Fox Valley area of Illinois home prices October 4th

Fox Valley area of Illinois home prices October 4th

   

Fox Valley area of Illinois home prices October 4th.  This next week we should see temperatures range from highs 67-84 degrees and lows from 42-60 degrees.

New listing this week are down.  205 this week compared to 264 the previous week.

Closed listings are up.  241 this week compared to 172 the previous week.

Aurora New-26 $200,000-$587,000

            Closed-35 $140,000-$740,000

Batavia New-4 $479,900-$649,900

             Closed-11 $339,900-$815,000

Bolingbrook New-14 $210,000-$699,900

                   Closed-15 $250,000-$992,582

Elgin New-16 $246,000-$975,000

         Closed-20 $236,500-$850,000

Naperville New-31 $389,900-$2,545,000

                 Closed-25 $416,000-$2,335,000

North Aurora New-10 $275,000-$515,000

                       Closed-8 $280,000-$757,810

Oswego New-19 $300,000-$1,499,000

             Closed-13 $300,000-$624,900

Plainfield New-26 $300,000-$1,200,000

                Closed-32 $214,900-$875,845

St Charles New-11 $325,000-$3,990,000

                  Closed-8 $390,316-$895,000

These are the communities with the most activity this week.  Look at photo above for other communities that had activity and their price ranges.

Financing used, median prices, and 2,000 SF or more

Median list price this week $435,000, last week $475,000

Closed median price this week $429,000, last $450,000.

Stats 10 04 25 updated_1
Stats for week ending October 4th

Conventional financing was used to close on 180 homes this week at median price $445,000 with 33 days average market time, last week 121 homes at median price $470,000 with 37 days average market time.

Conv 10 04 25 updated_1
Conventional financing used for week ending October 4th

Cash was used to close on 33 homes this week at median price $380,000 with 40 days average market time, last week 26 homes at median price $410,000 with 73 days average market time.

Cash 10 04 25 updated_1
Cash used to close for week ending October 4th

FHA financing was used to close on 20 homes at median price $359,495 with 20 days average market time, last week 19 homes at median price $380,000 with 55 days average market time.

FHA 10 04 25 updated 1
FHA financing used to close for week ending October 4th

 

VA financing was used to close on 6 homes at median price $405,000 with 35 days average market time, last week 6 homes at median price $397,000 with 45 days average market time.

VA 10 04 25 updated_1
VA financing used to close for week ending October 4th

2,000 SF or more closed on 125 homes at median price $535,000 with 36 days average market time, last week 106 homes at median price $521,250 with 54 days average market time.  Minimum price this week $280,000, last week $305,500

2000SF or more 10 04 25 updated_1
2,000 SF or more closed for week ending October 4th

Under contract this week

Fox Valley area of Illinois home prices October 4th-Under contract this week

Homes under contract this week are up.  237 this week compared to 192 the previous week.

Aurora-19                         Batavia-10

Bolingbrook-23                 Elgin-23

Naperville-28                   Oswego-12

Plaoinfield-28                   St Charles-17

Yorkville-11

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, 6 with 48 hours, and 3 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  5 with a kick-out clause of 72 hours, 3 with 48 hours, and 4 with 24 hours.

Under contract median price this week $449,900 with 44 days average market time, last week median price $448,710 with 38 days average market time.

Under contract stats updated 100425_2
Under contract stats for week ending October 4th

Over 74% of homes closed using conventional financing this week.  More than 51% of homes closed were at least 2,000 Square feet or more.

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         205      241                 237

Totals      8645   7122         7797

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 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.

Things change all of the time.  You might want to take a look at the guides and videos that talk about the process of buying and selling.  Go tonar.realtor/the-facts and scroll down to see all the information that they have there.

You can also request a home valuationsign-up for email alerts, and search for a home.

All data used was downloaded from our MLS, MRED, LLC.  It changes throughout the day.

Fox Valley are of Illinois home prices October 4th.  Have an awesome week!

Kristine Heiman, Managing Broker

ABR, SFR, SRES, SRS, MRP, AWHD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

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