Fox Valley area of Illinois home prices July 4th
Fox Valley area of Illinois home prices July 4th.
It is 77 degrees and cloudy right now. This next week we should see highs from 83-89 degrees and lows from 58-69 degrees.
There was 191 new listings this week and 281 closed.
Here are the communities with the most activity.
Aurora New-21 $289,900-$709,378
Closed-31 $218,000-$1,020,000
Batavia New-3 $409,900-$799,000
Closed-11 $320,000-$800,000
Bolingbrook New-7 $300,000-$649,900
Closed-16 $309,000-$589,000
Elgin New-24 $199,000-$849,900
Closed-37 $180,000-$763,990
Naperville New-30 $450,000-$1,950,000
Closed-39 $436,500-$1,785,500
Oswego New-16 $385,000-$1,100,000
Closed-18 $354,000-$850,000
Plainfield New-31 $225,000-$899,900
Closed-38 $358,440-$679,990
St Charles New-16 $360,000-$4,000,000
Closed-20 $386,500-$1,350,000
Take a 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 $550,000. Closed median price this week $489,990.
Conventional financing was used to close on 205 homes this week at median price $495,000 with 18 average days on market.
Cash was used to close on 39 homes this week at median price $575,000 with 14 average days on market.
FHA financing was used to close on 23 homes this week at median price $389,900 with 33 days average days on market.
VA financing was used to close on 13 homes this week at median price $509,000 with 22 days average days on market.
2,000 SF or more closed on 182 homes this week at median price $597,450 with 20 average days on market. Minimum price this week $325,000.
Conventional financing continues to be the best choice to get to closing with just under 73% and over 64% of homes closed were at least 2,000 SF or more.
Under contract this week
243 homes went under contract this week.
Here are the communities seller’s accepted the most contracts.
Aurora-32 Bolingbrook-11
Elgin-22 Naperville-27
Oswego-18 Plainfield-26
St Charles-16
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, 5 with 48 hours, and 2 with 24 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours and 4 with 48 hours.
16 total out of 243 is not a lot. It is hard to get contingencies accepted.
Under contract this week median price $465,000 with 25 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 191 281 243
Totals 5857 4481 5261
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.
You can check out some great information about the buying and selling process here. Scroll down to see all the guides and videos. Let us know what questions you still have.
Thinking about buying a home? The first step is to get all your financial information together and contact a loan officer to get pre approved.
The next step is to sign a buyer representation agreement. This has to be in place before we can schedule any homes to go and see.
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. We will get back to you and let you know an estimate of what it might be worth in today’s market. We will also give you and estimate of net proceeds so you have an idea of what you might walk away with.
Sign-up for email alerts with your criteria and get listings sent to you as they hit the market.
Search for a home anytime here.
All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices July 4th.
Have an awesome week and a great 4th of July!
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101