Fox Valley area of Illinois home prices November 1st
Fox Valley area of Illinois home prices November 1st. It is 49 degrees and cloudy right now. This next week we should see highs from 49-60 degrees with lows from 34-45 degrees. The weather is definitely changing.
New listings are down. 188 this week compared to 212 the previous week.
Closed listings are up. 230 this week compared to 189 the previous week.
Aurora New-16 $175,000-$625,000
Closed-33 $215,000-$699,900
Bolingbrook New-13 $295,000-$524,900
Closed-13 $245,000-$586,400
Elgin New-28 $270,000-$999,000
Closed-23 $164,000-$825,000
Naperville New-22 $474,900-$2,675,000
Closed-20 $525,000-$1,813,000
Oswego New-11 $415,000-$769,770
Closed-15 $289,000-$810,000
Plainfield New-26 $340,000-$700,000
Closed-33 $220,000-$783,611
St Charles New-10 $415,000-$1,100,000
Closed-21 $230,100-$1,680,000
Yorkville New-10 $350,000-$1,100,000
Closed-3 $446,500-$570,000
Look at the picture above to see 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 $454,995, last week $469,000.
Closed median price this week $438,450, last week $469,900.
Conventional financing was used to close on 160 homes this week at median price $439,990 with 38 days average market time, last week 133 homes at median price 477,000 with 40 days average market time.
Cash was used to close on 37 homes this week at median price $515,000 with 47 days average market time, last week 33 homes at median price $452,000 with 35 days average market time.
FHA financing was used to close on 23 homes this week at median price $370,000 with 44 days average market time, last week 15 homes at median price $390,000 with 26 days average market time.
VA financing was used to close on 10 homes this week at median price $396,995 with 24 days average market time, last week 8 homes at median price $447,350 with 49 days average market time.
2,000 SF or more closed on 139 homes this week at median price $555,000 with 40 days average market time, last week 120 homes at median price $550,000 with 45 days average market time. Minimum price this week $220,000, last week $305,000.
Over 69% of homes closed this week used conventional financing and over 60% of homes closed were at least 2,000 SF or more.
Under contract this week
Homes that went under contract are down slightly. 177 this week compared to 189 the previous week.
Aurora-23 Elgin-22
Naperville-23 North Aurora-12
Plainfield-22 Yorkville-10
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, 2 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. 2 with a kick-out clause of 72 hours, 6 with 48 hours, and 1 with 24 hours. There was also 1 that did not choose a time limit or chose an alternative time period.
Under contract median price this week $455,000 with 52 days average market time, last week $439,900 with 46 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
October 1040 981 991
Totals 10,332 7,862 8,551
2024
January 576 523 599
February 637 416 691
March 674 612 782
April 800 688 801
May 1077 1002 1075
June 1009 906 918
July 1173 1050 1094
August 883 858 725
September 849 734 777
October 990 936 878
Totals 8,668 7,725 8,340
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
October 639 568 549
Totals 7,100 6,611 7,374
New listings have increased. The numbers that count is closings and they only went up 137 from last year.
Check back with us every Saturday for the real estate market 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.
For information about the process of buying and selling a home and what it means to work with a REALTOR please go to nar.realtor/the-facts and scroll down to the guides and videos.
You can also request a home valuation, sign-up for email alerts, down payment assistance, IHDA programs, and search for a home.
If there is any other information you are looking for just let us know and we will point you in the right direction.
All data used today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley area of Illinois home prices November 1st. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, AHWD, MRP, SFR, SRES, SRS
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101
