Fox Valley area of Illinois home prices September 27th
Fox Valley area of Illinois home prices September 27th. It is 87 degrees and sunny right now. This next week we should see highs between 76-89 degrees and lows between 52-60 degrees.
New listings are up. 264 this week compared to 232 the previous week.
Closed listings are down slightly. 172 this week compared to 183 the previous week.
Aurora New-38 $224,900-$606,990
Closed-18 $218,000-$1,390,000
Batavia New-11 $299,900-$696,384
Closed-9 $295,000-$1,285,000
Bolingbrook New-16 $284,900-$950,000
Closed-12 $370,000-$645,000
Elgin New-22 $224,900-$879,000
Closed-19 $290,000-$720,000
Geneva New-10 $449,900-$1,350,000
Closed-3 $500,000-$642,500
Naperville New-38 $409,000-$2,995,000
Closed-20 $390,000-$1,299,990
Oswego New-16 $437,000-$700,640
Closed-12 $336,000-$612,997
Plainfield New-46 $289,900-$895,000
Closed-22 $305,500-$1,590,975
St Charles New-16 $225,000-$3,650,000
Closed-14 $330,000-$1,265,000
These are communities with the most activity this week. Take a 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 $475,000, last week $474,000
Closed median price this week $450,000, last week $440,000.
Conventional financing was used to close on 121 homes this week at median price $470,000 with 37 days average market time, last week 140 homes at median price $474,250 with 42 days average market time.
Cash was used to close on 26 homes this week at median price $410,000 with 73 days average market time, last week 19 homes at median price $390,000 with 30 days average market time.
FHA financing was used to close on 19 homes this week at median price $380,000 with 55 days average market time, last week 17 homes at median price $345,000 with 47 days average market time.
VA financing was used to close on 6 homes this week at median price $397,000 with 45 days average market time, last week 5 homes at median price $400,000 with 39 days average market time.
A little over 70% of buyer’s used conventional financing to purchase.
Over 61% of homes closed this week were at least 2,000 SF or more.
Under contract this week
Homes under contract are down slightly. 192 this week compared to 213 the previous week.
Aurora-28 Bolingbrook-16
Elgin-12 Naperville-24
Plainfield-24 St Charles-13
These are the communities with the most activity. Check photo above to see what happened in other communities.
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. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 2 with 24 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 and 2 with 48 hours.
Under contract median price this week $448,710 with 38 days average market time, last week $444,900 with 41 days average market time.
2025 by the month and a look back at 2024 and 2023
2025
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
Totals 8440 6881 7560
2024
January 576 523 599
February 637 416 691
March 674 612 792
April 800 688 801
May 1077 1002 1075
June 1009 906 918
July 1173 1050 1094
August 883 858 725
September 849 734 777
Totals 7678 6789 7472
2023
January 483 326 470
February 630 526 789
March 555 558 726
April 710 617 755
May 735 603 816
June 1030 1059 926
July 765 745 805
August 869 988 915
September 684 621 623
Totals 6461 6043 6825
2025 is definitely better than 2023.
We are only 92 closing more this year than 2024. New listings are 762 better than last year.
Check back with us every Saturday for the real estate 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.
Buyer’s and seller’s can get some great information by going to nar.realtor/the-facts and scroll down to the guides and videos there.
You can also go to request a home valuation,sign-up for email alerts. down payment assistance, and search for a home.
All data used today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices September 27th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, SRS, SRES, MRP, SFR
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101