Fox Valley area of Illinois home prices March 14th
Fox Valley area of Illinois home prices March 14th.
It is 38 degreesand snowing right now. This next week we should see highs from 25-62 degrees and lows from 12-42 degrees.
227 new listings this week and 125 closed listings. Here are the communities with the most activity this week.
Aurora New-28 $180,000-$1,199,900
Closed-14 $115,000-$495,000
Bolingbrook New-11 $225,000-$1,188,000
Closed-9 $250,000-$516,000
Elgin New-20 $279,900-$1,149,000
Closed-10 $255,000-$579,747
Naperville New-32 $425,000-$2,545,000
Closed-15 $446,000-$4,500,000
Oswego New-14 $350,000-$709,040
Closed-8 $315,000-$555,000
Plainfield New-27 $299,000-$969,000
Closed-15 $335,000-$767,606
Sycamore New-10 $159,999-$949,000
Closed-4 $205,000-$490,000
West Chicago New-10 $269,900-$1,725,000
Closed-3 $233,600-$775,000
Other communities had activity this week. Look at photo above to see their price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $475,000 and median closed price this week $454,990.
Conventional financing was used to close on 89 home this week at median price $469,900 with 59 average days on market.
Cash was used to close on 23 homes this week at median price $370,000 with 38 average days on market.
FHA financing was used to close on 8 homes this week at median price $389,950 with 123 average days on market.
VA financing was used to close on 5 homes this week at median price $377,400 with 68 average days on market.
2,000 SF or more closed on 16 homes this week at median price $442,450 with 57 average days on market. Minimum price this week $344,900.
Over 71% of homes closed this week used conventional financing to close and over 87% of homes closed this week were less than 2,000 SF.
Under contract this week
219 homes went under contract this week.
Aurora-29 Elgin-26
Naperville-37 Oswego-13
Plainfield-18 St Charles-12
Yorkville-10
No short sales were accepted this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 each with 72, 48 and 24 hour kick-out clause.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 2 with 48 hours, 1 with 24 hours and 1 we don’t know.
Under contract median price $489,000 with 49 average days on market.
2026 by the month
Month New Close Under contract
January 526 416 392
February 668 477 673
March 461 265 403
It looks like things are picking up slightly. The most important column to watch is the closed column. Next is new listings. Under contract can be deceiving because not everything closes. Some homes are coming back on the market.
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.
If you are a buyer or seller looking for information about the process go to nar.realtor/the-facts and scroll down to see the guides and videos.
To see what your home is worth in today’s market go to request a home valuation and fill out the form.
Email alerts is great if you don’t want to miss a listing as it hits the market. Just choose the criteria you are looking for.
You can search for a home anytime.
You might want to check out IHDA programs to see if there is any help you might want to try for.
All data was downloaded this morning from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices March 14th.
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