Fox Valley area of Illinois home prices May 10th
Fox Valley area of Illinois home prices May 10th. 69 degrees and sunny and should reach 82 degrees today.
Highs for this next week should range from 73-86 degrees and lows from 40-63 degrees.
You might need to adjust where you are looking to find the price range you are looking for.
New listings this week are up. 251 this week compared t 230 the previous week.
Closed listings this week are down. 158 this week compared to 233 the previous week.
Aurora New-17 $229,000-$700,000
Closed-22 $250,000-$1,028,377
Batavia New-17 $325,000-$1,489,900
Closed-6 $295,000-$630,000
Bolingbrook New-18 $225,000-$995,000
Closed-10 $250,999-$470,000
Elgin New-26 $239,900-$725,010
Closed-12 $260,000-$705,000
Naperville New-50 $350,000-$3,799,000
Closed-24 $379,000-$1,750,000
Oswego New-12 $269,890-$650,000
Closed-6 $265,000-$475,500
Plainfield New-33 $329,900-$710,000
Closed-16 $272,000-$775,000
St Charles New-16 $339,900-$1,749,000
Closed-8 $414,500-$1,535,000
Take a look at Naperville with 50 new listings this week! Buyer’s definitely had more choices.
Other communities had activity this week. Look at the photo above to their price ranges. We just highlighted the ones with the most activity this week.
Financing used, median prices, and 2,000 SF or more
Median list price this week $480,000, last week $469,900.
Closed median price this week $458,495, last week $435,000.
Conventional financing was used to close on 118 homes this week at median price $465,000 with 30 days average market time, last week 167 homes at median price $469,900 with 25 days average market time.
Cash was used to close on 19 homes this week at median price $524,900 with 14 days average market time, last week 35 homes at median price $452,000 with 63 days average market time.
FHA financing was used to close on 15 homes this week at median price $370,000 with 43 days average market time, last week 21 homes at median price $330,000 with 48 days average market time.
VA financing was used to close on 5 homes this week at median price $470,000 with 26 days average market time, last week 11 homes at median price $416,500 with 10 days average market time.
2,000 SF or more closed on 96 homes this week at median price $579,000 with 33 days average market time, last week 133 homes at median price $559,900 with 31 days average market time. Minimum price this week $272,000, last week $203,950.
74% of homes closed this week using conventional financing. Median price for new and closed listings are up this week.
Under contract this week
Homes that went under contract this week are consistent. 233 this week compared to 230 the previous week.
Aurora-31 Bolingbrook-17
Elgin-22 Naperville-46
Oswego-11 Plainfield-27
St Charles-10
There was 1 short sale accepted by a seller this week. It was in Plainfield. Now it will be submitted to the lender to see if they will also accept.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 2 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. 2 with a kick-out clause of 72 hours and 1 with 24 hours.
Under contract median price this week $450,000 with 33 days average market time, last week $437,450 with 33 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 481 391 463
Totals 3316 2695 3269
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 ext 101. Your goal is our goal.
Are you looking for information about the process whether buying or selling? Go to nar.realtor/the-facts. You can also 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 May 10th. Have an awesome week!
Kristine Heiman, Managing Broker
SFR, SRS, SRES, AHWD
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101