Fox Valley area of Illinois home prices September 20th
Fox Valley area of Illinois home prices September 20th. It is 78 degrees right now and cloudy. This next week we should see highs between 71-80 degrees and lows between 54-65 degrees.
New listings are down. 232 this week compared to 257 the previous week.
Closed listings are up. 183 this week compared to 165 the previous week.
Aurora New-17 $204,500-$882,900
Closed-20 $205,000-$730,500
Bolingbrook New-19 $290,000-$750,000
Closed-14 $260,000-$640,000
Elgin New-23 $214,900-$925,000
Closed-18 $210,000-$860,000
Naperville New-40 $365,000-$3,499,000
Closed-15 $465,000-$2,432,000
Oswego New-12 $410,000-$699,000
Closed-9 $298,500-$825,000
Plainfield New-29 $240,000-$735,000
Closed-28 $349,000-$715,000
St Charles New-13 $310,000-$2,700,000
Closed-15 $280,000-$935,000
Yorkville New-12 $339,000-$649,455
Closed-3 $365,000-$454,000
Other communities also had activity this week. Look at the photo above to see the price ranges.
Financing used, median prices, and 2,000 SF or more
Median list price this week $474,000, last week $450,000.
Closed median price this week $440,000, last week $445,000.
Conventional financing was used to close on 140 homes this week at median price $474,250 with 42 days average market time, last week 119 homes at median price $460,000 with 30 days average market time.
Cash was used to close on 19 homes this week at median price $390,000 with 30 days average market time, last week 24 homes at median price $437,500 with 27 days average market time.
FHA financing was used to close on 17 homes this week at median price $345,000 with 47 days average market time, last week 15 homes at median price $400,000 with 39 days average market time.
VA financing was used to close on 5 homes this week at median price $400,000 with 39 days average market time, last week 7 homes at median price $439,000 with 30 days average market time.
2,000 SF or more closed on 109 homes this week at median price $527,000 with 43 days average market time, last week 96 homes at median price $528,000 with 35 days average market time. Minimum price this week $295,000, last week $293,000.
76.5% of homes closed this week using conventional financing.
59.5% of the homes closed this week were at least 2,000 SF or more.
There were 2 not counted this week. They must of been a different type of financing like a 203k loan where they borrowed money to fix up the home too.
Under contract this week
Homes that went under contract were consistent. 213 this week compared to 214 the previous week.
Aurora-29 Bolingbrook-18
Elgin-24 Naperville-25
Oswego-11 Plainfield-28
St Charles-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. 1 with a kick-out clause of 72 hours, 2 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 72 hours, 4 with 48 hours, and 1 with 24 hours.
Under contract median price this week $444,900 with 41 days average market time, last week $449,950 with 42 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 748 526 593
Totals 8176 6709 7368
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 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.
If you are looking for information about the buying and selling process go to nar.realtor/the-facts and scroll down to the guides and videos for some great information.
You can also go torequest a home valuation, sign-up for email alerts, down payment assistance, and search for a home.
Is there any other information you are looking for? Please let us know and we will point you in the right direction.
All data downloaded today was from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices September 20th. 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
