Fox Valley area of Illinois home prices September 6th
Fox Valley area of Illinois home prices September 6th. It is 64 degrees and partly cloudy right now. This next week we should see highs from 67-81 degrees and lows from 42-58 degrees.
New listing this week are up. 259 this week compared to 218 the previous week.
Closed listings are down. 178 this week compared to 232 the previous week.
Aurora New-22 $100,000-$695,000
Closed-16 $185,000-$920,000
Bolingbrook New-19 $286,000-$999,000
Closed-18 $300,000-$625,000
Elgin New-24 $260,000-$900,000
Closed-17 $215,000-$880,000
Geneva New-8 $550,000-$2,950,000
Closed-10 $395,000-$950,000
Montgomery New-11 $300,000-$494,900
Closed-3 $415,000-$645,000
Naperville New-44 $447,000-$1,595,990
Closed-25-$399,900-$2,700,000
Oswego New-14 $290,000-$645,635
Closed-11 $271,000-$640,000
Plainfield New-41 $299,900-$945,000
Closed-21 $365,000-$1,280,000
St Charles New-19 $299,900-$1,995,000
Closed-5 $365,000-$1,280,000
Yorkville New-11 $300,000-$599,900
Closed-2 $415,000-$470,000
See the photo above for other communities that also had activity this week and their price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $484,990, last week $471,565.
Closed median price this week $447,500, last week $471,595.
Conventional financing was used to close on 133 Homes this week at median price $450,000 with 33 days average market time, last week 171 homes at median price $499,990 with 29 days average market time.
Cash was used to close on 24 homes this week at median price $465,000 with 32 days average market time, last week 34 homes at median price $429,995 with 28 days average market time.
FHA financing was used to close on 16 homes this week at median price $384,500 with 35 days average market time, last week 19 homes at median price $337,500 with 34 days average market time.
VA financing was used to close on 5 homes this week at median price $491,000 with 35 days average market time, last week 7 homes at median price $380,000 with 16 days average market time.
2,000 SF or more I am sorry my download didn’t work out right and I didn’t notice it until it was too late. I would have had to rerun everything. Last week 140 homes at median price $560,000. Minimum price last week $275,000.
More than 74% of homes closed using conventional financing this week.
Under contract this week
Homes under contract this week are down. 166 this week compared to 203 the previous week.
Aurora-24 Elgin-21
Naperville-24 Plainfield-18
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. 3 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours and 1 with 24 hours.
Under contract median price this week $424,950 with 40 days average market time, last week $421,490 with 40 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 259 178 166
Totals 7687 6361 6941
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 so you have something to compared to.
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 find some great information about the buying and selling process at nar.realtor/the-facts. Scroll down to see 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.
Let us know if there is other information that you are looking for. We will point you in the right direction.
All data was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home price September 6th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR,AHWD, MRP, SRS, SRES, SFR
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101