Fox Valley area of Illinois home prices March 21st
Fox Valley area of Illinois home prices March 21st.
It is 63 degrees and sunny right now. This next week we should see Highs from 46-78 degrees and lows from 27-47 degrees.
New listings this week 215 and closed listings this week 156.
Aurora New-38 $150,000-$999,700
Closed-24 $115,000-$815,000
Bolingbrook New-17 $215,000-$899,000
Closed-7 $240,000-$685,000
Elgin New-19 $248,000-$730,000
Closed-14 $149,000-$741,650
Naperville New-23 $430,000-$965,000
Closed-28 $435,000-$2.088,500
Oswego New-10 $350,000-$1,200,000
Closed-9 $399,990-$655,000
Plainfield New-28 $280,000-$809,000
Closed-17 $274,000-$700,730
St Charles New-14 $349,900-$1,200,000
Closed-6 $215,000-$1,395,000
Sycamore New-2 $462,000-$479,900
Closed-11 $150,000-$538,000
Yorkville New-11 $280,000-$750,000
Closed-6 $400,000-$595,000
Check the photo above of other communities that also had activity this week and their price ranges.
If you are having a hard time finding your price range in the community you would like to move to maybe consider looking a little outside of that area.
Financing used, median prices, and 2,000 SF or more
Median list price this week $480,000 and median closed price this week $482,500 with 33 days average market time.
Conventional financing was used to close on 121 homes this week at median price $480,000 with 33 days average market time.
Cash was used to close on 21 homes this week at median price $525,000 with 27 days average market time.
FHA financing was used to close on 10 homes this week at median price $392,245 with 54 days average market time.
VA financing was used to close on 2 homes this week at median price $487,900 with 40 days average market time.
2,000 SF or more closed on 98 homes this week at median price $572,500 with 40 days average market time.
Minimum price this week $225,000.
Over 77% of homes closed this week used conventional financing and over 62% of homes closed this week were at least 2,000 SF or more.
Under contract this week
Aurora-32 Bolingbrook-13
Elgin-26 Naperville-33
Oswego-12 Plainfield-37
St Charles-11
No short sales were accepted 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.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 4 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.
11 contingent on a home sale/close out of 156 is not very many.
2026 by the month
Month New Closed Under contract
January 526 416 392
February 668 477 673
March 676 421 647
Totals 1870 1314 1712
We are happy to see more listings coming on the market but the closed column is the most important one to keep and eye on. Some homes going under contract come back on the market for many different reasons.
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.
The first thing to do when thinking about buying a home is to talk to a loan officer to get pre approved. You will need a letter from them stating what you qualify for to submit an offer. So get your bank statements, tax returns, pay stubs and all financial information together to submit to the lender.
Find out about the process to buy or sell by going to nar.realtor/the-facts and scroll down to see the guides and videos. Let us know what questions you have.
You can also go to request a home valuation if you want to see what your home is worth in today’s market. Fill out the form and give us a little information and we will get back to you real soon.
Sign-up for email alerts if you want to see when a property hits the market with your criteria. Search for a home anytime.
Illinois has a program that might help you with closing costs and down payment. Go to IHDA programs.
All data provided today was downloaded this morning from our MLS, MRED,LLC. It changes throughout the day.
Fox Valley area of Illinois home prices March 21st.
Have an awesome week! Enjoy this great weather.
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101