Fox Valley area of Illinois home prices November 8th
Fox Valley area of Illinois home prices November 8th. It is 47 degrees and cloudy right now. This next week we should see highs from 36-62 degrees with lows from 25-46 degrees.
New listing this week are consistent. 193 this week compared to 188 the previous week.
Closed listings are down. 168 this week compared to 230 the previous week.
Aurora New-14 $239,900-$499,900
Closed-19 $202,500-$725,000
Bolingbrook New-16 $280,000-$669,000
Closed-13 $265,000-$480,900
Elgin New-21 $219,900-$699,000
Closed-16 $135,000-$735,000
Naperville New-20 $424,900-$1,999,999
Closed- 22 $385,000-$1,730,000
Oswego New-12 $320,000-$594,900
Closed-7 $199,900-$599,000
Plainfield New-30 $324,900-$850,000
Closed-19 $308,000-$1,338,712
St Charles New-10 $319,500-$1,150,000
Closed-9 $348,000-$920,000
Yorkville New-12 $399,500-$634,900
Closed-6 $275,000-$640,000
To see other communities that also had activity this week look at the photo above and their price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $449,900, last week $454,995.
Closed median price this week $438,500, last week $438,450.
Conventional financing was used to close on 115 homes this week at median price $469,900 with 46 days average market time, last week 160 homes at median price $439,990 with 38 days average market time.
Cash was used to close on 34 homes this week at median price $392,500 with 45 days average market time, last week 37 homes at median price $515,000 with 47 days average market time.
FHA financing was used to close on 12 homes this week at median price $376,500 with 12 days average market time, last week 23 homes at median price $370,000 with 44 days average market time.
VA financing was used to close on 7 homes this week at median price $428,000 with 17 days average market time, last week 10 homes at median price $396,995 with 24 days average market time.
2,000 SF or more closed on 97 homes this week at median price $529,990 with 47 days average market time, last week 139 homes at median price $555,000 with 40 days average market time. Minimum price this week $275,000, last week $220,000.
Over 68 % of homes closed this week using conventional financing and over 57% of homes were at least 2,000 SF or more that closed.
Under contract this week
Homes under contract this week are consistent. 179 this week compared to 177 the previous week.
Aurora-26 Bolingbrook-14
Elgin-11 Naperville-15
Oswego-11 Plainfield-29
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 and 2 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, 5 with 48 hours, and 1 with 24 hours. 1 that did not specify the time.
Under contract median price this week $449,900 with 48 days average market time, last week $455,000 with 52 days average market time.
2025 by the month
Month New Closed Under contract
January 585 590 652
February 609 504 590
March 785 569 746
April 856 661 818
May 1282 961 1115
June 1098 871 948
July 1278 1169 1063
August 935 858 843
September 1012 698 785
October 1040 981 991
November 193 168 179
Totals 9673 8030 8730
Check 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 with all your real estate questions. Your goal is our goal.
You can go to nar.realtor/the-facts to learn about the process of buying and selling a home. There is some great guides and videos there. You need to scroll down once you get there to see them.
You can also request a home valuation, sign-up for email alerts, down payment assistance, IHDA programs, and search for a home.
All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices November 8th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SFR, SRES, SRS
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101