Batavia Illinois Real Estate Market
The real estate landscape in Batavia, Illinois, continues to evolve in 2025, showing promising signs of both activity and stability. Whether you're planning to buy or sell a home, understanding the latest market trends can help you make informed decisions. In this update, brought to you by Matt Kombrink of The Kombrink Team at One Source Realty, we’ll explore the key figures shaping the Batavia Illinois real estate market as of May 2025.
Current Housing Inventory in Batavia: 1.1 Months Supply
Batavia is currently experiencing a 1.1 Months Supply of Inventory—a clear indicator that the market still heavily favors sellers. This metric essentially tells us how long it would take for all the homes on the market to sell if no new listings were added. A balanced market typically sits at around 5–6 months of inventory, so Batavia is well below that threshold.
While this figure reflects tight inventory, it’s worth noting that there’s been a 6% increase in inventory over the past 12 months. That may not seem dramatic at first glance, but it signals that some pressure is beginning to ease for homebuyers. The slight uptick may bring more opportunities for those seeking to enter the market without engaging in overly aggressive bidding wars.
Sold to List Price Ratio: 101.9% Shows Strength
Sellers are consistently receiving more than their asking price, with the Sold to List Price ratio at a robust 101.9%. This means that on average, homes are selling above their listing price—a powerful testament to continued buyer competition and confidence in the Batavia real estate market.
This ratio benefits both buyers and sellers in different ways. Sellers enjoy strong returns, while buyers are reassured they’re investing in a high-demand area where property values are stable and appreciating. It also shows that buyers are willing to meet or exceed asking prices to secure homes in this competitive environment.
Homes Are Selling Fast: Median Days on Market at 25
Another crucial metric is the Median Days on Market (DOM), currently at 25 days. This reflects a fast-moving market. For context, homes in a balanced market might remain listed for 45–60 days before selling. Here in Batavia, homes are being snatched up in just over three weeks.
If you're a seller, this means your property is likely to move quickly—provided it’s priced appropriately and presented well. For buyers, it’s essential to be prepared to act swiftly when you find a home that meets your needs. Pre-approvals, competitive offers, and having a knowledgeable agent by your side will be key.
Median Sold Price: A Strong $460,000
The median sold price in Batavia has reached $460,000, marking the continued desirability of the area. This number reflects the midpoint of all sold prices—meaning half of the homes sold for more, and half for less.
This price point positions Batavia as a mid-to-upper-tier suburb in the Chicagoland area, offering a blend of affordability and quality living. The strong pricing, coupled with quick turnover and competitive offer activity, paints a picture of a robust local market.
What This Means for Buyers and Sellers in Batavia
If you’re thinking about buying a home in Batavia, it’s still a competitive environment, but the slight increase in inventory suggests a softening edge that could work in your favor. Be sure to have financing lined up, and work with a real estate professional who understands the nuances of this market.
If you’re planning to sell, now is an excellent time. With homes selling quickly and often above asking price, you’re well-positioned to achieve favorable terms. However, even in a seller’s market, strategic pricing and staging make a difference.
Final Thoughts from Your Local Expert
Batavia continues to shine as one of Illinois’ most appealing suburban markets. With low inventory, strong pricing, and swift sales, this city remains a dynamic and rewarding place for real estate transactions. Whether you're upsizing, downsizing, or buying your first home, the market’s current momentum offers plenty of opportunities.
As always, we're here to answer your questions, help you navigate the process, or simply chat about your goals. Reach out any time—we’d love to help you make your next move in Batavia a successful one.
FAQs about Batavia Illinois Real Estate Market
Is Batavia a buyer’s or seller’s market in May 2025?
As of May 2025, Batavia is a strong seller’s market with just 1.1 months of inventory.
What is the average selling price for homes in Batavia?
The median sold price is $460,000, reflecting strong demand and solid property values.
Are homes selling quickly in Batavia?
Yes, homes are moving fast with a median of 25 days on the market.
What does a 101.9% Sold to List Price ratio mean?
It means homes are selling above asking price, highlighting a highly competitive market.
Has inventory improved for buyers?
Yes, inventory has increased by 6% year-over-year, which may provide buyers more choices.
Should I buy now or wait?
While market conditions remain competitive, a slight inventory increase may offer some breathing room. Buyers who are financially prepared can still secure great homes.
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