New-27 $295,000-$1,050,000
Closed-15 $223,000-$710,000
Elgin New-19 $150,000-$749,900
Closed-19 $255,000-$638,290
Naperville New-35 $415,000-$2,899,900
Closed-33 $350,000-$1,786,703
Oswego New-22 $275,000-$848,500
Closed-13 $327,000-$619,892
Plainfield New-41 $330,000-$750,000
Closed-30 $305,000-$800,000
St Charles New-15 $375,000-$2,600,000
Closed-21 $315,000-$905,000
West Chicago New-5 $349,500-$429,000
Closed-10 $300,000-$900,000
Yorkville New-8 $250,000-$499,000
Closed-10 $412,000-$730,000
These are the communities with the most activity this week. Look at the photo above to see price ranges in other communities.
Financing used, median prices, and 2,000 SF or more
Median list price this week $484,250, last week $488,000.
Closed median price this week $472,500, last week $480,000.
Conventional financing was used to close on 165 homes this week at median price $497,000 with 28 days average market time, last week 183 homes at median price $488,000 with 25 days average market time.
Cash was used to close on 36 homes this week at median price $494,950 with 24 days average market time, last week 34 homes at median price $497,500 with 37 days average market time.
FHA financing was used to close on 19 homes this week at median price $395,000 with 29 days average market time, last week 15 homes at median price $400,000 With 27 days average market time.
VA financing was used to close on 8 homes this week at median price $430,000 with 26 days average market time, last week 6 homes at median price $468,000 with 34 days average market time.
2,000 SF or more closed on 148 homes at median price $555,250 with 31 days average market time, last week 164 homes at median price $565,000 with 29 days average market time. Minimum price this week $255,000, last week $140,000.
Over 71% of homes closed this week using conventional financing to close.
64% 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 consistent. 230 this week compared to 235 the previous week.
Aurora-36 Bolingbrook-16
Elgin-21 Naperville-27
Plainfield-30 St Charles-15
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. 2 with a kick-out clause of 72 hours and 4 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current homes. 1 with a kick-out clause of 72 hours and 2 with 48 hours.
Under contract median price this week $450,000 with 36 days average market time, last week $449,900 with 40 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 985 913 878
Totals 6200 5049 5747
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.
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. If there is still information you are looking for just let us know and we will point you in the right direction.
You can also request a home valuation, sign-up for email alerts, look for down payment assistance, and search for a home.
All data provided today was downloaded from our MLS, MRED, LLC. The data changes throughout the day.
Fox Valley area of Illinois home prices July 26th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, SRS, SRES, SFR
200 Webster St
Montgomery, IL 60538
630-503,6555 Ext 101