Fox Valley area of Illinois home prices June 14th
Fox Valley area of Illinois home prices June 14th. Gorgeous sunny day today! Right now it is 76 degrees. Highs for this week should be between 79-88 degrees with lows from 58-70 degrees.
New listings this week are up slightly. 284 this week compared to 271 the previous week.
Closed listings are down. 196 this week compared to 225 the previous week.
Aurora New-28 $219,900-$990,000
Closed-25 $160,000-$793,000
Batavia New-9 $270,000-$789,000
Closed-12 $274,900-$1,092,500
Bolingbrook New-21 $225,000-$907,949
Closed-18 $300,000-$745,000
Elgin New-24 $270,000-$667,990
Closed-22 $185,000-$610,000
Geneva New-12 $379,900-$1,998,000
Closed-8 $395,000-$905,000
Naperville New-51 $350,000-$2,900,000
Closed-32 $305,000-$3,00,000
Oswego New-17 $305,000-$639,990
Closed-7 $325,000-$555,000
Plainfield New-38 $290,000-$1,625,522
Closed-15 $263,450-$641,900
South Elgin New-12 $225,000-$850,000
Closed-5 $375,000-$582,360
St Charles New-18 $342,000-$2,549,000
Closed-10 $359,000-$785,000
Yorkville New-10 $424,900-$1,299,990
Closed-8 $375,000-$561,000
These are the communities that had 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 in the Fox Valley area of Illinois $475,000, last week $486.250.
Closed median price this week $454,675, last week $460,000.
Conventional financing was used to close on 146 homes this week at median price $467,500 with 27 days average market time, last week 169 homes at median price $490,000 with 27 days average market time.
Cash was used to close on 26 homes this week at median price $442,000 with 94 days average market time, last week 29 homes at median price $495,000 with 32 days average market time.
FHA financing was used to close on 12 homes this week at median price $357,500 with 53 days average market time, last week 16 homes at median price $384,500 with 37 days average market time.
VA financing was used to close on 10 homes this week at median price $418,000 with 12 days average market time, last week 11 homes at median price 436,500 with 21 days average market time.
2,000 SF or more closed on 117 homes at median price $550,000 with 35 days average market time, last week 142 homes at median price $556,540 with 32 days average market time. Minimum price this week $217,500, last week $262,000.
Over 74% of homes closed using conventional financing this week. Almost 60% of homes close were at least 2,000 SF or more.
Under contract this week
Homes that went under contract this week are consistent. 251 this week compared to 244 the previous week.
Aurora-34 Bolingbrook-12
Elgin-23 Geneva-11
Naperville-36 Oswego-14
Plainfield-27 St Charles-16
Yorkville-14
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. 3 with a kick-out clause of 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, 1 with 48 hours, and 1 with 24 hours.
7 homes out of 251 that went under contract is not very many. It is still hard to get one through with a home contingency.
Under contract median price this week $439,900 with 30 days average market time, last week $465,000 with 28 days average market time.
2025 by the month
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 551 407 495
Totals 4668 3672 4416
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 your real estate questions. Your goal is our goal.
If you are thinking about buying or selling a home you can get some great information about the process from the guides and videos at nar.realtor/the-facts. Please scroll down to see all the information available.
You can also go to request a home valuation, sign-up for email alerts, down payment assistance, and search 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 June 14th. Have an awesome week!
Kristine Heiman, Managing Broker
SFR, SRS, SRES, AHWD
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101