Fox Valley area of Illinois home prices October 11th
Fox Valley area of Illinois home prices October 11th. It is 66 degrees right now and sunny. This next week we should see highs between 63-73 degrees and lows between 46-57 degrees.
New listings this week are up. 237 this week compared to 205 the previous week.
Closed listings are down. 151 this week compared to 241 the previous week.
Aurora New-25 $124,900-$599,900
Closed-16 $160,000-$865,000
Bolingbrook New-18 $219,900-$750,000
Closed-13 $195,000-$965,000
Elgin New-25 $165,000-$714,000
Closed-14 $215,000-$995,000
Geneva New-10 $390,000-$1,050,000
Closed-7 $400,000-$875,000
Naperville New-32 $399,900-$2,599,900
Closed-17 $360,000-$1,400,000
Oswego New-15 $199,900-$1,525,000
Closed-$7 $336,000-$596,790
Plainfield New-36 $329,900-$915,000
Closed-19 $273,500-$772,965
St Charles New-13 $299,000-$1,250,000
Closed-10 $393,000-$2,900,000
These are the communities with the most activity this week. Look at the photo above to see activity and price ranges in other communities that also saw activity this week.
Financing used, median prices, and 2,000 SF or more
Median list price this week $450,000, last week $435,000.
Closed median price this week $442,000, last week $424,900.
Conventional financing was used to close on 102 homes this week at median price $436,000 with 34 days average market time, last week 180 homes at median price $445,000 with 33 days average market time.
Cash was used to close on 26 homes this week at median price $520,000 with 22 days average market time, last week 33 homes at median price $380,000 with 40 days average market time.
FHA financing was used to close on 8 homes this week at median price $332,500 with 17 days average market time, last week 20 homes at median price $359,495 with 20 days average market time.
VA financing was used to close on 12 homes this week at median price $437,500 with 45 days average market time, last week 6 homes at median price $405,000 with 35 days average market time.
2,000 SF or more closed on 90 homes this week at median price $571,500 with 38 days average market time, last week 125 homes at median price $535,000 with 36 days average market time. Minimum price this week $250,000, last week $280,000.
Over 67% of homes closed this week used conventional financing. 59.6% of homes closed this week were at least 2,000 SF or more.
3 homes closed this week did not use conventional, cash, FHA or VA financing to close. They chose a different way. Maybe a rehab loan.
Under contract this week
Homes that went under contract this week are down slightly. 217 this week compared to 237 the previous week.
Aurora-37 Bolingbrook-13
Elgin-19 Naperville-27
Oswego-11 Plainfield-29
St Charles-13
No short sales were accepted 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 4 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on the their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 2 with 24 hours.
Under contract median price this week $445,000 with 43 days average market time, last week $449,900 with 44 days average market time.
Only 8.6% of homes under contract this week had a closing/sell contingency.
2025 by the month
Month New Closing 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 442 392 454
Totals 8,882 7,273 8,014
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.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
Real estate is constantly changing. Go to nar.realtor/the-facts and scroll down to see guides and videos for buying and selling information.
You can also go to request a home valuation, sign-up for email alerts, down payment assistance, and search for a home.
All data provided today is downloaded from our MLS, MRED, LLC. It changes constantly throughout the day.
Fox Valley area of Illinois home prices October 11th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, SFR, AHWD, SRS, SRES, MRP, C2EX
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101