Fox Valley area of Illinois home prices May 16th

Fox Valley area of Illinois home prices May 16th.

It is 68 degrees and sunny right now. This next week we should see highs from 60-87 degrees and lows from 44-67 degrees.

320 new listings this week and 182 closed listings.

Aurora New-30 $255,000-$719,000

Closed-32 $172,000-$605,000

Batavia New-12 $310,000-$1,250,000

Closed-3 $459,900-$586,421

Bolingbrook New-19 $275,000-$1,599,950

Closed-15 $230,000-$620,000

Elgin New-25 $240,000-$710,000

Closed-18 $245,000-$663,990

Geneva New-7 $325,000-$975,000

Closed-10 $555,000-$950,000

Naperville New-51 $414,900-$2,250,000

Closed-21 $365,000-$1,900,000

Oswego New-18 $349,900-$639,900

Closed-7 $360,500-$692,880

Plainfield New-56 $277,000-$2,000,000

Closed-17 $330,000-$790,000

St Charles New-20 $394,500-$4,995,000

Closed-10 $420,000-$2,200,000

Yorkville New-15 $399,900-$875,000

Closed-3 $398,000-$574,000

This is the price ranges in the communities with the most activity this week. Look at photo above to see other communities and their price ranges that also had activity.

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

Median list price this week $516,495 and median closed price $439,500.

Stats 051626 — Stats for week ending May 16th

Conventional financing was used to close on 126 homes this week at median price $466,450 with 22 average days on market.

Conv 051626 — Conventional financing used to close for week ending May 16th

Cash was used to close on 30 homes this week at median price $451,368 with 25 average days on market.

Cash 051626 — Cash used to close for week ending May 16th

FHA financing was used to close on 18 homes this week at median price $350,000 with 18 average days on market.

FHA 051626 — FHA financing used to close for week ending May 16th

VA financing was used to close on 8 homes this week at median price $394,450 with 14 average days on market.

VA 051626 — VA financing use to close for week ending May 16th

Homes that were at least 2,000 SF or more closed on 100 homes this week at median price $569,993 with 26 average days on market. Minimum price this week $365,000.

2000 SF or more 051626 — 2,000 SF or more closed for week ending May 16th

Slightly under 70% of homes closed this week used conventional financing and slightly under 55% of homes closed were at least 2,000 SF or more.

If you click on the photos above you can also see how many beds, baths, acreage, year built, and price per square foot minimum, maximum, average and median.

Under contract this week

214 homes went under contract this week.

Aurora-31 Bolingbrook-15

Elgin-17 Naperville-28

Oswego-12 Plainfield-23

St Charles-15

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, 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 72 hours, 2 with 48 hours and 2 with 24 hours.

Under contract median price this week $467,000 with 23 average days on market.

Under contract stats 051626 — Under contract stats for week ending May 16th

2026 by the month

Month New Closed Under contract

January 526 416 392

February 668 477 673

March 1076 778 1086

April 1143 791 914

May 588 361 468

Totals 4001 2823 3533

It is great to see new listings steadily increasing.

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 also take a look back at 2025 and 2024 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.

Starting to look for a home? You need to first contact a loan officer to get pre approved. Gather all of your financial information. After you are finished then you can start to see homes.

Learn about the buying and selling process by going here. Scroll down to see all of the guides and videos explaining the process. If you still have questions please let us know.

Get an estimate of what your home might be worth in today’s market. Please fill out this form and tell us a little bit about your home and any updates you have completed. We will contact you and set something up.

Sign-up for email alerts to get listings with your criteria as soon as they hit the market.

Search for a home anytime here.

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

Fox Valley area of Illinois home prices May 16th.

Have an awesome week!

Kristine Heiman, Managing Broker

ABR, AHWD, SFR, SRS, SRES

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley area of Illinois home prices January 25th

Fox Valley area of Illinois home prices January 25th. It is a gorgeous sunny day today. 39 with highs this next week from 29-42 and lows from 14-34.

New listings this week are down. 103 this week compared to 138 the previous week.

Closed listing are down slightly. 96 this week compared to 109 the previous week.

See the communities this week with the most activity and their price ranges.

Aurora New-14 $199,900-$629,000

Closed-10 $145,000-$583,702

Elgin New-12 $280,000-$769,760

Closed-11 $255,000-$550,000

Naperville New-17 $415,000-$2,999,000

Closed-5 $435,495-$1,025,000

Plainfield New-18 $280,000-$665,000

Closed-14 $311,000-$595,000

Photo above shows other communities that also had activity this week and their price ranges.

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

Median list price this week $436,610, last week $429,900.

Closed median price this week $420,000, last week $424,786.

Stats 012525 — Stats for week ending January 25th

Conventional financing was used to close on 63 homes this week at median price $469,150 with 52 days average market time, last week 74 homes at median price $462,500 with 41 days average market time.

Conv 012525 — Conventional financing used to close for week ending January 25th

Cash was used to close on 23 homes this week at median price $410,000 with 79 days average market time, last week 18 homes at median price $307,500 with 38 days average market time.

Cash 012525 — Cash used to close for week ending January 25th

FHA financing was used to close on 10 homes this week at median price $314,950 with 108 days average market time, last week 13 homes at median price $350,000 with 79 days average market time.

FHA 012525 — FHA financing used to close for week ending January 25th

VA financing was used to close on 1 home this week at $365,500 with 46 days average market time, last week 3 homes at median price $560,000 with 49 days average market time.

VA 012525 — VA financing used to close for week ending January 25th

2,000 SF or more closed on 58 homes at median price $499,995 with 75 days average market time, last week 67 homes at median price $496,500 with 49 days average market time. Minimum price this week $311,000, last week $180,000.

2000 SF or more 012525 — 2,000 SF or more closed for week ending January 25th

Over 65% of homes closed this week using conventional financing. If you had cash to that it is over 89%. That doesn’t leave much room for FHA financing.

Under contract this week

Homes that went under contract this week are up slightly. 160 this week compared to 144 the previous week.

Here are the communities seller’s accepted the most contracts.

Aurora-25 Bolingbrook-22

Elgin-15 Naperville-16

Oswego-10 Plainfield-23

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 and 3 with 48 hours.

Also, seller’s accepted contracts thar are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours and 2 with 48 hours.

That is only 8 out of 160 homes that went under contract that have a home contingency.

Under contract this week median price $417,450 with 52 days average, last week $398,750 with 50 days average market time.

Under contract stats 012525 — Under contract stats for week ending January 25th

2025 by the month

Month New Closed Under contract

January 459 431 497

Check back with us every Saturday for the Fox Valley area of Illinois home prices real estate update.

At the end of each month we will also 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.

Here are some consumer guides that might answer some of your questions from the National Association of REALTORS here. These are for either a buyer or seller. Scroll down to see the guides.

You can also click on these to take you to the information request a home valuation, sign-up for email alerts, search for a home, IHDA programs, and down payment assistance.

Also ask your lender to see if they have any programs that might help you.

All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day as agents upload their information.

Fox Valley area of Illinois home prices January 25th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101