Fox Valley area of Illinois home prices March 28th
Fox Valley area of Illinois home prices March 28th.
It is sunny and 39 degrees right now. This next week we should see highs from 43-77 degrees and lows from 34-59 degrees.
New listings this week 236 and closed listings 165.
Aurora New-42 $169,900-$825,000
Closed-26 $180,000-$559,000
Bolingbrook New-9 $295,700-$619,900
Closed-12 $339,900-$585,000
Elgin New-23 $259,000-$799,900
Closed-11 $267,000-$730,000
Naperville New-26 $395,000-$1,975,000
Closed-20 $20 $335,000-$2,530,000
Oswego New-24 $265,000-$749,947
Closed-15 $325,000-$529,990
Plainfield New-20 $364,998-$749,999
Closed-29 $245,000-$675,000
St Charles New-12 $329,000-$2,590,000
Closed-2 $500,000-$1,640,000
Yorkville New-10 $439,990-$1,250,000
Closed-1 $345,000
Other communities also 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 $500,000, and median closed price this week $465,000 with 50 days average market time.
Conventional financing used to close on 111 homes this week at median price $475,406 with 27 days average market time.
Cash was used to close on 31 homes this week at median price $479,000 with 29 days average market time.
FHA financing was used to close on 15 homes at median price $365,000 with 32 days average market time.
VA financing was used to close on 8 homes this week at median price $442,495 with 44 days average market time.
2,000 SF or more closed on 98 homes this week at median price $539,900 with 34 days average market time. Minimum price this week $300,000.
Over 67% of homes closed this week using Conventional financing and over 59% of homes closed this week were at least 2,000 SF or more.
Under contract this week
216 homes went under contract this week
Aurora-43 Bolingbrook-17
Elgin-28 Naperville-14
Oswego-14 Plainfield-18
2 short sales were accepted by seller’s this week. 1 was in Elgin and 1 in Montgomery. Now they will be submitted to the lender to see if they will also accept.
Seller’s accepted contracts that are contingent on the buyer close on their current home. 1 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 home. 3 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.
Under contract median price this week $425,000 with 23 days average market time.
2026 by the month
Month New Closed Under contract
January 526 416 392
February 668 477 673
March 912 586 863
I will do the end of the month look back at 2025 and 2024 next week.
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
The first step in looking for a home to purchase is to talk to a loan officer and get pre approved. You will need tax returns and all your financial information.
Take a look at guides and videos and scroll down to see all the information about buying and selling a home.
Program that might help with closing costs or down payment.
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All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices March 28th.
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