Fox Valley area of Illinois home prices May 2nd
Fox Valley area of Illinois home prices May 2nd.
It is 50 degrees and sunny out right now. This next week we should see highs from 53-75 degrees and lows from 38-49 degrees.
New listing this week 293 and closed listings 247.
Aurora New-41 $245,000-$830,000
Closed-35 $190,000-$637,992
Batavia New-4 $332,000-$775,000
Closed-12 $380,000-$900, 000
Bolingbrook New-12 $265,000-$585,000
Closed-16 $255,000-$815,000
Elgin New-28 $99,000-$2,250,000
Closed-25 $250,000-$710,000
Geneva New-11 $299,900-$1,600,000
Closed-12 $390 000-$1,165,000
Naperville New-48 $400,000-$2,125,000
Closed-23 $400,000-$1,450,000
Oswego New-12 $285,000-$1,499,000
Closed-15 $325,000-$625,000
Plainfield New-47 $250,000-$1,250,000
Closed-26 $283,000-$735,000
St Charles New-21 $375,000-$2,200,000
Closed-10 $365,000-1,415,000
Yorkville New-14 $429,000-$1,499,999
Closed-14 $313,000-$699,900
Other communities also had activity this week. Look at photo above to see those communities and their price ranges.
Finances used, median prices, and 2,000 SF or more
Median list price this week $500,000 and median closed price $460,000.
Conventional financing was used to close on 188 homes at median price $474,950 with 18 average days on market.
Cash was used to close on 30 homes this week at median price $507,450 with 19 average days on market.
FHA financing was used to close on 20 homes this week at median price $387,450 with 18 average days on market.
VA financing was used to close on 7 homes this week at median price $480,000 with 11 average days on market.
2,000 SF or more closed on 138 homes this week at median price $575,000 with 16 average days on market. Minimum price this week $299,900.
A little over 76% of homes closed this week used conventional financing and almost 56% of homes were at least 2,000 SF or more.
Under contract this week
254 homes went under contract this week.
Aurora-35 Bolingbrook-17
Elgin-18 Geneva-12
Montgomery-14 Naperville-29
Oswego-17 Plainfield-31
St Charles-11 Yorkville-15
These are the communities with the most activity this week. Look at photo above to see other communities that also had seller’s accept contracts.
2 short sales were accepted by seller’s this week. 1 in Plainfield and 1 in Sycamore. 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 closing on their current home. 2 with a kick-out clause of 72 hours and 2 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 6 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.
Under contract this week median price $450,000 with 21 average days on market.
2026 by the month and a look back at 2025 and 2024
2026
Month New Closed Under contract
January 526 416 392
February 668 477 673
March 1076 778 1086
April 1143 791 914
Totals 3413 2462 3065
2025
January 585 590 652
February 609 504 590
March 785 569 746
April 856 661 818
Totals 2835 2324 2806
2024
January 576 523 599
February 637 416 691
March 674 612 792
April 800 688 801
Totals 2687 2239 2883
You can see there has been more listings this year but only 138 more closed.
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 when starting to look for a home is to contact a loan officer and give them all your financial information so they can pre approve you. You will need a letter from them to submit an offer. Seller’s need to see that you are qualified before they will accept an offer.
We will need to have a discussion about brokerage fees and have you sign a form spelling it out.
You can go here and scroll down to see all the guides and videos explaining the process to buy and sell a home. Let us know what questions you still have.
If you would like to have an idea of what your home might sell for in today’s market fill out this form and give us a little information about your home and what you have updated.
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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 2nd.
Kristine Heiman, Managing Broker
ABR, AHWD, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101