Wheaton, IL Real Estate Market Update: March 2025

Hi there! It's The Kombrink Team at One Source Realty, your trusted REALTORS® serving Wheaton, Illinois. Whether you're looking to buy or sell a home, understanding the current market conditions is essential to making informed decisions. Let’s dive into the latest data and what it means for buyers and sellers in Wheaton.

Key Market Statistics for March 2025

The Wheaton real estate market continues to be highly active, with some notable trends shaping the buying and selling experience. Here’s what the latest numbers reveal:

  • 1.1 Months Supply of Inventory – A competitive, low-supply market.
  • 13% Year-Over-Year Inventory Decrease – Fewer homes are available compared to last year.

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The Latest Aurora, IL Real Estate Market Trends You Need to Know

Hey there! It's The Kombrink Team at One Source Realty, your trusted REALTORS® serving the Aurora, Illinois community. Whether you're looking to buy or sell a home, staying updated on local real estate trends can help you make the best decisions. Today, we're breaking down the latest market stats, what they mean for buyers and sellers, and what you should do next.

Aurora’s Housing Market at a Glance

The Aurora real estate market is seeing some interesting shifts. Here are the key stats for this month:

  • 1 Month Supply of Inventory – A tight supply, keeping competition strong.
  • 16% Increase in Inventory – A positive sign for buyers, but still not enough to tip the…

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It’s no secret that remote work has surged over the last few years. And that flexibility gave a lot of people the freedom to move — and work — from wherever they wanted.

But now, a growing number of companies are requiring employees to return to the office. And that’s leading some people to make decisions about where they live and if they need to move.

How Return-to-Work Policies Are Impacting Housing

During the rise of remote work, a lot of employees took the opportunity to move away from expensive or crowded city centers. Some opted for suburban neighborhoods and larger homes with yards, while others relocated to more rural areas. But lately, more people are returning to the city.

And according to data from Bright MLS,more than half of…

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Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered during the buyer’s inspection. That’s why it pays to anticipate potential issues before buyers ever step through the door. And one way to do that is with a pre-listing inspection.

What Is a Pre-Listing Inspection? 

A pre-listing inspection is essentially a professional home inspection you schedule before putting your house on the market. Just like the inspections your buyer will do after making an offer, this process identifies any issues with the condition of your house that could have an impact on the sale – like structural problems, faulty or outdated HVAC systems, or other essential repairs.

While it’s a…

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362 Violet Ln, Batavia, IL

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 4 BATHROOMS 0.25 acres Lot Welcome to 362 Violet Ln in the sought-after Johnson Woods neighborhood of Batavia, Illinois-a stunning luxury home that blends elegance and comfort, just a short walk to the park and minutes from downtown Batavia. This 4-bedroom, 3 full and 1 half bath home sits on a beautifully landscaped lot with a 3-car attached garage. From the paver front porch to the private backyard retreat, featuring a no-maintenance Trex composite deck with a Sunsetter retractable awning, paver patio, firepit, and a…

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More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.

For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But now, more of them are getting back out there. That’s because they’re getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize. According to the National Association of Realtors (NAR): 

"Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range."

And that’s good for you and your plans to sell. While there isn’t…

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3N667 Arbor Creek Rd, St Charles, IL

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 4 BATHROOMS 1.25 acres Lot

Discover your dream home in the coveted Arbor Creek neighborhood of St. Charles. This exquisite 4BR/3.1BA brick front two-story home stands proudly on a spacious, landscaped lot adorned with mature trees. This property is equipped with a convenient 3-car sideload garage, a charming paver front patio, an expansive backyard deck, a cozy firepit, and a functional shed with electricity. Step inside to find elegant hardwood floors and plush new carpeting, along with meticulous trim detail…

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Think you need a 20% down payment to buy a home? Or that your credit score has to be flawless? Think again! These long-standing home-buying myths are stopping many potential homeowners in their tracks. In reality, buying a home is often easier and more attainable than most people realize.

If you’ve been holding off on purchasing a home because of these misconceptions, it’s time to separate fact from fiction. In this article, we’ll bust the biggest home-buying myths so you can make informed decisions about homeownership.

Let’s dive in!

Myth #1: You Need a 20% Down Payment to Buy a Home

One of the most common misconceptions about buying a home is that you must put down 20% of the home’s purchase price. While a 20% down payment is ideal,…

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When searching for a home, you don’t want to skip over new builds as an option. Right now, there are more newly built homes to choose from than there would normally be in the market. And those added choices come with some pretty incredible benefits. Talking to your agent is the best way to see if this type of home makes sense for you.

Here’s a quick rundown of some things your agent will walk you through – including a few of the top perks of buying a newly built home today and some potential things you’ll want to think about before you ink any contracts.

The Perks of Buying a Newly Built Home 

Customization Options: Many builders allow buyers to choose finishes, layouts, and upgrades so that you can personalize your home to your unique sense of…

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Some Highlights

  • A study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why.​
  • Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth as home values rise.
  • While renting may be the less expensive option in some markets, it can’t match the long-term benefits of homeownership. What’s your #1 reason for wanting to buy?​

Originally posted at Simplifying The Market.

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