Fox Valley area of Illinois home prices May 16th
Fox Valley area of Illinois home prices May 16th.
It is 68 degrees and sunny right now. This next week we should see highs from 60-87 degrees and lows from 44-67 degrees.
320 new listings this week and 182 closed listings.
Aurora New-30 $255,000-$719,000
Closed-32 $172,000-$605,000
Batavia New-12 $310,000-$1,250,000
Closed-3 $459,900-$586,421
Bolingbrook New-19 $275,000-$1,599,950
Closed-15 $230,000-$620,000
Elgin New-25 $240,000-$710,000
Closed-18 $245,000-$663,990
Geneva New-7 $325,000-$975,000
Closed-10 $555,000-$950,000
Naperville New-51 $414,900-$2,250,000
Closed-21 $365,000-$1,900,000
Oswego New-18 $349,900-$639,900
Closed-7 $360,500-$692,880
Plainfield New-56 $277,000-$2,000,000
Closed-17 $330,000-$790,000
St Charles New-20 $394,500-$4,995,000
Closed-10 $420,000-$2,200,000
Yorkville New-15 $399,900-$875,000
Closed-3 $398,000-$574,000
This is the price ranges in the communities with the most activity this week. Look at photo above to see other communities and their price ranges that also had activity.
Financing used, median prices, and 2,000 SF or more
Median list price this week $516,495 and median closed price $439,500.
Conventional financing was used to close on 126 homes this week at median price $466,450 with 22 average days on market.
Cash was used to close on 30 homes this week at median price $451,368 with 25 average days on market.
FHA financing was used to close on 18 homes this week at median price $350,000 with 18 average days on market.
VA financing was used to close on 8 homes this week at median price $394,450 with 14 average days on market.
Homes that were at least 2,000 SF or more closed on 100 homes this week at median price $569,993 with 26 average days on market. Minimum price this week $365,000.
Slightly under 70% of homes closed this week used conventional financing and slightly under 55% of homes closed were at least 2,000 SF or more.
If you click on the photos above you can also see how many beds, baths, acreage, year built, and price per square foot minimum, maximum, average and median.
Under contract this week
214 homes went under contract this week.
Aurora-31 Bolingbrook-15
Elgin-17 Naperville-28
Oswego-12 Plainfield-23
St Charles-15
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. 2 with a kick-out clause of 72 hours, 3 with 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, 2 with 48 hours and 2 with 24 hours.
Under contract median price this week $467,000 with 23 average days on market.
2026 by the month
Month New Closed Under contract
January 526 416 392
February 668 477 673
March 1076 778 1086
April 1143 791 914
May 588 361 468
Totals 4001 2823 3533
It is great to see new listings steadily increasing.
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.
At the end of the 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.
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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 May 16th.
Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101