Fox Valley area Illinois home prices July 18th

Fox Valley area of Illinois home prices July 18th.

It is 81 degrees right now but it says the real feel is 100 degrees.  We are on a air quality alert because of the Canada fires that the smoke is drifting in our area.

The highs this next week should be between 75-87 degrees and lows between 55-72 degrees.

We will show you the price ranges in the different communities that I follow every week for new listings and closed listings.

Also, we will show you the median prices, type of financing used, communities that had listings under contract, contingencies, and 2026 by the month.

Towards the end we will give links to information about the buying/selling process and ways to search for a home.

Here are the communities with the most activity this week.

Aurora New-38 $192,500-$1,295,000

            Closed-21 $256,000-$680,000

Batavia New-13 $300,000-$879,000

            Closed-13 $415,000-$840,000

Bolingbrook New-17 $300,000-$660,000

                   Closed-12 $225,077-$579,000

Elgin New-18 $299,000-$585,000

         Closed-27 $239,000-$1,300,000

Geneva New-13 $450,000-$1,200,000

            Closed-9 $330,000-$1,800,000

Naperville New-44 $449,900-$3,000,000

                 Closed-35 $450,000-$8,300,000

Oswego New-30 $289,900-$657,100

             Closed-19 $205,000-$599,990

Plainfield New-37 $349,900-$1,169,900

               Closed-26 $359,900-$1,125,000

St Charles New-23 $279,900-$2,990,000

                 Closed-20 $405,000-$1,942,000

Sycamore New-10 $299,750-$860,000

                Closed-6 $275,000-$400,000

Yorkville New-15 $374,900-$729,900

               Closed-9 $364,999-$540,000

Look at photo above to see other communities that also had activity and their price ranges.

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

Median list price this week $509,965.  Closed median price this week $469,900.

Conventional financing was used to close on 177 homes this week at median price $475,000 with 19 average days on market.

Cash was used to close on 41 homes this week at median price $588,000 with 13 average days on market.

FHA financing was used to close on 21 homes this week at median price $369,900 with 36 average days on market.

VA financing was used to close on 3 homes this week at median price $519,000 with 30 average days on market.

2,000 SF or more closed on 150 homes this week at median price $574,748 with 21 average days on market.  Minimum price this week $325,000.

If you look closer to the photos you will also see price per square foot, closing price/list price percentage, and average age of homes sold.

Conventional financing continues to be the choice for most people with a little over 73% and just over 61% of homes closed this week were at least 2,000 SF or more.

Under contract this week

235 homes went under contract this week.

Here are the communities with the most activity this week.

Aurora-23             Bolingbrook-16

Elgin-23                Geneva-10

Naperville-25        Oswego-15

Plainfield-25          St Charles-17

1 short sale was accepted by a seller this week.  It was in Plainfield.  Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  2 with a kick-out clause of 48 hours and also 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 48 hours. 1 that does not let us know the hours they have to remove the contingency.

Under contract median price this week $499,000 with 26 average days on market.

2026 by the month

Month          New   Closed   Under contract

January              526      416              392

February            668      477              673

March               1076      778            1083

April                  1143      791              914

May                    1113      806             930

June                  1140      932            1026

July                    813      708              666

Totals         6479   4908        5684

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 2025 and 2024 so you have something to compare to.

Contact us

Call us at 630503-6555 with all your real estate questions.  Your goal is our goal.

A few things need to happen before you can go out and start looking at homes.

First you need to contact a local lender with all your financial information so they can see what you qualify for.  They will give you a letter showing that you have been preapproved.

Next we need you to sign a buyer representation agreement.  Then we can start to look at homes. 

REALTORS  only show homes that the buyer is qualified for.  An open house is different.  Anyone can go to an open house.

You can sign-up for email alerts and choose the criteria you are looking for in a home and it will get emailed to you as they hit the market.  You can also search for a home anytime.

Thinking about selling your home?  Fill out this form and tell us a little bit about your home, what has been updated, and we will do a market analysis to show you what it might sell for in today’s market.  We will also provide you with a net proceeds that shows you the expenses to sell so you can see what you  might walk away with at closing.

You can find out more information about the buying/selling process here.  Scroll down to see the guides and videos. Let us know what questions you still have.

All data provided today was downloaded from Midwest Real Estate Data LLC.  It changes throughout the day.

Fox Valley area of Illinois home prices July 18th.

Have an awesome week!

Kristine Heiman, Managing Broker

ABR, AHWD, MRP, SFR, SRS, SRES

Best Home Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101