Fox Valley area of Illinois home prices March 22nd

Posted on March 22, 2025March 22, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices March 22nd

Fox Valley area of Illinois home prices March 22nd. It is a gorgeous sunny spring day here today. Highs range from 45-65 and lows range from 30-52 for this next week.

New listings this week are down slightly. 190 this week compared to 204 the previous week.

Closed listings are up. 152 this week compared to 128 the previous week.

Aurora New-23 $205,000-$644,990

Closed-18 $220,000-$645,000

Bolingbrook New-11 $289,900-$899,900

Closed-9 $280,000-$584,500

Elgin New-19 $230,000-$764,360

Closed-11 $307,000-$614,990

Naperville New-27 $424,900-$3,599,000

Closed-22 $364,900-$!,550,000

Oswego New-15 $299,900-$765,000

Closed-8 $375,000-$640,000

Plainfield New-21 $229,900-$895,000

Closed-12 $325,000-$676.765

St Charles New-20 $341,000-$1,100,000

Closed-9 $300,000-$1,238,000

Check out the other communities that also had activity this week in photo above and their price ranges.

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

Median list price this week $450,000, last week $468,999

Closed median price this week $425,000, last week $406,250.

Stats 032225 — Stats for week ending March 22nd

Conventional financing was used to close on 110 homes this week at median price $440,000 with 36 days average market time, last week 88 homes at median price $421,750 with 56 days average market time.

Conv 032225 — Conventional financing used to close for week ending March 22nd

Cash was used to close on 23 homes this week at median price $425,000 with 54 days average market time, last week 15 homes at median price $425,000 with 15 days average market time.

Cash 032225 — Cash used to close for week ending March 22nd

FHA financing was used to close on 14 homes this week at median price $339,000 with 41 days average market time, last week 16 homes at median price $352,250 with 65 days average market time.

FHA 032225 — FHA financing used to close for week ending March 22nd

VA financing was used to close on 4 homes this week at median price $442,500 with 73 days average market time, last week 8 homes at median price $394,950 with 28 days average market time.

VA 032225 — VA financing used to close for week ending March 22nd

2,000 SF or more closed on 81 homes this week at median price $545,000 with 52 days average market time, last week 67 homes at median price $498,000 with 61 days average market time. Minimum price this week $255,000, last week $240,000.

2000 SF or more 032225 — 2,000 SF or more closed for week ending March 22nd

72% of homes closed this week using conventional financing. If it is not cash it better be conventional financing if you want to have a chance at getting accepted.

The weather is improving and it is staying light longer. After work showings are not too bad. You can actually see something.

Under contract this week

Homes that went under contract this week are up slightly. 198 this week compared to 189 the previous week.

Aurora-23 Bolingbrook-14

Elgin-24 Naperville-29

Plainfield-25 St Charles-13

See the other communities in photo above that also had contracts accepted.

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 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. 2 with 48 hours and 2 with 24 hours.

Under contract median price this week $455,750 with 41 days average market time, last week $425,000 with 50 days average market time.

2025 by the month

Month New Closed Under contract

January 585 570 652

February 609 504 590

March 574 423 548

Totals 1768 1497 1790

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 compare to.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Click on everything that is bold and underlined to take you to the information.

You can go to nar.realtor/the-facts to see all the guides and videos on everything from beginning to end of buying or selling a home.

You can also request a home valuation, sign-up for email alerts, search for homes, and down payment assistance.

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

Fox Valley area of Illinois home prices March 22nd. Have an awesome week!

Kristine Heiman, Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley area of Illinois home prices March 15th

Posted on March 15, 2025March 15, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices March 15th

Fox Valley area of Illinois home prices March 15th. 63 degrees and very windy right now. This next week we should see temperatures ranging from 41-71 for highs and 25-49 for lows. It will be a roller coaster for a little while.

New listings this week are up. 204 this week compared to 180 the previous week.

Closed listing this week are down. 128 this week compared to 143 the previous week.

Aurora New-22 $239,900-$699,000

Closed-14 $155,000-$685,555

Bolingbrook New-19 $222,000-$790,000

Closed-8 $300,0000-$423,500

Elgin New-30 $130,000-$1,350,000

Closed-4 $266,000-$627,990

Naperville New-8 $394,900-$2,499,995

Closed-13 $375,000-$1,530,000

Oswego New-15 $375.-$900,000

Closed-5 $445,000-$810,585

Plainfield New-27 $264,000-$965,000

Closed-20 $240,000-$895,045

These are the communities with the most activity this week. To see the other communities that also had activity look at the photo above to see their price ranges.

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

Median list price this week $468,999, last week $440,000.

Closed median price this week $406,250, last week $418,000.

Stats 031525 — Stats for week ending March 15th

Conventional financing was used to close on 88 homes this week at median price $421,750 with 56 days average market time, last week 107 homes at median price $426,700 with 45 days average market time.

Conv 031525 — Conventional financing used to close for week ending March 15th

Cash was used to close on 15 homes this week at median price $425,000 with 15 days average market time, last week 19 homes at median price $400,000 with 52 days average market time.

Cash 031525 — Cash used to close for week ending March 15th

FHA financing was used to close on 16 homes this week at median price $352,250 with 65 days average market time, last week 12 homes at median price $310,000 with 64 days average market time.

FHA 031525 — FHA financing used to close for week ending March 15th

VA financing was used to close on 8 homes this week at median price $394,950 with 28 days average market time, last week 4 homes at median price $404,500 with 136 days average market time.

VA 031525 — VA financing used to close for week ending March 15th

2,000 SF or more closed on 67 homes this week at median price $498,000 with 61 days average market time, last week 74 homes at median price $539,500 with 62 days average market time. Minimum price this week $240,000, last week $245,000.

2000 SF or more 031525 — 2,000 SF or more closed for week ending March 15th

68% of homes closed this week used conventional financing. This week is the first time in a very long time that FHA financing was used to close more than cash. It was only by 1. We will have to see if this continues.